Courts 2021 AWARD WINNER || American Legal Technology Awards 2021https://t.co/9GD2IhdwBS#legaltech #legal #A2J #society #emergingtechnologies #courts #Court #AccessToJustice
— Daniel Christian (he/him/his) (@dchristian5) November 4, 2021
From DSC:
For folks interested in pulse-checking the legal realm out there, below are three items from — or about — Clio this week:
- COVID-19’s Impact on the Legal Industry
- As Its Conference Kicks Off, Clio Announces Its ‘Most Important Product Release Ever’ (and More)
Addendum on 11/1/21:
- Clio Legal Trends Report Reveals How Clients Want to Communicate With Attorneys — from legaltechmonitor.com by
As Its Conference Kicks Off, Clio Announces Its ‘Most Important Product Release Ever’ (and More) — from lawsitesblog.com by Bob Ambrogi
Excerpt (emphasis DSC):
The Clio Cloud Conference is always the occasion for the law practice management company to announce new and enhanced products, and today’s kick-off of this year’s event was no different, with CEO Jack Newton unveiling what he described to me as the most important product release since Clio’s debut 13 years ago.
That product is Clio Payments, a native e-payments technology built into the Clio Manage law practice management platform, allowing lawyers to offer clients secure and compliant credit card, debit card and e-check payments.
More on Clio Payments below, but, in addition, Clio today also announced…
Profile of the Legal Profession — from the American Bar Association (ABA)
Excerpt from the Legal Education section:
After several years of declining enrollment in legal education, the number of students enrolled at law schools accredited by the American Bar Association increased in 2018, 2019 and 2020.
In 2020, the number of students pursuing a juris doctor degree hit 114,520 – the highest number since 2014. This represented an increase of 1,638 students (or 1.5%) over the previous year. Still, it was far below the high of 147,525 enrolled law school students in 2010.
Enrollment is growing faster for students in non-JD legal programs in law schools – for example, those seeking master of law degrees and certificates. In 2020, there were 21,292 students in these non-JD programs – a 78% increase from 11,973 non-JD students in 2014.
For 2020, there were 63,384 law school applicants, 44,115 of whom were accepted to at least one school, according to the Law School Admission Council.
From DSC:
The articles below made me wonder…what will lawyers, judges, and legislators need to know about Bitcoin, Ethereum, and other cryptocurrencies? (#EmergingTechnologies)
- Bitcoin Is Boosting Cryptocurrency Firms’ Market Cap, Leaving Apple In the Dust — from interestingengineering.com by Ameya Paleja
Money is changing. - Bitcoin: Who owns it, who mines it, who’s breaking the law — from mitsloan.mit.edu by Betsy Vereckey
The Metaverse is Taking Over the Physical World — from interestingengineering.com by Rupendra Brahambhatt; with thanks to Dan Lejerskar for this resource
The virtual world is expanding with real world avatars and digital economy.
Excerpt:
The advent of AR, blockchain, and VR devices in the last few years has sparked the development of the metaverse. Moreover, the unprecedented growth of highly advanced technologies in the gaming industry, which offer immersive gameplay experiences, not only provides us a glimpse of how the metaverse would look like but also indicates that we are closer than ever to experience a virtual world of our own.
What is the metaverse?
Source: Kelvin Han/Unsplash
A metaverse is a group of persistent, shared 3D virtual environments where you (in the form of your digital avatar) can visit places, shop for products, subscribe to services, work with your colleagues, play games, and even customize the scenes around you to meet your personal tastes and requirements, and the digital assets you own. So essentially, a metaverse is a virtual world or worlds, that would allow you to go inside the digital world — to be in rather than on the digital space.
From DSC:
Again I wonder….on the legal side of things…how will this impact what lawyers, judges, legislators, general counsels, and more need to know? Along these lines see:
- What Skills Do Lawyers Need to Excel in a New Era of Business? — from jdsupra.com
To do this well, legal department heads and the lawyers and professionals in the department will have to learn, and practice, some new skills: embracing technology, project management, change management, and adaptability.
…
The first, and likely most obvious, skill an attorney needs in a rapidly evolving business environment is a firm grasp on existing and emerging technology. There are two important categories of technology to consider—the first is legal technology and the second is broader technology trends.
The Disruption Of Legal Services Is Here — from forbes.com by John Arsneault
Excerpt:
For the first time in those 12 years, I am now convinced we are on the precipice of the promised disruption in legal. Not because anyone in the law firms are driving toward this — but because venture capital and tech innovators have finally turned their attention to the industry.
Legal services are a much smaller overall market than, say, retail, financial services or biotech. In the world of disruption and the promised gold rush for the companies that do the disrupting, size matters. Legal has just been low on the industry list. Its number is now up.
It’s easy to Monday morning quarterback that industry now. Easy to see how big of a threat Amazon was to those companies. But when you are being rewarded for doing what you have always done and what your predecessors always did, it’s easy to miss what is around the bend. By the time those companies’ executives realized Amazon was a direct competitor with a much better fulfillment model, it was too late.
Legal Tech’s Predictions for Legal Technology Innovation in 2022 — from legalreader.com by Smith Johnes
Excerpts:
- By 2024, non-lawyer workers will replace 20% of generalist lawyers in legal departments.
- Legal departments will have automated half of legal work connected to big corporate transactions by 2024.
- Legal departments will triple their investment in legal technology by 2025.
From DSC:
What are the ramifications for law schools and legal departments if these legal tech-related predictions come true?
[CA] State Bar Proposes Allowing “Paraprofessionals” to Practice Law — from acbanet.org by Tiela Chalmers
Excerpt (emphasis DSC):
The [CA] State Bar currently has committees working on two proposals that would, if approved, have huge impact on the legal profession. Both committees are working on amending the legal regulatory system to address ways to expand the resources available to those needing legal help. One committee is looking particularly at tech solutions, including permitting Artificial Intelligence solutions that would automate answers to legal questions. But this blog post will focus on the one that is farther along in development – permitting “paraprofessionals” to practice some types of law, with various restrictions.
Also see:
California Paraprofessional Program Working Group — from calbar.ca.gov
Excerpt:
The State Bar’s recently published California Justice Gap Study: Measuring the Unmet Civil Legal Needs of Californians, found that 55 percent of Californians experience at least one civil legal problem in their household each year, and Californians received no or inadequate legal help for 85 percent of these problems. A lack of knowledge about what constitutes a legal issue and concerns about legal costs lead many Californians to deal with problems on their own rather than seek legal help. A thoughtfully designed and appropriately regulated paraprofessionals program is an important component of the solution to the access to legal services crisis in California by expanding the pool of available and affordable legal service providers.