Technology and Security in the Legal Sector
Cognatio Law provides financial services groups, law firms, and companies (from SMEs to MNCs) with the additional compliance and regulatory resources they need. We offer flexible rates, fixed-cost pricing, and monthly retainers depending on your specific budget requirements. Our management team has 40 years’ experience of working with legal, compliance and risk professionals across the Asia Pacific region.
Technology is, and has been, advancing at a rapid pace for some time now and does not show any signs of slowing down. Just how tech-savvy though do successful lawyers need to be in the current digital age? Recent innovations in technology, such as smart contracts and AI platforms, are tools that forward-thinking lawyers can utilize to reduce time intensive tasks, assist with strategic thinking by using data analysis, inform case outcomes, as well as digitising documents and storing them on “the cloud”. This means that lawyers are now able to gain remote document access from any location and a variety of devices.
Technology is also changing the way that legal professionals work, especially in the NewLaw arena. The NewLaw business model is based around flexible working and offers both lawyers and their clients’ greater autonomy over how, when and where they work.
These NewLaw firms, such as Hong Kong-based Cognatio Law, enable their clients legal and compliance teams to operate more efficiently and achieve cost-effective business solutions. Cognatio Law does this by seconding consultants at short notice on projects, which in turn allows companies to meet important deadlines without the risk of incurring additional permanent headcount costs.
Security is another issue which businesses face with the rise of technology. Your cloud-stored documents, along with all your electronic devices and AI platforms, must obviously be kept confidential and secure. If you are a law firm looking to embrace newer technologies, we would invite you to contact our team of consultants at CognatioX. The technology experts at CognatioX will ensure your systems and files are secure and kept confidential with our Security Operation Centres based out of the USA, Europe, Middle East, Asia and Australia. Our systems are monitored 24 hours a day, 7 days a week to ensure clients’ enterprises are kept up to date against the very latest internet security threats.
Being tech-savvy is an important part of nearly every career in today’s digital age and it is vital for lawyers to also compete and succeed in this fast-paced business world. This means they have to be able to quickly and accurately advise their clients on any issue whilst at the same time ensure that confidentiality remains a top priority.
Credit: Prosperity Research Digital Agency (PRDA): PRDA's Founder Douglas White developer of proven 5 step, 4 KPIs process of Social Media Marketing.