In response to the ever-increasing digitalization of the world, legal professionals are reevaluating their legal tech budgets to address the reality of ‘Digital Transformation Budgets’. This focus on digital transformation is expected, especially amidst the ongoing global pandemic that has compelled corporations and law firms to invest more in digital infrastructure.
A key figure in the legal tech arena, Olga V. Mack, a Fellow at CodeX, The Stanford Center for Legal Informatics, and a Generative AI Editor at law.MIT, is known for her profound commitment to legal innovation and the symbiosis of law and technology. Olga’s perspective on digital transformation is astute; foreseeing the legal profession to emerge stronger, resilient, and more inclusive than ever before by embracing technology.
Equally renowned for her role as a general counsel, operations professional, startup advisor, public speaker, adjunct professor, and entrepreneur, Mack is a relevant voice in discussions about the evolution of law in the face of digital transformation. Through her various publications, including but not limited to, Get on Board: Earning Your Ticket to a Corporate Board Seat, Fundamentals of Smart Contract Security, and Blockchain Value: Transforming Business Models, Society, and Communities, Olga reflects her far-reaching insights about legal technology.
As digital transformation reshapes the global economy, legal professionals must equip themselves with necessary knowledge and skills. As budget constraints may pose a challenge, more attention must be given on how to strategically allocate resources for digital transformation.
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