In a recent Insight by Outsell, Director & Lead Analyst David Curle analyses how the pressure on the traditional law firm model is not unique to the US and UK markets and how the new Swedish knowledge management service VQ Legal follows the international trend as it automates and streamlines key processes in the practice of law.
VQ Legal provides a new intelligent and efficient solution for creating all relevant documents for a specific matter with a content that is updated and quality assured. It is a cloud service that is always reachable from any computer with internet access. The document collections are available to purchase upon demand and customers are not bound by any license cost or monthly subscription fees. The customers use a web interface to answer questions regarding the specific matter and based on the responses, VQ Legal automatically generates the appropriate documents.
The difference between VQ Legal and other template document providers is the intelligent assembly of the document and the creation of multiple documents with information entered once by the lawyers prefilled into all the documents. The solution can also be integrated and reachable directly from a law firm or legal department’s internal systems and the documents can be adjusted to the same look and feel as to the documents produced internally.
The founders of VQ, Helena Hallgarn and Ann Björk, two of the most experienced knowledge management professionals in Scandinavia, developed VQ Legal to support legal advisers streamlining their work to meet the legal market trends with new business models and client demands for increased professionalism, efficiency and more value for money.
That the launch of VQ Legal is in line with the international trends is confirmed by the Outsell Insight: “The founders of VQ have very consciously followed KM developments in the US and UK legal services industry, and found in Sweden many of the same structural and management problems that face the legal services industry around the world.” […] “Like others looking to remake the practice of law, they see an industry full of opportunities to replace repetitive and redundant human processes with new technology, processes, and workflow-embedded content. While not as robust an offering as those from Practical Law Company, that approach is clearly a role model here.”
Read the entire article here: VQ Legal – Legal Knowledge Engineering Comes to Sweden