If there is one sector in India that could do with technological disruption, it’s legal and judicial services. But while other sectors have witnessed increasing adoption of technology and automation — for instance there’s SAP for manufacturing, CRM for sales, etc — most Indian lawyers are still dependant on folders, hard disks, and flash drives.
According to the latest statistics obtained from National Judicial Data Grid, there were over 4.2 Mn cases pending across 24 high courts of India as on 4 February, 2018, with 49% of these cases being more than five years old.
A large number of these cases are corporate and economic ones, whose pendency reduces the ease of doing business and acts as a major barrier for investments to India. The Economic Survey 2017-18 emphasised on the importance of an effective, efficient, and expeditious contract enforcement regime for economic growth and development. Although India jumped to the 100th rank in the World Bank’s Ease of Doing Business Report 2018, it continues to lag behind in the enforcing contracts indicator at 164 out of 189 countries.
However, software penetration to ease the judiciary process is extremely low in India’s legal sector. Legal professionals have time and again felt the need for a technology-infused system to save litigants’ cost, time, and resources.
Parimal Chanchani, co-founder of legaltech startup PracticeLeague, says, “Over 70% of standardised work, or work that has been done earlier in legal departments, is being repeated in making contracts, agreements, etc.”
With an aim to disrupt the legal space, Chanchani, Praveen Kulkarni, and Shubhada Chanchani founded PracticeLeague, an artificial intelligence (AI)-enabled B2B legaltech startup, which provides a complete stack-based cloud model platform for law firms and enterprises.
“We have a complete stack-based cloud model to which law firms can subscribe. Once they sign up on our platform, they can upload relevant documents and files of cases they are undertaking and can maintain all the information related with the cases on the cloud,” explains Chanchani.