Abstract

It is shown in the article that the modern foreign legal market actively implements a wide range of Legal Tech directions for optimization and improvement of legal services. Attention is drawn to the benefits of using this innovative approach and the role of machine learning in Legal Tech. It is argued that Legal Tech implementation has a number of obstacles that relate to both the typical problems of startups and those related to state policy, sources of financing and security considerations. The approach on how these problems could be solved is analyzed along with the interaction between the state and private sector, cyber security challenges, legal tech processes and legal education understanding is provided.

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