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Charlie Munger: “If you go to a little country like Estonia, the whole damn country is on the internet and it’s a very good idea.”

"If you go to a little country like Estonia, the whole damn country is on the internet and it’s a very good idea," Charlie Munger, an American billionaire investor and businessman, sometimes referred to as the right-hand man of Warren Buffett, said at 2021 Daily Journal Annual Meeting.

Munger talked about Estonia’s success when answering a question about Daily Journal’s SaaS Business at the company’s annual stockholders meeting. The software company called Journal Technologies is currently working on an e-Court system and offering case management systems to government agencies throughout the United States.

Thanks to fully automated court processes and electronic communication tools – the e-Justice solutions – Estonia has one of the most effective court systems in the world. The central information system – e-File – provides an overview of the different phases of criminal, misdemeanour, civil and administrative procedures, court adjudications, and procedural acts to all the parties involved, including the citizen.

The development of e-File was called to life by the Government of Estonia already in 2005, recognising the need to break down information silos, which functioned independently from each other. E-File was implemented by the Centre of Registers and Information Systems (RIK) who is still responsible for developing, administrating and maintaining the system today.

In 2006, the Court Information System (KIS) was launched, offering one information system for all types of court cases: Estonian courts of the 1st and 2nd instance and Supreme Court. KIS enables the registration of court cases, hearings and judgments, automatic allocation of cases to judges, creation of summons, publication of judgments on the official website and collection of metadata.

The latest generation KIS includes new classifiers based on courts’ needs, for example types of cases, categories of cases, and subcategories. As a tool for judges, the second generation KIS represents a valuable evolution, with searches based on phases of proceedings, issuing of reminders, and monitoring of the length of time spent on each phase.

Interested in investment opportunities in Estonia’s booming software sector? Read more here or request e-Consulting.

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What is it like to run a business in Estonia? How to benefit from the e-solutions and the efficiency of our business culture? What are the opportunities in specific sectors? Who to partner up with?

The Estonian Investment Agency’s team is happy to help you via its complimentary e-Consulting service, organize online or offline follow-up events such as virtual investment visits and guide you through the fairly simple process of investing in Estonia.

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