What happened in the legal tech job market this year?…What is likely to happen next year?
We continue our peer inside the legal tech job market and look at what’s hot, and what’s not, as we look forward to the coming year.
Potential Growth:
Increased adoption of legal tech: As businesses and legal professionals recognise the efficiency and cost-saving benefits of legal tech solutions, adoption is expected to grow across Africa. This could create demand for skilled professionals to develop, implement, and support these technologies.
Focus on emerging areas: Legal tech is constantly evolving, with new areas like AI-powered legal research, blockchain-based document management, and automated contract review gaining traction. Expertise in these areas could be highly sought-after in 2024.
Rise of regional hubs: Countries like Nigeria, Kenya, and South Africa are already establishing themselves as legal tech hubs in Africa. This could attract talent and investment, further boosting the job market.
Challenges to Consider:
Access to technology and infrastructure: Uneven access to technology and reliable internet infrastructure across different African regions could hinder the widespread adoption of legal tech, impacting job creation.
Skill gap: While the demand for legal tech skills is increasing, there may be a gap between the skills available in the workforce and the specific needs of the industry. This could create challenges for both employers and job seekers.
Regulatory environment: The legal and regulatory landscape surrounding legal tech is still evolving in many African countries. This could create uncertainty for businesses and investors, potentially impacting job growth.
Overall, the African legal tech job market in 2024 will likely see continued growth, driven by increased adoption of legal tech solutions and the emergence of regional hubs. However, challenges like access to technology, skill gaps, and the regulatory environment must be addressed for the market to reach its full potential.
The GRM Group (www.thegrmgroup.com) wishes to thank every GoLegal subscriber and reader for their support in 2023 and here’s to a great 2024.