Presented at the GlobalX Property Law CPD seminar November 2019. Visit https://www.globalx.co for more information.

1. Legal Tech Market
Update
By Nicola Watkins

3. LegalTech Classifications
66 subcategories

4. UK LegalTech investment is on the rise
Source: Legaltech Start-up Report 2019, a report by Thomson Reuters and Legal Geek
1.5
5.8
2.5
22
61 62
0 0 0 0 0 0
0
10
20
30
40
50
60
70
2014 2015 2016 2017 2018 2019

5. UK LegalTech v RegTech
1.5 5.8 2.5
22
61 62
35.6
54
114
153
169
198
0
50
100
150
200
250
2014 2015 2016 2017 2018 2019
Sources: Legaltech Start-up Report 2019, a report by Thomson Reuters and Legal Geek
www.regtechanalyst.com

6. UK New LegalTech Start-ups down
0
10
20
30
40
50
60
70
2014 2015 2016 2017 2018 2019
Series 1
Source: Legaltech Start-up Report 2019, a report by Thomson Reuters and Legal Geek

7. Law Society -
LegalTech Adoption
Research
LegalTech remains less mature than
other fields of digital disruption, most
notably fintech, where funding
and regulatory alignment are more
advanced.

8. Five big
trends are
Cloud
Artificial Intelligence (AI)
and Machine Learning
Process automation
Blockchain
Legal analytics

9. Reasons for adoption
Greater
efficiencies
to counter increasing
workloads and complexity
of work
Change in
demographic
of lawyers, younger, ‘tech
savvy’ staff becoming
more prevalent
Greater
client
pressure
on costs, transparency,
communication and
speed.

10. Client
pressure
Consumers are no longer comparing their
digital experience with what others are
doing in their service sector (for example,
HSBC vs Barclays), but are ranking one
service provider against the best regardless
of sectors (for example, HSBC vs Amazon).
Legal services are increasingly being
judged against a range of other digital
service providers that are much more
advanced, and this will become increasingly
problematic for law firms.

12. Drivers preventing adoption
A shortage of
Funds People Time

13. Our LegalTech
journey
Matter Centre
Matter Centre Projects
New Search Platform
Integration ecosystem

14. Our LegalTech journey
10
developers
in the UK
25
developers
In Australia

15. Award-winning automation for conveyancers
Complete Matter
Management
Auto-populated
forms & documents
Land Reg & SDLT
integration
Fully customisable
workflows
Integrated search
delivery
Dynamic
dashboard
Microsoft outlook
& word integration

17. Key benefits of the platform
Save time &
eliminate delays
All correspondence
in one convenient
place
Improved
compliance &
transparency
Enterprise grade
data security
No limits on
users or cases
Your software &
searches from the
same supplier

18. Matter Centre Projects
Multiple Matter Management
Enable the connection and
management of an unlimited
number of matters of with the
creation of Master Projects.
Property Developer Portal
Share important documents
and information with your
Property Developer to the
Projects Portal directly from
Matter Centre.
Manage “Options and Extras”
Easily manage and record the
“Options & Extras” available
for all matters for off-the-plan
contracts
Connecting Lawyers and Developers on large-scale
property developments like never before!

19. Nicola Watkins
General Manager | Business Development
GlobalX
www.globalx.co
Thanks for your time
M: 07900 003 751
T: 0800 975 8080 fax: 029 2046 5872
E: nicola.watkins@globalx.co