This growth is fuelled by the massive ongoing growth of Blockchain, AI, e-commerce and so much more! <\/p>\n\n\n\n
- According to Quince Market Insights<\/a>, the global blockchain in supply chain market has reached an estimated value of USD 375.6 million in 2021 and is projected to grow at a CAGR of 69.5% by 2030.<\/li><\/ul>\n\n\n\n
- Research by PwC and Gateway Digital<\/a> showed that, by mid-2018, 41% of law firms worldwide were using\/using\/ planning Blockchain Solutions for transactional legal services, 31% for high-value legal services and 21% for business support.<\/li><\/ul>\n\n\n\n
- According to Markets and Markets<\/a>, the global AI market value in 2021 is USD 58.3 billion and it is projected to grow at a CAGR of 38.7% to a whopping USD 309.6 billion by 2026!<\/li><\/ul>\n\n\n\n
- According to MarketWatch and Pacific Vector<\/a>, e-commerce penetration rates are projected to to rise from 15% in 2020 to 25% in 2025.<\/li><\/ul>\n\n\n\n
This stellar growth is leading to a massive upside for tech lawyers. Newer and newer job opportunities are rising for tech lawyers. <\/p>\n\n\n\n
An increasing number of law firms, including all top tier ones, are using technological solutions. Knowledge in Tech Law is thus not only useful but is an increasingly essential tool for your career-growth as a lawyer. <\/p>\n\n\n\n
It is not just a handful of tech-sectors like Blockchain, AI, IoT and B2B ecommerce that are seeing a massive growth rate. <\/p>\n\n\n\n
<\/figure><\/div>\n\n\n\n
REGISTER NOW<\/strong><\/a> for this FREE ONLINE 3-Day Bootcamp on Building an International Career on Technology Law, 26-28 June, 6-9 PM, IST<\/p>\n\n\n\n
Innovations have led to growing use of technology in more conventional sectors like finance, agriculture, energy, smart-cities, environment, e-governance, cyber-grievance-handling and so many more! <\/p>\n\n\n\n
Tech Legal Market Growth Prediction. (Source: Statista<\/a>)<\/figcaption><\/figure><\/div>\n\n\n\n Don\u2019t miss out on the breathtaking growth opportunities as a tech lawyer.<\/p>\n\n\n\n
Your prospects for career development as a lawyer in the technology industry are lucrative and multiple today! <\/p>\n\n\n\n
India has emerged as a market leader in fintech. 84% of the world\u2019s fintech absorption happens in India!<\/p>\n\n\n\n
Laws and legal systems are also catching up. For example, in India there are:<\/p>\n\n\n\n
- RBI Circular dated 06.04.2018 titled \u201cProhibition on dealing in Virtual Currencies\u201d prohibits crypto-transactions.<\/li><\/ul>\n\n\n\n
- RBI Notification, also dated 06.04.2018, titled \u201cStorage of Payment System Data\u201d and issued under the Payment and Settlement Systems Act, 2007 regulates payments systems <\/li><\/ul>\n\n\n\n
- RBI Directions, 2017 on P2P Lending Platform regulates P2P fintech<\/li><\/ul>\n\n\n\n
- Section 2(17) of the Integrated Goods and Services Tax Act, 2017, issued by GST Council of India, defines \u201ccloud computing\u201d<\/li><\/ul>\n\n\n\n
- Sections 2(16 and 2(17) of the Consumer Protection Act, 2019, defines \u201ce-commerce\u201d and \u201celectronic service provider\u201d respectively<\/li><\/ul>\n\n\n\n
- A multi-stakeholder task force, chaired by N Chandrasekharan, Chairman, Tata Sons, was set up in February 2018 on strategic implications of AI<\/li><\/ul>\n\n\n\n
As a result, fintech solutions based, e-commerce based and AI-tech companies are frantically looking for lawyers to regulate and grow their operations in the Indian market. <\/p>\n\n\n\n
This situation of high demand and low opportunity for tech law skills is being seen worldwide:<\/p>\n\n\n\n
- Like the RBI of India, the Federal Reserve of the USA is in broad charge of fintech regulations there.<\/li><\/ul>\n\n\n\n
- The data protection regime worldwide is governed by or modelled after GDPR passed by the EU in 2016<\/li><\/ul>\n\n\n\n
- 2019 was a clinching year for AI-regulations worldwide:<\/li><\/ul>\n\n\n\n
- The OECD Recommendations on AI were adopted in May 2019 <\/li>
- The G20 AI Principles were adopted in June 2019. <\/li>
- In September 2019 the World Economic Forum issued ten ‘AI Government Procurement Guidelines’.<\/li><\/ol>\n\n\n\n
The net result being, opportunities for technology lawyers are on the rise globally.<\/p>\n\n\n\n
Do you not want to make the most of this global growth? <\/p>\n\n\n\n
Join our FREE ONLINE 3-Day Bootcamp on Building an International Career in Technology Law, June 26-28, 2021 6-9 PM IST to learn how you can grow as a tech lawyer from industry-experts!<\/p>\n\n\n\n
Here, you will learn from the experts how you can acquire the requisite skills to be employed or engaged as a technology lawyer<\/p>\n\n\n\n
This bootcamp promises to be your ticket to professional success as a tech lawyer!<\/p>\n\n\n\n
And all these, in just 9 hours across 3 days! <\/p>\n\n\n\n
Don\u2019t miss this opportunity! <\/p>\n\n\n\n
REGISTER NOW<\/strong><\/a> <\/p>\n\n\n\n
Invite your friends, classmates and colleagues to the FREE 3-day online bootcamp on building an international career in technology law <\/strong>from 26-28 June 2021, 6-9pm IST by sharing this link: https:\/\/bit.ly\/2T2T9LA<\/a> <\/p>\n\n\n\n
Once registered we recommend you to add the bootcamp to your calendar. <\/p>\n\n\n\n
To receive regular updates on technology law directly on your phone join our WhatsApp and Telegram channel:<\/p>\n\n\n\n
WhatsApp: https:\/\/chat.whatsapp.com\/LhpTMbMGbXV42kg0llnQxi<\/a>
Telegram: https:\/\/t.me\/joinchat\/RoPKARepwkxwCQSN<\/a> <\/p>\n\n\n\nDo you want to know more about technology law<\/strong>? Check out our YouTube Playlist<\/a> which has some of our past webinars and workshops content on this topic.<\/p>\n\n\n\n
\n\n\n\nStudents of <\/em>Lawsikho courses<\/em><\/a> regularly produce writing assignments and work on practical exercises as a part of their coursework and develop themselves in real-life practical skills.<\/em><\/p>\n\n\n\n
LawSikho has created a telegram group for exchanging legal knowledge, referrals, and various opportunities. You can click on this link and join:<\/p>\n\n\n\n
https:\/\/t.me\/lawyerscommunity2<\/a><\/p>\n\n\n\n
Follow us on Instagram<\/a> and subscribe to our YouTube<\/a> channel for more amazing legal content.<\/p>\n","protected":false},"excerpt":{"rendered":"
Feeling the pandemic and lockdown blues? Feeling worried about your career prospects in the apparent global meltdown in today\u2019s market? What if we tell you, that much of the meltdown…<\/p>\n","protected":false},"author":8,"featured_media":582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13,11],"tags":[],"class_list":["post-712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-careers","category-featured"],"_links":{"self":[{"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/posts\/712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/comments?post=712"}],"version-history":[{"count":5,"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/posts\/712\/revisions"}],"predecessor-version":[{"id":1213,"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/posts\/712\/revisions\/1213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/media\/582"}],"wp:attachment":[{"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/media?parent=712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/categories?post=712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lawsikho-frontend-development.lawsikho.dev\/blog\/wp-json\/wp\/v2\/tags?post=712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- 2019 was a clinching year for AI-regulations worldwide:<\/li><\/ul>\n\n\n\n
- The data protection regime worldwide is governed by or modelled after GDPR passed by the EU in 2016<\/li><\/ul>\n\n\n\n
- Like the RBI of India, the Federal Reserve of the USA is in broad charge of fintech regulations there.<\/li><\/ul>\n\n\n\n
- A multi-stakeholder task force, chaired by N Chandrasekharan, Chairman, Tata Sons, was set up in February 2018 on strategic implications of AI<\/li><\/ul>\n\n\n\n
- Sections 2(16 and 2(17) of the Consumer Protection Act, 2019, defines \u201ce-commerce\u201d and \u201celectronic service provider\u201d respectively<\/li><\/ul>\n\n\n\n
- Section 2(17) of the Integrated Goods and Services Tax Act, 2017, issued by GST Council of India, defines \u201ccloud computing\u201d<\/li><\/ul>\n\n\n\n
- RBI Directions, 2017 on P2P Lending Platform regulates P2P fintech<\/li><\/ul>\n\n\n\n
- RBI Notification, also dated 06.04.2018, titled \u201cStorage of Payment System Data\u201d and issued under the Payment and Settlement Systems Act, 2007 regulates payments systems <\/li><\/ul>\n\n\n\n
- RBI Circular dated 06.04.2018 titled \u201cProhibition on dealing in Virtual Currencies\u201d prohibits crypto-transactions.<\/li><\/ul>\n\n\n\n
- According to MarketWatch and Pacific Vector<\/a>, e-commerce penetration rates are projected to to rise from 15% in 2020 to 25% in 2025.<\/li><\/ul>\n\n\n\n
- According to Markets and Markets<\/a>, the global AI market value in 2021 is USD 58.3 billion and it is projected to grow at a CAGR of 38.7% to a whopping USD 309.6 billion by 2026!<\/li><\/ul>\n\n\n\n
- Research by PwC and Gateway Digital<\/a> showed that, by mid-2018, 41% of law firms worldwide were using\/using\/ planning Blockchain Solutions for transactional legal services, 31% for high-value legal services and 21% for business support.<\/li><\/ul>\n\n\n\n
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