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In Part 4 of this series we discussed why firms avoid next generation technology and why that needs to change.
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In Part 3 of this series we talked about new competitors to law firms and some basic economics of law firms to get deeper in to the intense pressures on firms. Here we peeled back the layers of change driven from new technologies.
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In Part 2 of this series we covered the beginnings of major change in the legal market along with the initial responses from firms and lawyers.
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Part 1 of this series set the stage for the perfect economic storm, covering the forces pushing change in the legal market. Part 2 covers the first pain felt in the legal market and how firms have reacted.
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Like the series on Marketing 2.0, this series on Staying Relevant is taken from an article written for an upcoming presentation. In 1999 I gave another presentation called Staying Relevant which covered a range of technologies coming online which would significantly impact the legal profession. I suggested lawyers should embrace change
Balancing out my post this week on some less-than favorable news from Texas, I wanted to share some very good news from the Lone Star State.
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| Image [cc] Woody H1 |
Up-Front Disclosures: I volunteer for the Texas Access to Justice Commission (TAJC). Formerly, I worked with the Utah Access to Justice Planning Council and served as President of the Board of the Legal Aid Society of Salt Lake.
It’s one of those often overlooked economic rules: If you start a company and become successful, others will notice. Especially others with capital. In this case Practical Law Company (PLC) introduced a product/service a few years back and has been doing quite well with it. So much that apparently LexisNexis saw an opportunity and has
