Legal Tech als Motor für die deutsche Wirtschaft – Eine qualitative Untersuchung über den Einflussfaktor der digitalisierten Rechtsdienstleistung auf unternehmerisches Handeln unter besonderer Berücksichtigung der Wirtschaftlichkeit bei deutschen Unternehmen

Globalisation and the associated networking of markets are increasing competitive pressure for companies. As a result, they are facing the challenge of responding quickly and cost-effectively to demand. Opening markets also increases the need for legal regulation in the context of entrepreneurial trade. As a result, companies must comply with more and more legal framework conditions to carry out their activities.

The regulations to be complied with must be implemented and adhered to in strategic decisions and operational business. Otherwise, sometimes high fines will have to be paid.

Small and medium-sized companies characterise Germany. Due to their corporate structure, these companies usually do not have their own legal department or legally trained specialists, so legal advice must be purchased cost-effectively and promptly. If the companies do not succeed in doing so, this can lead to a deterioration in profitability. Companies thus transfer competitive pressure to the legal sector, which must offer its services even more quickly and cost-effectively. Since human resources are limited in capacity, legal tech applications can be good support for meeting this challenge.

Legal tech is a young research area with little knowledge to date. The research focuses on analysing the effect of legal-tech applications on entrepreneurial actions and, thus, on the profitability of companies to fill the research gap.

The foundation of the work emerges from national and international data collection, being condensed by a qualitative study using legal and non-legal expert interviews. From this emerging overall picture, recommendations for action are derived for use that enables legal tech applications to be used with their advantages and mitigate disadvantages.

At the same time, the recommendations for action can improve the prerequisites for use. The recommendations for action developed can be implemented both individually and as an overall concept so that overall advantages can arise for the German economy.