Legaltech versus GDPR and AML
					Various legislative changes affect the legal industry. Legaltechs increasingly find solutions to AML and GDPR issues, creating an industry ripe for change.				
				 Published: 27 November 2019
Author: Andreas Fillmann
The worldwide legaltech market is growing rapidly and is set to disrupt the legal market environment. Legaltechs provide services to different geographies and jurisdictions, and offer solutions to various parties, such as lawyer to business, lawyer to consumer, and lawyer to lawyer.
There are various business models which all provide various electronic and technical legal solutions driven by the need for cost reductions or client satisfaction. The main areas for such legaltech business models are:
Published: 27 November 2019
Author: Andreas Fillmann
The worldwide legaltech market is growing rapidly and is set to disrupt the legal market environment. Legaltechs provide services to different geographies and jurisdictions, and offer solutions to various parties, such as lawyer to business, lawyer to consumer, and lawyer to lawyer.
There are various business models which all provide various electronic and technical legal solutions driven by the need for cost reductions or client satisfaction. The main areas for such legaltech business models are: 
- Marketplaces, networks, and platforms for legal services (including blockchain)
- Workflows, processes, and tasks (e.g. document review, e-discovery, intellectual-property asset management, automated document assembly, legal-contract management, legal-research analysis, and legal-practice management)
- Online dispute-resolution, and
- Artificial-intelligence systems (e.g. providing legal case research and solutions).
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