The legal landscape is an ever evolving phenomenon. By virtue of that the legal advisory industry is one that molds and evolves rapidly as the situation demands. A study by Mckinsey found that law firms weather downturns better than the overall economy does. While Covid 19 crisis wreaked havoc on the economy as a whole, the legal advisory space remained rather unaffected. The only distinction being that the industry swiftly moved to digital functioning.

Over the past few years, law firm across the world have been harnessing the power of modern technological innovations. This ingress of technology has truly transformed the legal framework. So when Covid 19 came knocking on our doors, technology adoption jumped manifolds in the legal world. All through 2020, law courts and legal firms worked remotely; there was also a shift in the traditional practices of law which was replaced by a more client-centric approach.

Technology has also helped bring in a host of other transformations. Tech trends such as artificial intelligence and analytics have been making their way into the legal industry bringing about a sea change in how firms function.

The legal tech sector has also witnessed immense growth over the last few years. Technology has been fulfilling various purposes, such as cost reduction of services, optimization of time tracking, document storage, making manual legal work easier, and elimination of security risks. There has been an upsurge in number of young firms developing software and solutions that are revolutionize the industry as a whole. Leveraging tech such as AI, cloud hosting, big data, or blockchain, these promising startups have been simplifying the complex world of law advisory.

The current edition of StartupCity brings to you 10 such young Turks that have been committed to restructuring the legal advisory industry in India.

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