The use of automated technology for conducting business activities has significantly increased in every industry, but the legal sector in India is yet to catch up with rampant digitization. However, the Indian Government’s Digital India Act is moving the legal industry closer to a more tech-integrated future.
Speaking on the step taken forward for Digitalization, Mr. Parimal Chanchani, Co-Founder PracticeLeague Legaltech, said, “The Digital India Act is expected to improve data privacy laws in India and help in creating a framework that is in line with the current market requirements and trends. This act seems set to facilitate the electronic delivery and consumption of compliance and legal services – the market for such services and the professionals in it look set to benefit from the creation of a path-breaking set of rules and laws governing data privacy in India. This act will also help in expediting legal transformation in India. We at PracticeLeague Legaltech eagerly await this law as it is the need of the times.”
Talking about the current digital transformation initiatives, Praveen Kulkarni, Co-Founder PracticeLeague Legaltech, commented, “Digital India Act is expected to cover all the aspects of information protection, data privacy, blockchains, social media & OTT platforms. The act should complement the current digital transformation initiatives of Indian start-ups and companies. Further, the new act should come out along with the needed compliances and guidelines required for speedy implementation. It aims to provide stricter regulations toward information protection and data privacy. We expect it to consider building a framework for providing easy access to all public data including district courts, intellectual property data, FIRs, etc. through tech standard APIs which can accelerate legal digital transformation in India.”
With a vision to revolutionize the digital connection between business and legal operations, Practice League has successfully amplified the performance and competence of legal departments and law firms across sectors and has a range of many firsts to its credit. Practice League is the only Indian company to be recognized by Gartner in its ELM Market Guide for three consecutive years from 2019 to 2021. It is the first Indian Legaltech company to incorporate advanced Google Contract AI. It was also the first in India to use Blockchain in contracting.