Here’s a snippet from a detailed piece by Forbes on how legal hacking is going global and a very high speed too. The part about the size of Brazil’s legal sector is very interesting indeed
Today, Legal Hackers chapters have spread to all continents and exist in 110 cities in the world. Every year, the community gathers more and more people from all over the world. Some countries have several chapters in different cities. For example, there are nine chapters in Brazil which are so active that the total number of participants is about 1,500. Brazil’s legal market is really huge. Brazil was ranked as the country with the largest number of lawyers in the world. With a population of 210 million people, they have one millionregistered lawyers. Also, there are more than a million law school students – the potential for automation and integration of legal innovations in this country is truly enormous.
As the Legal Hackers community was created in New York, the International Legal Hackers Summit, the main idea of which is the exchange of experience among local branches, is also held in the United States annually. They also discuss ideas for future community development. In total, in 2018, 85 people from different countries attended the International Legal Hackers Summit in New York.
Participants of the International Legal Hackers Summit are interacting with each other.ARCHIVE PHOTO VALENTIN PIVOVAROV
Talking about Europe, in May 2018, the Kyiv Legal Hackers team held the first European Legal Hackers Summit in history and gathered about 150 participants from 12 countries, who shared their international perspectives and ideas for legal tech development in their countries.
Real legal tech solutions that were created by Legal Hackers members:
During the first Eastern Europe LegalTech Hackathon in May 2017, a project was created called Pinky Solution which six months later was recognized as one the best legal innovation of the year by the version of The Hague Institute of Innovation in Law and received a grant for the development. It’s an online dispute resolution platform – its approach avoids judicial red tape and an additional waste of time and money for proceedings by using the advantages of e-commerce.
After attending the LegalTech Hackathon in May 2017, lawyers from Moscow created the Moscow Legal Hackers chapter. The project FastLaw was created at the Moscow LegalTech Hackathon in November 2017, took first place there, and became a member of the Skolkovo IT Cluster. FastLaw is a smart assistant that can help with small matters such as hiring employees and solving legal and accounting issues for the automation of standard business processes. Founders of FastLaw say that the conversion of paper documents into a machine-readable form for further analysis, and analysis of contracts for typical risks under compliance and due diligence are the most in demand
Read the full article at https://www.forbes.com/sites/valentinpivovarov/2018/11/07/legalhackers/#351415cf5d82
