The legal industry is undergoing a transformative period, and events like TechTorget are at the forefront of this change. Bringing together over 500 delegates, this annual event in Oslo has become an important meeting point for lawyers and IT-solution providers, showcasing how technology can redefine the way legal professionals work.
The Growing Importance of Legal Tech
According to a survey by the Karnov Group, a significant 96% of Scandinavian lawyers believe that leveraging new digital tools is crucial for the future of legal work. This sentiment was evident at
TechTorget, which marked its fifth edition in Oslo, with a similar event now also established in Copenhagen. The event hosted 43 exhibitors presenting IT solutions tailored to the legal sector.
The format of TechTorget is a dynamic mix of larger seminars, smaller interactive sessions, solution demos, and courses organized by the Bar Association. This multifaceted approach not only informs but also inspires attendees to rethink their practices.
Buy or Build? The Digital Dilemma
One of the central debates at the event revolved around whether law firms should buy standard tech solutions or build customized tools. Several prominent law firms, including Wiersholm, Mannheimer Swartling, Vinge, Roschier, Selmer, and Simonsen Vogt Wiig, shared their experiences in this domain. From implementing AI to crafting tailored solutions for specific use cases, the discussions highlighted the need for a balanced approach. The newly established law firm Ekko also demonstrated how a tech-forward mindset could reshape operations, using AI not only for administrative tasks like client intake but also for direct client matters.
Staying in the “Balanced Forefront”
A recurring theme during the panel discussions was the idea of being in the “balanced forefront.” Law firms were encouraged to embrace technology while remaining mindful of information security and other risks. The COVID-19 pandemic served as a pivotal moment for many firms, proving their adaptability when they shifted seamlessly to online meetings and digital interactions. The consensus? The same adaptability will drive the adoption of further tech solutions when there is a clear client demand.
Beyond Technology: A People-Centric Revolution
While technology was the focus, it became clear that successful adoption is less about the tools themselves and more about the people, culture, and processes behind them. As Ann-Marie Ovin from Vinge aptly summarized with a reference to Henry Ford’s famous quote: “If I would have asked people what they wanted, they would have said faster horses.” Instead, he built the car. Her question, “Are we giving our clients faster horses or cars?” resonated with many. The conclusion? Legal professionals must rethink their services, blending technology, people, and processes to deliver meaningful value.
A Thoughtful Path Forward
TechTorget has proven to be more than an exhibition; it is a platform for discussions that challenge traditional approaches. The legal industry’s transformation requires a holistic approach that integrates people, processes, and technology. Tools and systems alone are not sufficient to meet evolving client expectations. Success will come from fostering collaboration, focusing on effective workflows, and building a culture that supports continuous improvement. By addressing these areas collectively, law firms can ensure they remain aligned with both current and future demands of the legal sector.
