What should the law firm of the future look like? With all the change underway, all the unmet needs of the market, and all the opportunities the market presents, what is the optimal model?
This is a commonly discussed topic in seminars, bar meetings, and academic settings. It should also be a central question in law firm management meetings and among in-house counsel as they consider which law firms to hire. Read More
Originally published for Thomson Reuters Legal Executive Institute on March 24, 2015
How exactly will technology change the way legal service is delivered?
Nearly everyone in law accepts that great change is underway, and that it is driven significantly by technology. But, there is less clarity about how the change will proceed.
Some see technology touching nearly every facet of legal service. Others see it as largely about communication and processing information.
Some see technology as an ally of the lawyer that will enable better client service and make careers more rewarding. Others see it as a potential threat to professionalism.
Some think change is proceeding at a snail’s pace. Others think it is moving like a freight train.
It is easy to analogize the future of legal tech to the way technology has dramatically changed our lives in other respects—Apple, Google, Facebook—but harder to anticipate the specifics, even the categories of change that lie ahead.
In Legal Technology 3.0, Oliver Goodenough, Professor of Law and Director of the Center for Legal Innovation at the Vermont Law School, recently provided a valuable construct for thinking about the future of legal technology. Borrowing from Internet nomenclature, Prof. Goodenough staked out three places on a spectrum of the evolution of legal technology: Legal Tech 1.0, 2.0 and 3.0. Each segment involves a distinctly different relationship between technology and legal service. Read More