*By Magno Alves
The transformation of Legal Departments and Law Firms has been driven by a combination of factors that challenge the traditional model of law, requiring a different approach from legal professionals, such as more agile processes, effective control over data and greater focus on generating results and efficiency.
In this sense, the advancement of legal management platforms linked to the increasingly comprehensive use of Artificial intelligence (AI) have changed the way lawyers work, allowing for greater productivity, cost reduction and operational efficiency, through the simplification of repetitive activities, enabling more precise and faster data analysis, helping these professionals in making strategic decisions.
Companies of various segments and sizes are benefiting from these transformations, especially those required by high compliance standards and transparent communication with internal areas, investors and regulatory bodies. This is why Legal Departments have been increasingly required to adopt practices that ensure information complies with national and international regulations, minimizing risks and ensuring the integrity of operations, such as compliance with LGPD and GDPR rules for data protection purposes and regulations provided for in SOX (Sarbanes Oxley Act) for auditing and financial purposes of legal provision information.
In an increasingly competitive corporate environment focused on maximizing added value for clients, all areas of the company need to contribute to the results. And direct collaboration from the legal department is essential in this process. Therefore, cost optimization and management by indicators (KPIs) are a constant need for departments and offices that are able to offer high-quality services.
In this context, the use of technology in Law is increasingly relevant, driven especially by the benefits that legal management platforms offer. By developing tools that meet the needs of the legal department and its interactions with other business areas, these systems promote greater integration and communication, increasing operability and reducing costs and bureaucracy. In a scenario where time and accuracy are essential, legal management platforms allow professionals to focus on strategic issues, while administrative tasks are automated.
The impact of technology can also be seen in the protection and traceability of contracts and processes accessed by users, ensuring the confidentiality of sensitive information. Brazil, for example, suffered 60 billion cyberattack attempts in 2023, according to data from FortiGuard Labs. To mitigate these risks, companies are already and must continue to invest in robust cybersecurity infrastructure, implement effective digital awareness policies, and foster collaboration between the public and private sectors to identify and respond more quickly to threats.
Artificial intelligence
AI is playing an increasingly central role in this revolution in the legal sector, just as it has done with the technological advancement of society and corporations in general. By automating operational tasks, such as registering, reviewing documents, searching for information and conducting research on doctrines and case law, AI increases efficiency and reduces costs for law firms and legal departments.
Furthermore, Artificial Intelligence also enhances the work of lawyers by offering detailed data analysis, which allows them to identify patterns and predict case outcomes with greater accuracy. This capability not only speeds up decision-making, but also increases the quality of legal services provided. As the speed of commercial transactions continues to increase, the application of Artificial Intelligence tools in prediction shows itself to be a promising path, especially to ensure compliance, accuracy and security in transactions.
Another aspect that will be increasingly present in the life of a lawyer is the application of AI-based virtual assistants, emerging as scalable resources to provide basic support to clients, promoting democratic access to legal information while protecting the privacy of information.
Challenges
The high speed at which technological transformation occurs presents challenges and demands innovation constant for companies to stay ahead of the curve. In a scenario where cyber threats evolve every day and regulatory requirements become increasingly complex, it is imperative that organizations always stay one step ahead.
However, the challenges are not greater than the opportunities. In the legal sector, the legal management platform is no longer a mere facilitator but a central part of legal practice, offering safer and more effective solutions. Those who master and adapt to this new reality will be better prepared to lead the new era of Law, in which it becomes possible, through legal management platforms, to achieve even greater results for their companies.
*Magno Alves is Director of Benner Group, a technology company that offers softwares business management and BPO services to revolutionize and simplify business.
Notice: The opinion presented in this article is the responsibility of its author and not of ABES - Brazilian Association of Software Companies
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