TMT Law – Disruption or Opportunity for the Legal Sector

Morgan McKinley and Vacancysoft

July 2018

After a strong Q1 for European M&A, and with the new GDPR data regulations coming into action in May this year, we investigate how technology disruption, alongside economic and political drivers, may be influencing opportunities for lawyers in the UK.
Key findings include:

  • Growth areas for lawyers are in fact in sectors such as TMT as opposed to Law itself.
  • Some tech companies are seeing legal hiring up by 50% this year so far compared to 2017.
  • UK law firms are now investing into technology directly, and into technology firms to compete in the nascent ‘legal-tech’ industry.

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