Contract Insights

Is the legal profession immune to the rapid shifts defining the 21st century? Absolutely not. The very fabric of legal practice is being reshaped at an unprecedented pace. The role of legal professionals is undergoing a significant transformation in the 2020s, driven by technology, changing client expectations, and a shifting global landscape, demanding new skills and approaches to providing legal services. This post will explore the key drivers behind these changes, the new skill sets required for success, the evolving paradigms of service delivery, and the ethical considerations that must guide legal professionals into the future.

According to Gartner®: “by 2027, the global legal technology market will double in size because of GenAI — and legal leaders face growing pressure to respond."^[1] This projection underscores the rapid evolution of legal operations due to tools such as generative AI and agentic AI. Legal technology is no longer a far-fetched concept but a presently integrated part of the modern legal operations landscape. The key drivers behind this transformation include the increased complexities of legal work, an increased demand for efficiency as contract volume grows, and increased client expectations. But what does legal technology look like in 2025? This blog post provides a comprehensive overview of legal tech's impact on present and future legal professionals.

Did you remember to read all of our blog posts from April? Don't worry; we have outlined each of them for you. Stay up-to-date with industry topics, real-world case studies, and contract management software and procurement best practices in May by reading the latest CobbleStone^® content.

This recent executive order stresses the importance of artificial intelligence (AI) education for American youth. Understanding and leveraging AI properly is critical to preparing the next generation for the AI-driven economy and workforce. CobbleStone Software's VISDOM^® AI, contract artificial intelligence powered by machine learning, offers a unique and practical application of AI. CobbleStone Software's VISDOM+ generative AI presents exciting possibilities for shaping how future professionals interact with and utilize generative AI.