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Amwelladmin (talk | contribs) (Created page with "{{a|tech|}} ===Why is reg tech so disappointing?=== - document assembly has been around for 20 years and it still doesn't work very well. It's capabilities are limited, it...") Tags: Mobile edit Mobile web edit |
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===Why is reg tech so disappointing?=== | ===Why is reg tech so disappointing?=== | ||
*[[Document assembly]] has been around for 20 years and it still doesn't work very well. | |||
:*It's capabilities are limited, it costs a lot (no one has figured out a sensible model) and it is difficult to implement. | |||
:*Few applications use clause libraries, there is no self - validating logic, few templates or pre-mades units. | |||
It is specified by [[IT folk]] who don't understand the business (legal) application, sold to (legal) [[user]]s who don't understand the technological benefits — is there any more dispositionally Luddite a professional than a [[Mediocre lawyer|lawyer]]? — and configured by people (inhouse COOs) who (a) don’t understand (that is, {{risk|fear}} the business application, (b) don’t trust (that is, {{risk|fear}} the legal [[user]]s; and (c) are motivated themselves to retain control of the process. | |||
The tech really isn't that clever in the first place. It is sold by big-talking<ref>[[blockchain]], [[chatbots]], [[AI]] - you know go you are. </ref> small-thinking, big-blagging startups who are faking it till they make it. '' If your [[reg tech]] was started by a guy who was an associate at Shearman it isn't going to be much chop''. I mean, is it? | The tech really isn't that clever in the first place. It is sold by big-talking<ref>[[blockchain]], [[chatbots]], [[AI]] - you know go you are. </ref> small-thinking, big-blagging startups who are faking it till they make it. '' If your [[reg tech]] was started by a guy who was an associate at Shearman it isn't going to be much chop''. I mean, is it? |