Business law firm Leman Solicitors' sister company LexTech has launched its  legal technology business, with the promise of streamlining legal and regulatory administration.

The LexTech system uses digitisation, automation and data capture and also delivers bespoke risk and contract management solutions to business clients.

Karl Manweiler, co-founder and managing director, commented: “Businesses operate in an increasingly regulated environment. GDPR, AML, health and safety, environmental, insurance and financial laws We have the technology solutions to accelerate compliance and make businesses more efficient.”

Leman partner and LexTech co-founder Larry Fenelon added: “LexTech is the first legal technology business developing technology tools to help businesses manage their legal processes as well as driving digitisation, automation and data capture in law.

“At least 40% of existing legal jobs are now vulnerable to automation. Lawyers will be displaced by LexTech services as the work we do merges legal and technology skillsets. We are filling the gap here in areas like contract management, incident reporting apps, live business insight reporting and e-conveyancing.

“As our business continues to thrive, we will be recruiting for the new legal jobs of the future. These will merge legal and technology skillsets. We are excited about our new technology offering and truly believe this is the future of law.”

Minister Josepha Madigan, who officiated at the launch, said: “Job displacements through automation is real but so are the jobs of the future. LexTech is the first legal technology provider in Ireland that is delivering real preventative law and risk management solutions through technology.”

Photo: Larry Fenelon (left), Josepha Madigan and Karl Mannweiber. (Pic: Iain White / Fennell Photography)