Legal Tech mainly refers to technologies that can assume genuinely legal activities and – in certain areas – can carry out these activities faster and more reliably than a human
being. The essential range of applications of Legal Tech includes technical solutions and business models aiming at private clients as well as business consultancies and corporate lawyers. Current fields of activity for Legal Tech mainly can be found in the areas of competence development, adaptation of regulatory framework conditions and consumer protection.
Future Legal Tech applications will probably also support jurisdiction in court. Legal Tech solutions based on artificial intelligence (AI) and distributed ledger or rather blockchain technologies are still at an early stage of development.