Legal departments are underusing maturing technologies - FutureCIO Legal - Gartnerlegal HEAD TOPICS

Legal departments are underusing maturing technologies - FutureCIO

10/21/2022 2:30:00 PM

Gartner hype cycle for legal and compliance technologies charts the adoption-readiness of innovations

Legal Gartnerlegal

Source

Gartner

Is your legal department trying to run before it can walk? GartnerLegal expert Zack Hutto told cxo_futurecio recently that many are underusing mature, established technology. Read the article here: GeneralConusel HypeCycle Gartner_inc Gartner hype cycle for legal and compliance technologies charts the adoption-readiness of innovations .“Many legal departments are becoming disillusioned with more nascent technologies. Teams are also failing to successfully adopt maturing technologies with the most established benefits,” he added.The Gartner Hype Cycle for Legal and Compliance Technologies 2022 helps l out the most significant technology opportunities for their departments.TheGartner Hype Cycleprovides a view of how a technology or application will evolve over time, providing a source of insight to manage its deployment within the context of a specific business goal. It allows clients to get educated about the promise of an emerging technology within the context of their industry and an individual appetite for risk. Read more:
Gartner » Gartner Says Many Legal Departments Are Underusing Maturing Technologies Madison County adding license plate cameras to help solve crime, not everyone happy about it Miss Manners: Breaking bad news is your boss’s job Russians schemed to send U.S. military technology to Russian defense sector, Justice Department says

Inside the only lithium producer in the U S which provides the critical mineral used in batteries by Tesla EV makers

Silver Peak has gained newfound attention in recent years as the energy and transportation sectors race to wean themselves off climate-warming fossil fuels. Read more >> Gartner Says Many Legal Departments Are Underusing Maturing TechnologiesGartnerLegal says many legal departments are underusing maturing technology Read the press release here: Gartner_inc Madison County adding license plate cameras to help solve crime, not everyone happy about itIn an effort to prevent and solve crime, the Madison County Sheriff's Department and the Anderson Police department are adding license plate reader technology to their community. Miss Manners: Breaking bad news is your boss’s job... my boss occasionally “lends” me to other departments for short assignments ... when my department has an urgent project, I am pulled back in. ... Russians schemed to send U.S. military technology to Russian defense sector, Justice Department saysTwo Russian nationals were arrested in a scheme to obtain sensitive U.S. military electronics and technology to provide it to the Russian defense sector, prosecutors said, noting that some of the items were found on the battlefield in Ukraine. A bunch were also arrested heading to Venezuela. Wow, American business, military personnel and politicians sold our tech to Russia, China and Saudi Arabia for money. We are selling our country because of politics? How low can we go? This is sad!! The GRU has their agents in the U.S. Russians schemed to send U.S. military technology to Russian defense sector, Justice Department saysTwo Russian nationals were arrested in a scheme to obtain sensitive US military electronics and technology in order to provide it to the Russian defense sector, with some of the obtained items found on the battlefield in Ukraine, prosecutors say. Why do all of that? tRUMP would’ve given it to them for free. Items for sale… 🤔 Next post will likely be of photos with GOP party members. Gartner Legal, Risk & Compliance practice .“However, many legal departments are becoming disillusioned with more nascent technologies.ANDERSON — In an effort to prevent and solve crime the Madison County Sheriff's Department and the Anderson Police Department are adding license plate reader technology to their communities.Published: Oct. “Many legal departments are becoming disillusioned with more nascent technologies. Teams are also failing to successfully adopt maturing technologies with the most established benefits,” he added.” The Gartner Hype Cycle for Legal and Compliance Technologies 2022 helps legal departments plan out the most significant technology opportunities for their departments The Gartner Hype Cycle provides a view of how a technology or application will evolve over time, providing a source of insight to manage its deployment within the context of a specific business goal. The Gartner Hype Cycle for Legal and Compliance Technologies 2022 helps l out the most significant technology opportunities for their departments. Some are in support of the cameras one person told WRTV they feel more cameras need to be downtown. The Gartner Hype Cycle provides a view of how a technology or application will evolve over time, providing a source of insight to manage its deployment within the context of a specific business goal. The maturation of foundational legal technologies such as contract lifecycle management and legal matter management are in the Slope of Enlightenment (see Figure 1). It allows clients to get educated about the promise of an emerging technology within the context of their industry and an individual appetite for risk. However, when my department has an urgent project, I am pulled back in. The maturation of foundational legal technologies such as contract lifecycle management and legal matter management are on the Slope of Enlightenment (see Figure 1). Figure 1: Hype Cycle for Legal and Compliance Technologies, 2022 Source: Gartner (October 2022) “The fact that at least half of legal departments haven’t put in place foundational systems of record in these areas means that more sophisticated innovations will be much harder to exploit successfully,” said Hutto. The cameras will capture license plates and brief descriptions of cars. However, these well-established innovations have a market penetration of under 50%. Legal and Compliance hype cycle Figure 1: Hype Cycle for Legal and Compliance Technologies, 2022 Source: Gartner (October 2022) “The fact that at least half of legal departments haven’t put in place foundational systems of record in these areas means that more sophisticated innovations will be much harder to exploit successfully,” said Hutto.” Pre-Enlightenment Technologies A combination of poor digital dexterity in legal teams and significant hype in the marketplace has left many departments struggling to implement both foundational platforms and more sophisticated functionalities, many of which can be found in a crowded trough of disillusionment on the 2022 Hype Cycle. “Departments are foregoing significant efficiency gains by the day while such foundational systems are not in place. "I think Anderson has been long overdue for a reduction of crime," said Jones.” Pre-enlightenment technologies A combination of poor digital dexterity in legal teams and significant hype in the marketplace has left many departments struggling to implement both foundational platforms and more sophisticated functionalities, many of which can be found in a crowded trough of disillusionment on the 2022 Hype Cycle. “Given their relatively low risk tolerance with technology, leaders should focus on the best-understood, most reliable innovations first – the foundational systems on the Slope of Enlightenment. This person is happy to help out in a pinch. “The technologies in the trough of disillusionment demonstrate a broad picture of legal departments – spurred on by big claims from vendors – trying to run before they can walk, or flat out investing in the wrong solution for their needs,” said Hutto. He opined that given their relatively low-risk tolerance with technology; leaders should focus on the best-understood, most reliable innovations first – the foundational systems on the Slope of Enlightenment.” At the Innovation Trigger stage, some of the technologies that are set to mature in 5-10 years have even greater transformational potential than those currently in the Trough of Disillusionment. Still, some residents don't like the cameras. Zack Hutto “Leaders must ask themselves, ‘What are we missing here? Is that a deliberate decision?’ Then, for more emerging innovations, ‘What could we be using? Are we ready for those investments?’ This will set them up to successfully adopt more advanced innovations.” Zack Hutto At the Innovation Trigger stage, some of the technologies that are set to mature in 5-10 years have even greater transformational potential than those currently in the Trough of Disillusionment. “Leading teams are reassessing their portfolio of regulatory intelligence resources, with many seeking alternative solutions to costly law firms and in-house resources,” said Hutto. Firstly, increasing regulatory oversight, geopolitical tensions and the COVID-19 pandemic have led to unprecedented regulatory change. "Isn't that an invasion of privacy?," Reed said.S. “Leading teams are reassessing their portfolio of regulatory intelligence resources, with many seeking alternative solutions to costly law firms and in-house resources,” said Hutto.” Secondly, many legal teams have well-established methods for managing external work (i. “But the market today is fragmented and replete with M&A activity, and it’s not always transparent what risk terrains are supported by vendors, which makes buying decisions very complex.” Secondly, many legal teams have well-established methods for managing external work (i., tasks handled by law firms or ALSPs); however, those methods rarely extend to internal work (i. That's what I am concerned about.e., tasks handled by law firms or ALSPs); however, those methods rarely extend to internal work (i., work handled by in-house lawyers and nonlawyer professionals), with most legal departments lacking systematic intake and triage. After a few hours of socializing, I was ready to leave. e. The cameras have already been effective in other agencies., work handled by in-house lawyers and nonlawyer professionals), with most legal departments lacking systematic intake and triage. “Intake and triage helps address these problems by allowing legal teams to control what work they do, and how they do it. “Current legal workloads are unmanageable, and lawyers are exhausted,” said Hutto. He added that intake and triage help address these problems by allowing legal teams to control what work they do, and how they do it. The sorts of data amassed from an intake and triage method can also unlock transformational opportunities to manage demand proactively and invest in automation."We have a number of successes in the criminal and the safety world as well. “Therefore, it has the potential to radically improve departmental productivity. That is one of the many duties of a host. The sorts of data amassed from an intake and triage method can also unlock transformational opportunities to manage demand proactively and invest in automation,” concluded Hutton. About Gartner for Legal, Risk & Compliance Leaders Gartner for Legal, Risk and Compliance Leaders provides expert guidance and tools to help leaders across legal, risk, audit and compliance departments more effectively manage an increasingly complex risk landscape and build next-generation functions. . "This is one of the most exciting tech advances in law enforcement in a long time," Sheriff Mellinger said.