Definition ∞ Legal tech refers to the application of technology and software to enhance legal services, processes, and the delivery of legal information. This domain encompasses tools for contract automation, legal research, e-discovery, and regulatory compliance. Its purpose is to improve efficiency, accuracy, and accessibility within the legal sector. Legal tech seeks to modernize traditional legal practices.
Context ∞ The intersection of legal tech with blockchain and digital assets is a rapidly growing area, particularly in automating compliance, managing digital identities, and codifying legal agreements into smart contracts. A key discussion involves the development of tools that can interpret and enforce on-chain agreements within traditional legal frameworks. Future advancements will likely see legal tech playing a pivotal role in creating hybrid legal systems that combine decentralized protocols with conventional legal oversight.
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