| | August 20184CIOReviewEditorialLegal departments and law firms are increasingly becoming aware of the cost efficiency that comes along with IT adoption. This efficiency can be ascribed to the potential which legal technology has to rapidly transform the practices of organizations in this sector. Recent developments in legal IT are also facilitating the development of new strategies, business processes, management structures, collaborative and conducive working arrangements, delivery-oriented systems and client relationships. With huge advances in virtualization and cloud security, most law firms are embracing digital business trends, realizing they hold tremendous potential for time and cost savings. With the advent of automation, new software solutions are being developed lately which automate legal processes and tasks. Next is the introduction of AI to legal technology which has revolutionized the industry as well as digital applications like contract management, time-sheet, research, legal analytics and more. Processes like due diligence, research, updates, tracking of developments, basic documentation, contract review, etc can be easily performed by AI. Blockchain technology is another technology that has shown immense potential to revolutionize the legal industry as it is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. For large litigation practices, the technology that has come to the rescue is cloud collaboration, enabling teams of lawyers to collaborate and share notes about case-related evidence and documents in secure web-based platforms, reducing redundancies and inefficiencies in the litigation preparation process. These technological advancements are gradually creating a new ecosystem that may redefine legal profession by simplifying financial management, vendor management, data analytics, tech support, cross-functional alignment, and litigation support. In this issue, CIOReview India has come up with a list of 10 Most Promising Legal Technology Solution Providers who have proved their mettle in this domain with their innovative offerings. These companies pride themselves on keeping pace with the latest technological advancements in this field. We hope this issue gives you helpful insight into this market landscape. Sudhakar SinghEditorsudhakar@cioreviewindia.comDisruptive Technologies Transforming the Legal Industry VOL 6 · ISSUE 8-8 · AUGUST 20, 2018 PublisherOffice Editorial queries editor@cioreviewindia.com To subscribeVisit www.cioreviewindia.com/magazine-in or send email to: subscription@cioreviewindia.comCover price is Rs 150 per issueAshok KumarVirupakshi PattarAlok ChaturvediCIOReviewGroup Art DirectorVP - Sales & MarketingMagendran PerumalCirculation ManagerEditorial TeamCIOReview No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Veena R PiddannavarManjunathVimal RajCIOReviewEditorSudhakar SinghVisualizersAdvertising queriessales@cioreviewindia.comBangaloreTel 080 46441103Sales & MarketingAmrit SinghIndranil ChakrabortyRavi Kalgi Rohit RaghubanshiAmeet Kumar SahooPrinted and published by Alok Chaturvedi on Behalf of Bizprint Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Copyright © 2018 Bizprint Media Technologies Pvt Ltd, All rights reserved. Re-production in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Chitra MishraEmmanuel Christi DasLakshmi GNazish HussainShaheen SaikiaSeena KennethSuchita GonsalvesVinisha PaivaNoidaTel 120 4639300
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