Sydney, Australia – The Legal Innovation & Tech Fest, taking place on 1st and 2nd May 2023 in Sydney, Australia, is set to explore the vast market opportunities offered by legal technology and how law firms in Australia can benefit from its adoption. With the legal tech market expected to reach $30 billion by 2026, the event will provide a platform for legal tech companies to showcase their solutions and engage with legal professionals.

According to recent reports, the Asia-Pacific region is expected to experience the highest growth in legal tech adoption, with a compound annual growth rate of 37.7% between 2020 and 2026. In Australia, law firms are increasingly recognising the benefits of legal technology, including increased efficiency, improved compliance, reduced costs, and better client outcomes.

“The adoption of legal technology is essential for law firms in Australia to remain competitive in today’s market,” says Rudi Kesic, CEO of Verify 365. “As a legal tech company, we understand the unique challenges faced by legal professionals and are committed to providing innovative solutions that help them overcome these challenges.”

Collaboration between legal tech companies is also crucial for driving innovation and meeting the evolving needs of the legal industry. “At Verify 365, we believe in collaboration and partnerships to create the best possible outcomes for our clients,” says Ardi Melikian, Director of Sydney office at Verify 365. “We are always looking for opportunities to work with other legal tech companies to develop comprehensive solutions that address the most pressing challenges faced by the legal industry.”

The Legal Innovation & Tech Fest provides an excellent opportunity for law firms to explore the latest legal tech solutions and engage with industry experts. With over 300 legal professionals in attendance, the event promises to be an essential platform for networking, knowledge-sharing, and discovering new market opportunities.

“We are excited to bring together legal professionals, legal tech companies, and industry experts to explore the transformative power of legal technology,” said Adam Beer from the Legal Innovation & Tech Fest team. “With a diverse range of speakers, exhibitors, and workshops, attendees will gain valuable insights into the latest trends and opportunities in legal tech.”

The event will feature a range of exhibitors showcasing the latest legal tech solutions, including digital onboarding, contract management, document automation, and AI-powered legal research. With two full days of content, the Legal Innovation & Tech Fest promises to be an essential event for legal professionals looking to stay ahead of the curve and capitalise on the vast market opportunities offered by legal technology. One such exhibitor is Verify 365, a leading legal tech company based in the UK that is bringing exciting new technologies to Australia.

Verify 365’s digital onboarding solution is revolutionising the way law firms verify their clients’ identities. The platform uses advanced AI and machine learning algorithms to verify documents and conduct identity checks in real-time, reducing the time and cost of onboarding while improving compliance and security.

“We are thrilled to be exhibiting at the Legal Innovation & Tech Fest and showcasing our cutting-edge solutions to the Australian legal community,” added Rudi. “We see tremendous potential in the Australian market and are committed to helping law firms adopt the latest legal tech solutions to improve their operations and better serve their clients.”

In addition to its digital onboarding solution and DynamicID risk management software, Verify 365 offers a range of other legal tech solutions, including advanced eSignatures with biometrics, instant ePayments, international KYB checks, and AI-powered digital identity (MyID). The company’s solutions are designed to help law firms increase efficiency, reduce costs, and improve client outcomes.

“We are passionate about using technology to drive innovation in the legal industry,” said Mev Dzihic, CTO at Verify 365. “By partnering with law firms and other legal tech companies, we aim to create a more integrated and efficient legal ecosystem that benefits everyone involved. The event promises to be an essential opportunity for attendees to discover new market opportunities, learn from industry leaders, and connect with peers.”

“We are excited to be a part of the Legal Innovation & Tech Fest and look forward to connecting with legal professionals in Australia,” said Azeem Rashid, CMO at Verify 365. “We believe that legal tech has the power to transform the legal industry and are committed to being at the forefront of this revolution.”

Don’t miss out on this opportunity to learn from industry leaders, connect with peers, and explore the latest legal tech solutions.

Register now at the event website:

https://www.legalfestival.com/welcome