Fascinating law review article outlining the inevitable wave of disruption that is about to crash over the traditional legal service model.
“These new technologies will substantially shake up the legal profession, harming the economic prospects of many lawyers, but providing advantages to some others. Machines may actually aid two kinds of lawyers in particular. First, superstars in the profession will be more identifiable and will use technology to extend their reach. Second, lawyers who can change their practice or organization to take advantage of lower cost inputs made available by machines will be able to serve an expanding market of legal services for middle-class individuals and small businesses, meeting previously unfulfilled legal needs.”
A recommended read for anyone in legal services or those who consume them.
Also, and perhaps more importantly and usefully, it may serve as an outline for those entrepreneurial spirits that see opportunity rather than threats from such change.
Link to article here: https://www.evernote.com/shard/s190/sh/f4ef12f2-d7be-44d4-9704-cf4fdf7b1abe/2350dd8673b5815b106f30bca39df784
JARuppert
