INSIGHT: Permanent verification — the best blockchain use case for lawyers — from news.bloomberglaw.com by Holly Urban
Excerpt:
In the legal sphere, many articles have addressed the ways blockchain systems can be used for “smart contracts,” financial transactions like with Bitcoin or Facebook’s Libra, or other more complex scenarios.
However, a frequently overlooked use case for blockchain in the legal industry is actually much more commonplace—the ability to use blockchain technology as a means to allow permanent verification of legally significant documents and data.
Using blockchain technology, lawyers can prevent fraud, alteration, or forgery of documents, contracts and other legal instruments, copyrighted materials, photographic or video evidence, and much more.
Traditional document verification methods relied almost exclusively on the slow, costly, and insecure use of third party verifiers. The advent of blockchain technology is primed to make these outmoded verification methods a thing of the past.
TECHREPORT 2019: Practice Management — from lawtechnologytoday.org by Alexander Paykin
Excerpt (emphasis DSC):
The American Bar Association’s Legal Technology Resource Center surveyed a sample size of 53,252 attorneys regarding the technology and software both available and utilized in their firms. This TECHREPORT analyzes both the responses of these attorneys on a variety of technological developments and changes occurring in the legal industry and the existing trepidation to adopt certain technologies.
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The world continues to shift towards a more technological focus, while the legal industry has not followed suit in many aspects. The use of practice management systems has not seen any real growth throughout the last four years despite high satisfaction ratings. There still remains a need for an all-inclusive practice management system that would not require firms to purchase a variety of different programs for specific tasks, and the switching costs of practice management systems remain a concern for many firms—particularly solo and large firms.
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Overall, technology continues to be developed for the legal industry in abundance, however, in many sectors of the industry, various sized firms are hesitant to adopt these advancements, leading to steady or declining growth rates for much of these technologies. The size of the firm also has a large influence on the technologies a firm may adopt, and this makes it hard to predict what technologies may appeal to what firms.
Most law technology is still fairly new, and it has quite far to go before being developed enough to displace traditional ways of accomplishing tasks that many firms value now. There still exists a desire for more and newer technologies that will make this switch easier, and without the feasibility to switch to these software programs more efficiently and effectively, the legal industry will still wait to adapt to the evolving technological world around us.
Fill up on Legal Podcasts — from abovethelaw.com by Legal Talk Network
Bring productivity and entertainment to the table this Thanksgiving.
Excerpt:
If you’re looking for tips on handling stress in the profession, tune in for candid conversations about addiction and stress. Or if you’re interested in different kinds of system reform, tune in to hear about the experiences of lawyers fighting for death row and criminal justice reform. Or if you’re curious about current events, catch the funny and thoughtful takes of other legal professionals as they share their two cents. So while you sweat over the oven, pull up Legal Talk Network on your favorite podcast app and enjoy informational and engaging legal content designed with the busy lawyer in mind.
From DSC:
Podcasts are another example of tapping into the “streams of content” that are ever flowing by us.
Design thinking for lawyers — from lawyerist.com by Marshall Licht
Excerpt (emphasis DSC):
Let’s face it: lawyers have a pretty spotty track record where innovation is concerned. We tend toward the secure, the risk-free, the known…the precedential. We shy from things we view as risky. “New” means “untested” and “untested” means “fraught.” And fraught is a nonstarter.
This propensity toward risk aversion arguably serves our clients reasonably well in the actual delivery of legal services. But it is a two-edged sword. It can simultaneously cripple us and our ability to reimagine how we practice law or how we build our law businesses to meet our clients’ ever-evolving needs.
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What is Design Thinking?
Design thinking is an ethos. An ideology. A worldview. It is also, ultimately, a perfectly replicable process aimed at applying long-established and fundamental design principles to the way we build businesses and the processes in them. It is a hands-on, user-focused way to relentlessly and incrementally innovate, sympathize, humanize, solve problems, and resolve issues. For our purposes, design thinking is how you intentionally craft your law business over time to deliver legal services simply, functionally, and beautifully.
Drones from CVS and Walgreens are finally here—and they’re bringing Band-Aids — from fastcompany.com by Ruth Reader
With UPS and Google sister company Wing as partners, the big pharmacies are starting to deliver pills, Cheez-Its, and first-aid supplies by drone.
From DSC:
Add those drones to the following amassing armies:
Per their website:
This database is built on a growing community of legal technology companies worldwide. Our Twitter stream gives you a real time glance of what the companies in our database are sharing.