Five technological advantages to win a class action lawsuit
The digital transformation has come hand in hand with the change in the way lawyers work and how they manage information in law firms. Technology offers the opportunity to organize the client portfolio more securely, optimizing the processes necessary for the legal team to design the best strategy that will lead to success.
LegalTech not only offers benefits to law firms individually, but also collectively when common interests are the priority. When filing a joint lawsuit, the plaintiffs' representatives must work together to win.
There are advantages or keys that allow technology to transform legal services to make them more efficient in cases like these, in which it is necessary to work with a large volume of information and documents.
Web technology allows attorneys and clients to interact, collaborate, and exchange information. A tool that enables legal professionals to have a fixed space for document communication and collaboration in which to carry out functions, such as data exchange, confidentially and quickly.
With document automation, the efficiency in the preparation of documents increases, reducing the time of the tasks. Which in turn will translate into higher billing for offices, since the optimization of tasks and resource savings in document management will allow them to serve more customers.
Real time access
Sharing documents, data, a space on the network between several people or departments allows them the opportunity to be connected at any time and interact to solve any problem or clear up any issues that arise. Interacting with the documentation of each claim and having real-time access to its status is a great advantage, as long as it is carried out in a secure manner.
Great management capacity
To use the technologies to extract and collect data, machine learning can be used on scanned documents and, in parallel, robotic process automation applications in various formats. The use of artificial intelligence with specific algorithms and autonomic learning allows data to be associated with requirements. In this way, a database will be created with a great capacity to collect, manage and analyze documents that allows lawyers to access information quickly and accurately.
The digital transformation allows legal professionals to be able to devise a clear strategy that is consistent with the purpose they are pursuing. To do this, have an organized structure with tools that allow them to view a high volume of data, as well as the status of cases. With this information they will be able to prepare statistics and reports to determine if the strategy they have defined is adjusted to the result they hope to achieve.