More than 200 law firm leaders, technologists and academics discussed the future of technology and the legal profession at the Emerging Legal Technology Forum in Toronto on Wednesday. Experts from leading law firms and corporations such as Air Canada and Osler, Hoskins & Harcourt LLP discussed topics including the current state of technologies available to legal practitioners, and their associated ROI, and the potential for cognitive learning and other technologies to revolutionize legal practice.

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In the keynote address, Daniel Katz (left), associate law professor at the Illinois Institute of Technology Chicago-Kent College of Law – and fresh from his recent speaking duties at ILTACON 2016 – said that law firms need to capture and analyze their data in order to accurately map out their processes.

“As you begin to collect data, you find out there are steps in this process you don’t even have reflected in your process,” noted Katz, as reported by Canadian Lawyer magazine.

The event was produced by the Legal Executive Institute and MaRS LegalX, which is part of the MaRS Discovery District in Toronto, one of the world’s largest urban innovation hubs.