On 10/15/2019,
in 21st century, career development, change, changing business models, dangers of the status quo, emerging technologies, game-changing environment, innovation, law schools, legal technologies, legislatures / government / legal, new business models, pace of change, professional development, society, tools, traditional / tradition, training / L&D, trends, United States, workplace,
by Daniel Christian
Priorities for new lawyers are changing. Can the legal industry keep up? — — from law.com by Annie Datesh, Natasha Allen, and Nicole Hatcher, Atrium
As the legal field continues to move forward, it is well-primed to place greater value on technological advancements, diverse leadership, and healthy work cultures over settling for the status quo.
Excerpts:
Yet the legal industry these lawyers are joining is evolving, and now increasingly hosts a new cohort of professionals—those shaped by technology and innovation, and who value diversity, mentorship, and efficiency over homogeneous workplaces with minimal coaching and exhausted capacities.
…
Amid a strengthening job market, why are jobs in a generally well-respected industry being looked over in favor of other industries? One reason could be the legal industry’s notorious lack of progressiveness. The industry’s technology landscape is one such area of slow growth; its lack of diversity is another.
The legal industry’s long-standing dismissal of technology, while slowly changing, is fairly well known. While legal technology holds enormous potential for law firms, the industry as a whole has been famously slow to adopt modern technologies or meaningfully innovate on the traditional law firm business model. Why? For smaller firms, money can be tight, and solutions can be expensive.
The good news is that the legal industry is slowly but surely becoming more receptive to the benefits of evolving its traditional approach to the business and practice of law. Legal technologies continue to offer increased efficiencies to law firms, should they elect to adopt them, and the call for diversity and other cultural improvements within firms and the legal industry more broadly is on the rise.
…
Those players in the legal industry who are able to recognize prevailing industry trends now will be in the best position to act on them.
An inserted graphic from DSC:
On 10/09/2019,
in 21st century, 24x7x365 access, business, career development, change, changing business models, cloud-based computing / apps / other cloud-related, collaboration, corporate / business world, Cost of legal services - including access, data related items, law schools, legal technologies, legislatures / government / legal, mobile technologies, new business models, technology (general), tools, trends, vendors, workplace,
by Daniel Christian
The Future Ready Lawyer — from Wolters Kluwer
Excerpts:
Leveraging technology as a strategic advantage is characteristics of high-performing businesses and professionals around the world. The same is true for the legal sector. Technology is a differentiator, and will become even more important as legal professionals recognize and leverage the unprecedented insights, capabilities and efficiencies that technology delivers. In addition, the emerging legal ecosystems will demand it, as tech-empowered players outside of the traditional legal profession continue to enter and disrupt the market.
From DSC:
It’s interesting to note how many times the words “technology” (205 times) and/or the word “technologies” (77 times) appear in that report.
On 10/07/2019,
in Amazon, business, career development, change, changing business models, corporate / business world, Cost of legal services - including access, emerging technologies, entrepreneurship, Google, law schools, legal technologies, legislatures / government / legal, new business models, platforms, technology (general), tools, workplace,
by Daniel Christian
Big money is betting on legal industry transformation — from forbes.com by Mark Cohen
Excerpts:
Law has been big business for decades, but only recently has significant venture capital, private equity, and entrepreneur money been pumped into the legal sector. Last year saw an eye-popping 718% increase in legal industry investment, and this year’s capital infusion through the third-quarter has already surpassed last year’s $1 billion total and could well double it. Capital is turbocharging customer-centric providers that are leveraging technology, process, new skillsets, and data to transform the legal function and the delivery of legal services.
…
Teaser alert: what’s to prevent Amazon, Google, or some other tech giant from entering the legal space, creating a global platform, injecting billions into infrastructure and talent, creating a global legal services hub that connects consumers with global legal delivery sources as never before imagined? Short answer: the inclination to do so.
Legal delivery has morphed into a three-legged stool supported by legal, technological, and business expertise.
On 10/01/2019,
in 21st century, Artificial Intelligence/Agents/LLMs/and Related, Blockchain, Canada, change, changing business models, emerging technologies, law schools, legislatures / government / legal, new business models, society,
by Daniel Christian
The rise of the lawyer — from law21.ca by Jordan Furlong
Per Jordan:
Earlier this year, I received an invitation to write the epilogue for a book called New Suits: Appetite for Disruption in the Legal World, by Michele DeStefano (founder of the groundbreaking Law Without Walls program based at the University of Miami Law School) and Guenther Dobrauz-Saldapenna (partner and leader of PwC Legal Switzerland and leader of PwC’s global legal tech efforts). New Suits is an enormously ambitious and illuminating exploration of the frontiers of technology-powered legal practice, especially for large enterprise clients and their outside counsel, and I highly recommend that you read it.
Of course, I’m no technology expert, and I felt supremely unqualified to say anything useful about the impact of blockchain, AI, RegTech, and so on. But I thought that lawyers who read New Suits, especially newly called lawyers or law students, might reach the end of the book feeling a little overwhelmed by the scale of change facing them, and wondering whether the legal world of the future would in any way resemble the one they had already entered — and if that world would need, want, or even welcome lawyers.
So I wrote what was essentially a message to those lawyers, to explain what all the forthcoming changes would mean for them, what the new legal world was going to demand of them, and what they should feel both empowered and required to demand in return. With the kind permission of the authors, and with a few small edits, here is that lengthy but heartfelt message.
So here’s what I’d very much like you to remember: What you do matters. Who you are matters. When you speak out, it has an impact. When you fall silent, that has an impact too. Do not let yourself get lost in the noise and complexity of the machine; do not lose sight of the primacy and power of true service; do not lose who you are, and who you could be, amid the upheaval and disruption to come. Out of this chaos, you can forge new meaning and greater purpose. Out of the end of one era in the legal profession’s history, you can launch the start of another.
Also see:
On 09/17/2019,
in 21st century, 24x7x365 access, adult learning, analytics, Artificial Intelligence/Agents/LLMs/and Related, career development, change, changing business models, cloud-based computing / apps / other cloud-related, CMS/LMS, collaboration, colleges, communities of practice, community colleges, consortiums, corporate universities / corporate training, cost of getting a degree, Cost of legal services - including access, credentialing, dangers of the status quo, Daniel S. Christian, digital learning, distance education, education, education technology, elearning, emerging technologies, future, future of higher education, game-changing environment, generational differences, global / globalization, heutagogy, higher education, homeschooling/homeschoolers, human-computer interaction (HCI), ideas, innovation, instructional design, intelligent systems, intelligent tutoring, internet, law schools, leadership, learning, learning agents, learning ecosystem, Learning from the Living [Class] Room, learning hubs & pods & microschooling, learning preferences, learning spaces, learning theories, lifelong learning, marketplaces, microlearning, mobile learning, MOOCs -- Massive Open Online Courses, more voice more choice more control, Natural Language Processing (NLP), new business models, new media literacies, online learning, online media, online tutoring, organizational change, pace of change, personalized/customized learning, platforms, reinvent, society, staying relevant, streams of content, student-related, surviving,
by Daniel Christian
DIY Mindset Reshaping Education — from campustechnology.com by Dian Schaffhauser
Excerpt:
A do-it-yourself mindset is changing the face of education worldwide, according to new survey results. Learners are “patching together” their education from a “menu of options,” including self-teaching, short courses and bootcamps, and they believe that self-service instruction will become even more prevalent for lifelong learning. In the United Sates specifically, 84 percent of people said learning would become even more self-service the older they get.
Among those who have needed to reskill in the last two years to continue doing their jobs, 42 percent found information online and taught themselves and 41 percent took a course or training offered by their employers, a professional association or bootcamp, compared to just 28 percent who pursued a professional certification program, 25 percent who enrolled in a university-level degree program or 12 percent who did nothing.
If people had to learn something new for their career quickly, they said they would be more likely turn to a short training program (47 percent), followed by access to a free resource such as YouTube, Lynda.com or Khan Academy (33 percent). A smaller share (20 percent) would head to an accredited university or college.
From DSC:
This is why the prediction from Thomas Frey carries weight and why I’ve been tracking a new learning platform for the 21st century. Given:
- The exponential pace of technological change occurring in many societies throughout the globe
- That emerging technologies are game-changers in many industries
- That people will need to learn about those emerging technologies and how to leverage/use them <– if they want to remain marketable/employed
- That people need to reinvent themselves quickly, efficiently, and cost-effectively
- That many people can’t afford the time nor the funding necessary these days to acquire a four-year higher ed degree
- That running new courses, programs, etc. through committees, faculty senates, etc. takes a great deal of time…and time is something we no longer have (given this new pace of change)
…there needs to be a new, up-to-date, highly responsive, inexpensive learning-related platform for the 21st century. I call this learning platform of the future, “Learning from the Living [Class] Room.” And while it requires subject matter experts / humans in significant ways, AI and other technologies will be embedded throughout such a platform.
“I’ve been predicting that by 2030 the largest company on the internet is going to be an education-based company that we haven’t heard of yet,” Frey, the senior futurist at the DaVinci Institute think tank, tells Business Insider.
— source
Addendum on 9/18/19:
- Education Startup Launches Online Courses for College Credit — from campustechnology.com by Sara Friedman
For $400 per course, students will be able to gain access to course videos that are cinematically filmed and taught by “some of the brightest minds in academia.” Outlier.org students will also have access to problem sets, one-on-one tutoring and assessments proctored through artificial intelligence.
On 09/06/2019,
in 21st century, 24x7x365 access, change, changing business models, collaboration, corporate / business world, future, law schools, legal technologies, legislatures / government / legal, new business models, organizational change, pace of change, platforms, reinvent, society, strategy, vision/possibilities,
by Daniel Christian
Digital workplaces are the future for the legal industry — from abovethelaw.com by James Lo
The speed of business is accelerating, and digital workplaces are answering the demand for a better way to work, by providing a single platform to manage content, people, and applications.
Excerpt:
The consumerisation of enterprise technology has led to an increasing expectation from lawyers, clients, and business users alike that the legal technology they are using in the workplace for collaboration, knowledge management, transaction management, and more should be as useful, intuitive, and user-friendly as what they are already using at home on a day-to-day basis.
Digital workplaces are answering the demand for a better way to work, by providing a single platform to manage content, people, and applications. As law firms review their technology strategy for the next three to five years, there is an opportunity to create digital workplaces that will match how lawyers will want to work in the future. Within a digital workplace, a lawyer will have access to relevant data and content, collaborate with both clients and colleagues, share knowledge, and solve problems, all in real-time, from anywhere.
At the same time, clients are expecting firms to be using data, artificial intelligence and other technologies to predict outcomes, reduce costs, improve transparency and ultimately add value.
On 08/03/2019,
in analytics, business, business side of he, corporate / business world, data related items, future, future of higher education, higher education, innovation, K-12 related, law schools, leadership, new business models, organizational change, pace of change, society, strategy, trends, vision/possibilities, workplace,
by Daniel Christian
How to do strategic planning like a futurist — from hbr.org by Amy Webb
Excerpt:
Nice, linear timelines offer a certain amount of assurance: that events can be preordained, chaos can be contained, and success can be plotted and guaranteed. Of course, the real world we all inhabit is a lot messier. Regulatory actions or natural disasters are wholly outside of your control, while other factors — workforce development, operations, new product ideas — are subject to layers of decisions made throughout your organization. As all those variables collide, they shape the horizon.
…
Chief strategy officers and those responsible for choosing the direction of their organizations are often asked to facilitate “visioning” meetings. This helps teams brainstorm ideas, but it isn’t a substitute for critical thinking about the future. Neither are the one-, three-, or five-year strategic plans that have become a staple within most organizations, though they are useful for addressing short-term operational goals. Deep uncertainty merits deep questions, and the answers aren’t necessarily tied to a fixed date in the future. Where do you want to have impact? What it will take to achieve success? How will the organization evolve to meet challenges on the horizon? These are the kinds of deep, foundational questions that are best addressed with long-term planning.
On 07/30/2019,
in 21st century, 3D, A/V -- audio/visual, adult learning, Artificial Intelligence/Agents/LLMs/and Related, assistive technologies, business, change, colleges, communications, communities of practice, community colleges, computer science, corporate / business world, corporate universities / corporate training, cost of getting a degree, Cost of legal services - including access, Daniel S. Christian, digital learning, disruption, education, education technology, elearning, emerging technologies, future, future of higher education, game-changing environment, global / globalization, higher education, homeschooling/homeschoolers, human-computer interaction (HCI), ideas, innovation, intelligent systems, intelligent tutoring, IT in HE, K-12 related, languages and translation, law schools, learning, learning ecosystem, Learning from the Living [Class] Room, Microsoft, Mixed Reality (MR), multimedia, new business models, online learning, online media, online tutoring, presentations, social learning / networks, society, teaching & learning, teaching online, technologies for your home, tools, training / L&D, user experience (UX), vendors, Virtual Reality (VR) / worlds / learning, virtual tutoring, vision/possibilities, voice recognition / voice enabled interfaces, web-based collaboration, webinars, workplace, XR - extended reality,
by Daniel Christian
DC: Holy smokes!!! How might this be applied to education/learning/training in the 21st century!?!
“What if neither distance nor language mattered? What if technology could help you be anywhere you need to be and speak any language? Using AI technology and holographic experiences this is possible, and it is revolutionary.”
Also see:
Microsoft has a wild hologram that translates HoloLens keynotes into Japanese — from theverge.com by
Azure and HoloLens combine for a hint at the future
Excerpt:
Microsoft has created a hologram that will transform someone into a digital speaker of another language. The software giant unveiled the technology during a keynote at the Microsoft Inspire partner conference [on 7/17/19] in Las Vegas. Microsoft recently scanned Julia White, a company executive for Azure, at a Mixed Reality capture studio to transform her into an exact hologram replica.
The digital version appeared onstage to translate the keynote into Japanese. Microsoft has used its Azure AI technologies and neural text-to-speech to make this possible. It works by taking recordings of White’s voice, in order to create a personalized voice signature, to make it sound like she’s speaking Japanese.
On 07/29/2019,
in 21st century, 24x7x365 access, Apple, emerging technologies, engineering, health, innovation, new business models, nursing,
by Daniel Christian
Is this the future of (low-cost) healthcare? — from computerworld.com by Johnny Evans
A Zipnostic pilot program in New York hints at how Apple tech could transform healthcare.
Excerpt:
The thing is, the home visit isn’t by a doctor but an onsite “care coordinator” equipped with a full set of professional testing equipment and direct video contact with the doctor.
The coordinator runs through tests using a high-resolution camera, ultrasound, EKG, glucometer, blood pressure, oximeter, and other state-of-the-art equipment, all of which is controlled using Zipnostic’s own apps.
Test data is made available to the real doctor at the end of the camera, who can take control of the testing procedure and provide an on-the-spot medical diagnosis based on real data.
The idea is that a diagnosis can be provided at around a fifteenth of the cost of a visit to the ER, and that the data driving the diagnosis can be much more accurate than you get from, say, a video chat using an app.
On 07/26/2019,
in adult learning, collaboration, colleges, community colleges, corporate / business world, corporate universities / corporate training, cost of getting a degree, digital learning, distance education, experimentation, higher education, ideas, innovation, internet, IT in HE, learning, learning ecosystem, Learning from the Living [Class] Room, liberal arts, lifelong learning, new business models, online learning, organizational change, platforms, psychology, reinvent, society, staying relevant, student-related, surviving, training / L&D, United States, universities, workplace,
by Daniel Christian
5 Years Since Starbucks Offered to Help Baristas Attend College, How Many Have Graduated? — from edsurge.com by Rebecca Koenig
Excerpts:
…nearly 3,000 Starbucks employees who have earned bachelor’s degrees online through the company-university partnership program.
The arrangement was possible logistically because Humberstone took her courses in business and environmental sustainability entirely online. And it was feasible financially because Starbucks and Arizona State University covered most of her tuition bill.
On 07/18/2019,
in 21st century, career development, change, changing business models, corporate / business world, corporate universities / corporate training, dangers of the status quo, Daniel S. Christian, future, game-changing environment, learning, learning ecosystem, Learning from the Living [Class] Room, legislatures / government / legal, lifelong learning, marketplaces, new business models, organizational change, pace of change, reinvent, staying relevant, surviving, trends, United States, workplace,
by Daniel Christian
The future of work in America — from mckinsey.com by Jacques Bughin, James Manyika. and Jonathan Woetzel | July 2019
Excerpts (emphasis DSC):
Local economies across the country have been on diverging trajectories for years, and ***they are entering the automation age from different starting points.*** Our view incorporates the current state of local labor markets as well as the jobs that could be lost and gained in the decade ahead.
The US labor market looks markedly different today than it did two decades ago. It has been reshaped by dramatic events like the Great Recession but also by a quieter ongoing evolution in the mix and location of jobs. In the decade ahead, the next wave of technology may accelerate the pace of change. Millions of jobs could be phased out even as new ones are created. More broadly, the day-to-day nature of work could change for nearly everyone as intelligent machines become fixtures in the American workplace.
…
The labor market could become even more polarized. Workers with a high school degree or less are four times as likely as those with a bachelor’s degree to be displaced by automation. Reflecting more limited access to education, Hispanic workers are most at risk of displacement, followed by African Americans. Jobs held by nearly 15 million workers ages 18–34 may be automated, so young people will need new career paths to gain an initial foothold in the working world. Roughly 11.5 million workers over age 50 could also be displaced and face the challenge of making late-career moves. The hollowing out of middle wage work could continue.
…
The future of work is not just about how many jobs could be lost and gained. Technology is altering the day-to-day mix of activities associated with more and more jobs over time. The occupational mix of the economy is changing, and the demand for skills is changing along with it. Employers will need to manage large-scale workforce transformations that could involve redefining business processes and workforce needs, retraining and moving some people into new roles, and creating programs for continuous learning. This could be an opportunity to upgrade jobs and make them more rewarding. The choices that employers make will ripple through the communities in which they operate.
The need for a next gen learning platform is quickly approaching us!
Either that, or colleges and universities better get FAR more
responsive/nimble, and focus FAR more on lifelong learning.
This is not a joke.
This is not just text on a web page.
This is a future that’s barreling at us at amazingly fast speeds.
A new chapter is coming at us quickly.