IE Law School launches new Master in Legaltech and first open innovation ecosystem in legal technology in Spain
At Legaltech – Legal Week New York, IE Law School has announced the launch of its new Master in Legaltech and the IE Legaltech Innovation Farm, two disruptive initiatives that aim to address some of the biggest challenges facing organizations in the legal industry and promote deep innovation and tech talent within the sector.
To truly lead innovation in the sector, IE Law School is committed to reinventing legal education and training legal professionals who want to transform the sector from within. To do so, the School is undertaking a deep transformation of its academic portfolio by inserting courses on digital skills and entrepreneurship and launching entirely new programmes aimed at legal professionals who want to drive change in the sector.
The new Master in Legal Tech, a cutting-edge program designed to empower lawyers and professionals within the legal sector to master both technology for law and the law of technology, will take students to three of the most innovative legaltech ecosystems around the world: Madrid (IE Law School), Israel (IDC Radzyner Law School), and Silicon Valley, the world’s premier innovation hub.
In this context, the School has also announced the IE Legaltech Innovation Farm in collaboration with IE School of Humans Sciences and Technology. This disruptive global open innovation ecosystem will accelerate the development of technological solutions to address some of the biggest challenges facing organizations within the legal sector. This new venture was created with the mission of bringing together law firms, legal departments of corporations, technology providers and experts to accelerate the creation of tech-based solutions to the greatest challenges affecting legal actors and legal systems.
“Open innovation ecosystems linking up technology experts -e.g. experts in artificial intelligence, machine learning and big data, software providers, large corporations, entrepreneurs and investors have accelerated innovation across many sectors of the economy. We want to apply these tried and tested models to the legal sector. The goal is not just to innovate for its own sake, but rather to learn how technology can help lawyers, judges, lawmakers, and jurists in general improve the cause of justice worldwide”, explained Javier de Cendra, Dean of IE Law School.
IE Law School participated in Legaltech – Legalweek New York, the premier gathering for the Legal Industry to address the biggest challenges and issues facing legal professionals.
Some of the main key topics that will be discussed and covered in this disruptive “factory” are blockchain & smartcontracts, automatisation and standardisation of legal services, artificial intelligence & big data, advanced & smart data analytics, predictive analytics, cybersecurity, compliance bots, virtual and augmented reality, data visualization, bots and apps.