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| Image [cc] William & Mary Law Library |
Niki Black, Jeff Brandt and some others have been having a Twitter dialog on the extent to which computers are currently able to replace lawyer functions. Part of the discussion centers around defining what is meant by replacing lawyers, which falls in to the old debate of
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| Image [cc] lightsight |
Although more than enough has been written about the impending demise of Dewey and the relative causes, I decided to go ahead and add my 2 cents to the dialog.
A recent blog post on the subject caught my eye. It made the assertion that, “Whether it’s Davis’s earlier “10-to-1″ spread, the
Based on some job ads we have recently seen, it appears Axiom is establishing a presence in Texas. Axiom, as you may recall, is an alternative provider of legal-type services and new breed of competitor to law firms. They have a very interesting business model and have been quite successful in other markets.
Texas firms
After seeing a recent seminar on legal industry stats, one stat jumped out at me. The stat was interesting not because it was new, but instead since it just keeps slowly trending in the same direction … down. The Stat: Productivity.
Productivity is essentially the number of hours billed per day per attorney. The ‘per
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| Image [cc] pzed |
In the prior segments of this series, we described litigation funding and looked at its impact on clients and firms. In this final segment, we look at the size of the market, explore some ethical pitfalls and finally, attempt to predict the future.
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| Image [cc] Images of Money |
In Part 1 of this series we looked at what litigation funding is and why clients might really like it. In Part 2, we examine the source of this funding and how it might impact law firms.