“Strategy is about folding the future back – it’s not about pushing the present forward!”

Vijay Govindarajan, keynote speaker
at today’s Law 2030 event;
also see the recording here

Law 2030

You can also find video of Day 1 here and Day 2 here.
The PowerPoint slides from each presenter are available at https://www.law2030.org.

From DSC:
The keynote at this morning’s Law 2030 event was done by Vijay Govindarajan, Coxe Distinguished Professor at Dartmouth College’s Tuck School of Business. Vijay offered up a great presentation that reminded me to:

  • THINK BIG!
  • Establish a sizable possibility gap!
  • Have unrealistic goals!
  • Don’t limit your future accomplishments with current expectations!
  • Strive to live to your potential!

His keynote made me think of this graphic from a while back:

We need to think big!

Below is one of the slides from his talk:

Also see the Law2030 hashtag over on Twitter.

 

From DSC:
The items below are meant for those involved with digital transformation, developing strategy, and keeping one’s organization thriving into the future.


Strategy in the Digital Revolution with Ryan McManus — from dukece.com; with thanks to Laura Goodrich for this resource out on Twitter

Description of webinar:
Today, every business is focused on digital transformation, yet most organizations are struggling to realize value from their efforts and investments. Less than 20% of business leaders believe their digital transformation efforts have been successful. With unprecedented access to data and technology, how is it that firms and their leaders are experiencing such disappointing results?

At the root of the problem is the disconnect between how leaders understand strategy and the new rules of the digital revolution. Most leaders haven’t been taught how to think about a world that is very different from the one which gave rise to popular strategic concepts, and as a result, they apply outdated strategy models and thinking to the new world, trying to squeeze the competitive realities of the digital revolution into linear, analog strategic planning concepts.

In this complimentary on-demand webinar, Ryan McManus, lecturer at Columbia University Business School and Duke Corporate Education, discusses the New Strategy Playbook, including:

  • The current state and evolution of the digital revolution, and what’s next
  • The four levels of digital strategy: how you can adapt your approach to win
  • Why traditional approaches to strategy have reached their limits
  • Implications for leadership development

Example slides:

Also see:

http://dialoguereview.com/how-to-think-strategically-in-2020/

 
 

It is high time to reform the rules that govern the practice of law — from legalservicestoday.com by Ralph Baxter

Excerpt:

Current regulations create a closed system
The current regulatory model has created a closed legal services system. It limits who can participate in legal services in two fundamental ways.

First, only those who undergo the time and expense of law school and become licensed as “lawyers” are permitted to deliver legal services. It is a crime for anyone to do work that falls within the deliberately vague definition of “the practice of law” unless they have a lawyer license.

Second, only lawyers are permitted to participate in the financial rewards of a law firm. Investment by others is forbidden, as is sharing profits within a law firm with personnel who are not lawyers.

The consequences of these limitations are clear and profound. The first limitation causes the cost of legal service to be much higher than it otherwise would be; it also causes the law firm workforce to have less diverse backgrounds (as other businesses have) resulting in less creativity and agility.

The second limitation limits the capital law firms can raise, which, in turn, makes it harder for them to invest in new processes and technologies. The most successful firms in this closed system command high enough fees that they can generate their own capital. The majority of firms, however, would benefit from greater access to capital. This is particularly acute for firms which serve individuals and small businesses; in these practices the economic stakes of matters are relatively small, warranting lower fees, making the need for outside capital even greater.

Also see:

 

Helping grads tell their story: The case for extended transcripts — from gettingsmart.com by Rebecca Midles

Excerpt:

What is an extended transcript?
An extended transcript supplements a traditional list of course credits and grades. It could be as simple as a one-page addendum to the official transcript that includes additional endorsements such as certifications, badges earned and scholarships awarded.

An extended transcript can also include critical competencies demonstrated. ACT has assessments for cross-cutting capabilities like information literacy, collaborative problem solving, thinking and metacognition, and studying and learning, as well as behavioral skills such as self-regulatory and interpersonal skills. Adding recognized measures of certified work-ready skills to a transcript can differentiate a candidate.

 

From DSC — and with a shout out to Brad Sousa for this resource:
For those involved with creating/enhancing learning spaces as they relate to pedagogies:

https://www.avisystems.com/higher-education-trends-part-one

How Has Technology Impacted Higher Education?
In part one of this three-part series, AVI Systems CTO Brad Sousa talks with Jeff Day, Founder of North of 10 Advisors, to discuss the key ways education and, specifically, pedagogy differs from 10, 5, even 3 years ago.

Discussion Topics

  • The impact of active learning and the introduction of the internet of things (IoT) in the classroom
  • Recommendations for deploying modern learning environments with technology partners
  • Classroom systems design, then and now
Some timestamps (roughly speaking)
  • 5:15 — changes in pedagogy
  • 7:15 or so — active learning
  • 15:30 design needs around active learning
  • 17:15 DE rooms and active learning — software-controlled platform
  • 21:30 — advice; look to outcomes & expectations that want to achieve/meet; uses cases

Media controller w/ intuitive interface to mimic the way someone teaches / way a classroom goes:

  • “Class start” — chaotic; mics on everywhere
  • “Lecture” — gates /mics closed and focus shifts to the professor
  • “Class interaction” — presents roster of who’s there (20:00 mark roughly)

Also see this introductory posting re: the implications of active learning in the higher ed market.

 

Legal technology, today and tomorrow: Don’t get left behind — from law.com by Jenn Betts
Staying on top of these developments is no longer enough to “future proof” your practice or your firm. It is imperative to look forward to avoid falling behind.

Excerpt:

Among other kinds of disruptive AI-powered tools already on the market are:

  • Artificial intelligence-enabled document review tools and platforms (which make review of discovery materials quicker and cheaper);
  • Artificial intelligence-enabled tools assisting organizations with selecting outside counsel (which promise more data-driven assessments of “fit” between the firm, client and case);
  • Artificial intelligence patent search engines (which make patent searching easier and more accurate); and
  • Artificial intelligence-powered systems delivering early-stage litigation services, such as drafting answers to complaints, discovery requests and responses, and litigation timelines (which decreases client costs and delivers greater efficiencies).

These tools raise interesting (and largely unanswered) practical and ethical issues relating to the scope of the practice of law, AI disclosure obligations to clients, confidentiality issues regarding client data and the necessity of independent judgment by attorneys.

The pace of development of AI and other advanced technologies is moving at an unprecedented pace.

From DSC:
I agree. The pace of change has changed. It’s now an exponential pace of change. This new pace is having an increasing impact on the legal industry.

 

Overcoming the challenges of large courses — from teachingprofessor.com by Maryellen Weimer

Excerpt:

The course redesign promotes students’ engagement with a student response system, peer instruction, and active learning strategies that get all students present involved in each day’s planned activity. The learning assistants tackle problems of anonymity. Each are assigned a group of students, and various means are used to connect students with their respective learning assistant. Learning assistants offer study sessions. Students also get email feedback on their exam scores, and those who are struggling are invited to meet with an instructor to develop improvement goals.

Large courses require special teaching skills; not every teacher has them. Those who do should be supported and rewarded for using them in this most challenging teaching situation. Students at the front end of a college experience deserve the best we can deliver, and often that’s not what they get.

 

Online tool will help ‘Spot’ legal issues that people face — from .pewtrusts.org
Artificial intelligence can boost non-lawyers’ ability to navigate civil court system

Excerpt:

People looking for information on legal questions often start their searches online, without a good handle on the terminology. Today’s machine learning tools can help put nonlegal phrasing into context, using artificial intelligence to match people’s situations with specific legal issues, supplying accurate information and connections to potential services.

A team at the Legal Innovation and Technology (LIT) Lab at Suffolk University Law School in Boston, with funding from The Pew Charitable Trusts, is building an application programming interface, or API—known as Spot—that can serve as a computerized issue spotter. Spot could be used by legal services websites and others to help lay users, and its functionality will improve as it accumulates more data and real-life examples.

 

What’s so bad about the billable hour? — from bloomberg.com by Arianne Cohen
John Chisholm says it leads to unethical behavior and runaway costs.

Excerpts:

What would force a change in the model?
The Big Four professional firms [Deloitte, PwC, Ernst & Young, and KPMG] have exponentially increased their legal services over the last few years. While those firms predominantly billed by the hour, their foray into other services such as consulting means they have experimented with other pricing models. One of the Big Four will change its pricing model before any global law firm, and all will follow.

How does someone at a firm start a conversation about billing for deliverables that actually mean something to clients?
Try saying, “Recording time is inaccurate and nontransparent, and no one values it. Our clients value projects completed on time, revenue, and new intellectual property.”

 

Optimal Video Length for Student Engagement — from blog.edx.org by Candace Hazlett and Philip Guo

Excerpt:

In this first post, I’ll share some preliminary results about video usage, obtained from initial analyses of a few edX math and science courses. Unsurprisingly, students engaged more with shorter videos. Traditional in-person lectures usually last an hour, but students have much shorter attention spans when watching educational videos online. The graph below shows median engagement times versus video length, aggregated over several million video watching sessions:

From DSC:
If you have access to a tool like Canvas Studio, then you can probably extend the length of your videos if you are interspersing your videos with a healthy dose of interactivity — i.e., inserting quiz questions every few minutes.

 

6 Ed Tech Trends to Watch in 2020 — from campustechnology.com by Rhea Kelly with:

  • Bridget Burns, Executive Director, University Innovation Alliance
  • James Frazee, Chief Academic Technology Officer and Associate VP, Instructional Technology Services, San Diego State University
  • Ernie Perez
    Director, Educational Technology, Digital Learning & Innovation, Boston University

This year’s top issues in education technology reflect the bigger picture of a student’s pathway from individual courses all the way to graduation and career.

Topics include:

1) Workforce Readiness
2) Artificial Intelligence and Chatbots
3) Extended Reality (XR)
4) Video and Accessibility
5) Predictive Analytics and Advising
6) Industry Partnerships

 
 

From DSC:
How’s this for your next gift for that person in your life who loves books!?! 🙂


The Bookwheel Allowed 16th-Century Scholars to Read Multiple Books at One Time — from interestingengineering.com by Trevor English
This contraption allowed engineers to read multiple books at the same time.

 

American Bar Assn. President criticizes U.S. legal system as backward, resistant to change — from forbes.com by Patricia Barnes

Excerpt (emphasis DSC):

Judy Perry Martinez, president of the American Bar Association (ABA), has issued an unusually frank plea calling upon the legal profession to support reform of America’s backward legal system to better serve the public.

“We need new ideas,” said Martinez. “We are one-fifth into the 21st century, yet we continue to rely on 20th-century processes, procedures and regulations. We need to retain 20th-century values but advance them using 21st-century approaches that can increase access to justice.”

Martinez’ comments are contained in a letter appearing in the February-March 2020 issue of the ABA’s monthly magazine, The ABA Journal.

Martinez expressed frustration with resistance in the legal profession to state-level efforts to innovate in the provision of legal services.

Martinez was particularly critical of the lack of access to civil justice in the United States. She cited the World Justice Project’s ranking of the U.S. in the bottom tier with respect to access to and affordability of civil justice. She said the U.S. is tied for 99th place out of 126 countries. Additionally, Martinez said research by the Legal Services Corp. found that low-income Americans received inadequate or no professional legal help for 86% of their civil legal problems, including child custody, debt collection, eviction and foreclosure. She did not spare the criminal justice system. In many states, Martinez says, “overwhelming caseloads and inadequate resources for public defenders severely hamper the Sixth Amendment right to counsel for indigent criminal defendants.

 

From DSC:
I congratulate Judy Perry Martinez for her stance here, as she’s ultimately fighting for our society — especially for access to justice. Though I don’t know Judy, I appreciate the courage that it must have taken to pen that letter.

 
© 2024 | Daniel Christian