“Code is Law” – three famous words of Professor Lawrence Lessig back in 1999, when the Internet as the first important “cyberspace” emerged. This raised fundamental questions about how Code will impact our legal environment. Since then IT has further moved into our lives and now eventually reaches out to the legal profession. Major questions raised since then are still valid. Apart from fundamental questions how to effectively regulate Code, the legal profession needs to position itself: Shall we embrace IT, shall we avoid it, or just wait and see? Semantic tools demonstrate how close technology and the legal profession are – or could be.