Exploring the intersection of technology, entrepreneurship & law
Legaltech and Entrepreneurship
A look at legaltech
The discussion on the applicability of artificial intelligence to the law (drafting, implementing, practicing, applying, researching, teaching) is almost 40 years old. Until recently, it remained mainly confined to the world of academia. Not anymore.
The massive improvements in computer processing power, an increasing competition within the legal sector, the digitalization of the economy and the arrival of younger generations of digital native professionals, are all factors that lead to the disruption in the legal sector.
This disruption not only impacts lawyers, law firms, public powers (legislative, executive and judiciary) and citizens but has a direct effect on legal education and the way it is taught and learned.
Technology today allows legal professionals to go beyond the legal sphere; it allows them to do their work more efficiently and provides opportunities for disruptive innovators to create value by doing things differently. This new reality demands a new breed of lawyers who can adapt to this new paradigm, understand the application of technology and the impact it has in the legal sphere.
IE Law School recognizes the massive challenges involved as well as the enormous opportunities that lie ahead to harness the power of technology to improve legal education, legal practice, and legal systems. This revolution calls for critical analysis of the potential and limitations of technology as it impacts the law.
To succeed lawyers must be customer oriented, well-versed in management and strategy, tech-savvy and innovative, skills that law schools traditionally don´t offer their students. At IE Law School, we not only offer our community a unique way of approaching the law but we also find the answers and rise to the challenges and opportunities we encounter in this new legal landscape every day.
Discover the latest news in Legaltech & Entrepreneurship
Decision makers drown in information but are thirsty for actionable intelligence
IE Law School alumni, Dr. Murat Ünal, shares his thoughts on how we can use technology to free up our true potential and intelligence. “It is this ...
Artificial intelligence, big data, deep learning, machine learning (supervised or unsupervised), are all buzzwords we are confronted with on a daily basis and reflect the hype that we are currently experiencing. A bubble, that correlates highly with the low-interest rate and easy money environment, in which investors are desperately looking for ways to generate higher returns and thus become susceptible to such concepts.
The reality is that there is no real artificial intelligence yet, and that the solutions we see can nicely be sorted into the “narrow AI” space used to identify patterns by learning from inputs to generate respective outputs or employed to identify insights from unstructured data. In many instances teaching those systems, such as in machine learning, requires tremendous manual work before they become more efficient and serve their purpose, a point that is generally discarded to give users the impression that they will profit from day one by using respective solutions. The best systems furthermore will always rely on solid data, and conventional wisdom like garbage in and garbage out hold even true for the brave new world of AI, big data, and network science. Furthermore, they will rely on the people involved who play a crucial role in developing those systems but also infer the right conclusions.
28 Nov 2017Legaltech and Entrepreneurship
Spotahome, a startup co-founded by IE Law alumni, raises €13.6M
The IE alumni startup has closed €13.6 million in Series A backing, making a total raised of more than €21 million raised since the company was ...
19 Oct 2017Legaltech and Entrepreneurship, News
A conference about technology and law hosted by IEU students
Last Thursday the IEU Law Society hosted a conference about… the future! A wonderful panel of top experts in the field joined to discuss how ...
10 Oct 2017Legaltech and Entrepreneurship, Students Experience
What is AI and why and how is it relevant for the law? Thoughts from Daniel Martin Katz
On Thursday, May 18, IE Law School hosted ieLawX, an afternoon of discussions on the relationship between artificial intelligence (AI) and law. The ...
10 Jul 2017Legaltech and Entrepreneurship
Big Data and AI: A New Legal Sector
Can court rulings be accurately predicted? What are the benefits for lawyers and judges? Javier de Cendra, Dean of IE Law School, and Dan Martin Katz, a Professor at Chicago-Kent College of Law, examine the extent to which predictive analytics tools can be used to forecast court decisions today, and what skills tomorrow’s legal professionals will need to use them.
Main activities in legaltech
• Inserting digital skills and entrepreneurship across all our programmes, in cooperation with the IE School of Human Sciences and Technology.
• Creating specific tracks in technology and entrepreneurship for those students that want to go beyond the basics in order to lead the digital transformation of the sector.
• Launching entirely new, unique and very innovative programmes in legaltech, for interested professionals who want to transform the sector from within.
Collaboration with the industry
• A vertical called LawX, within the Innovation Farms at IE, works closely with corporations and law firms to help them address the challenges generated by technology in order to attract top talent and transform the ways in which they generate value for clients.
• IE Law School hosts the Secretariat of the Expansion Awards to excellence in legal practice, designing the award categories and the criteria to evaluate the candidates. IE participates in the Jury, composed by preeminent jurists from Spain. One category focuses precisely on innovation in the legal sector, and another one on entrepreneurship.
• IE Law School leaders are active and participate in conferences, seminars and roundtables discussing the impacts of technology in the legal world.
Collaboration with the legal education community
IE Law School hosts the presidency of the Law Schools Global League. In this context, it has designed and executed LAWARDS, a new award on tech-based innovation in the legal sector to recognize outstanding entrepreneurs that have devised solutions to improve access to justice, with a particular focus in developing countries. Also within the LSGL, IE Law School is involved on research in the legal implications of emerging technologies, and a book has been published by Edward Elgar capturing the work done by the working group on technology and the law.
DISCOVER IE LAWX
Every year IE Law School organizes IE LawX, a global conference that explores the challenges and potentials brought about by technology as well as the solutions developed by lawyers, policy makers, and academia. The last edition of IE LawX was organized in collaboration with the Stanford Center for Legal Informatics, CodeX, and focused on Artificial Intelligence and the Law.
Programs in Legaltech & Entrepreneurship
Whether you are an experienced professional or a recent graduate wanting to explore legaltech, find the program format that best suits your career objectives.
This program is designed to respond to the challenges legal counselors face in the new digital and global economy. Students will acquire the necessary skills and knowledge to advise start-ups, entrepreneurs, investment banks, accelerators, etc.Know more about this program
This 5-day program taking place in Silicon Valley is designed to teach best business & legal practices to lawyers and entrepreneurs, to meet current and future challenges as a team.Learn more about this executive program
This cutting-edge program is designed to empower lawyers to think outside the box and provides complete academic and professional training in law and technology at IE Law School in Madrid and IDC Radzyner Law School in Israel.Learn more about this program
Our Legal Tech & Startups MOOC offered in Coursera and imparted by Marti Manent, prepares students to launch a startup in the legal tech industry. This online program offers “project-based” courses and hands-on exercises, encouraging participants to put into practice what they learned online.Learn more