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
Legal Technology: Why the Legal Tech Boom is Just Getting Started — from nasdaq.com by Casey Flaherty and Jae Um of LexFusion; with thanks to Gabe Teninbaum for this resource via his Lawtomatic Newsletter, Issue #136
Excerpt:
In quick succession, legal technology finally saw its first IPOs:
With private money pouring into legal tech startups and based on our own conversations inside the industry, we at LexFusion expect more IPOs on the horizon. Thus, a primer on legal tech as a category to watch. This Part I summarizes the legal market fundamentals driving unprecedented investment in enabling tech—much of which extends beyond the boundaries implied by “legal” as a descriptor.
A pivot point appears to be upon us. Considered unthinkable a decade ago, US states and Canadian provinces—following similar reforms in the UK and Australia that have resulted in the first publicly traded law firms—are rapidly creating regulatory sandboxes to expand current rules limiting (a) who can provide legal services and (b) who can own those businesses.
From DSC:
One can see why #AI will become key. “…the projected CAGR for global data volumes is 26%—to pt where ‘the amount of data created over the next three years will be more than the data created over the past 30 years.’ This data explosion complicates even standard legal matters.”
Gabe also mentioned the following Tweet, which is relevant for this posting:
10 trends for legal technology in the 20’s according to @richardsusskind #BLTF2021 pic.twitter.com/a7MpqE8wYA
— Laura Fauqueur ?? (@laurafauq) October 12, 2021
Career Tracker: Virtual firms hit an industry milestone as hires continue — from reuters.com by Sara Merken & Arriana Mclymore
Virtual law firm FisherBroyles announced Tuesday that it has cracked the Am Law 200, saying it’s the first non-traditional, so-called distributed law firm to rank among the top 200 highest-grossing U.S. firms.
The 300-partner firm said its annual gross revenue reached $113 million in 2020, adding that in the last year alone it added 51 new partners “almost entirely from Am Law 100 and 200 ranked firms.” It cited the role of the pandemic, which upended expectations about remote work, in spurring its growth and accelerating the adoption of its mostly cloud-based approach to legal services.
Unbundled law firms find success offering virtual legal services — from abajournal.com by Lyle Moran; with thanks to Gabe Teninbaum for this resource
Excerpt (emphasis DSC):
The Law Shop by Skogerson McGinn in Van Meter, Iowa, provides unbundled legal services, which means it helps clients with specific legal tasks rather than assisting them with their entire cases or matters.
In the family law realm, its unbundled offerings include coaching self-represented litigants on filling out divorce forms and preparing child support worksheets.
By emphasizing this nontraditional approach, also known as limited-scope representation, The Law Shop has attracted inquiries from consumers across the state seeking affordable legal assistance.
How to Design a Hybrid Workplace — from nytimes.com
Excerpt:
But many companies have hatched a postpandemic plan in which employees return to the office for some of the time while mixing in more work from home than before. The appeal of this compromise is clear: Employers hope to give employees the flexibility and focus that come from working at home without sacrificing the in-person connections of the office.
From DSC:
There has been — and likely will continue to be — huge pressure and incentives put on companies like Cisco, Zoom, Microsoft, and others that develop the products and platforms to help people collaborate and communicate over a distance. It will be very interesting to see where these (and other) vendors, products, and platforms are 2-3 years from now! How far will we be down the XR-related routes?
How will those new ways of doing things impact telehealth? Telelegal? Virtual courts? Other?