Tech Report: Legaltech
Peer Reviewed
Date issued
Mar 2025
Subject
Artificial Intelligence;
Exponential Technology;
Disruptive Innovation;
Science and Technology;
Machine Learning;
Justice Administration;
Blockchain;
Digital Technology;
Automation;
Small Business
JEL code
O32 - Management of Technological Innovation and R&D;
O35 - Social Innovation;
O33 - Technological Change: Choices and Consequences • Diffusion Processes;
O38 - Government Policy
Category
Learning Materials
This report provides a comprehensive analysis of the impact of technology on the legal sector, with a focus on emerging solutions. It delves into the origins of legaltech, examines current trends, explores the Inter-American Development Bank (IDB) Group initiatives in this space, and evaluates the state of legaltech adoption in Latin America and the Caribbean. The report highlights opportunities for growth, identifies challenges, and offers practical recommendations and strategies to facilitate successful implementation and adoption of legaltech tools across the sector.
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