A common refrain among AM Law 200 attorneys is that they have nothing to fear from alternative legal service providers because (1) “bet-the-company” work will always be the domain of top tier law firms and (2) their firms only do bet-the-company work. That argument is based on the following premises: Legal problems can be neatly […]
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Potomac Law Group is an innovative law firm that is leveraging its unique organizational structure and cloud-based technology to deliver high quality legal services to clients at a lower cost. I recently had the privilege of meeting with Potomac’s Chief Operating Officer, Marlene Laro, to discuss its business model. Potomac Law Group’s Business Model One of […]
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Lee Pacchia, a former Bloomberg reporter, recently founded Mimesis Law. It is a web-tv show that focuses exclusively on the business of law. Mimesis has already produced several high quality interviews that are well worth watching. I particularly enjoyed Mr. Pacchia’s interview with Mike McDevitt, the CEO for Tandem Legal Group. Mr. Pacchia: “Do you see this […]
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I am proud to announce that Disruptive Legal Innovations now has Google Glass. Google Glass will not, in and of itself, fundamentally change the practice or the business of law. But it will give rise to useful tools that make certain tasks associated with the practice of law easier and faster. Hopefully, I will be one of […]
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I recently read a wonderful law review article by Stephen Gillers, a professor at New York University School of Law, called A Profession, If You Can Keep It: How Information Technology and Fading Borders Are Reshaping The Law Marketplace and What We Should Do About It. In this article, Professor Gillers discusses the legal doctrines that […]
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The following comment inspired this blog post and helped me think of some new and convincing reasons why the billable hour will cease to be the predominant business model in the legal services industry within the next five to ten years: Who here can’t wait to leave this conference, run to their mail box, open and read through […]
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In this video, David Wilkins discusses what corporate clients expect from their outside law firms. It is required viewing for anyone that works in a large law firm. This presentation is based on a recently published white paper called Corporate Purchasing Project: How S&P 500 Companies Evaluate Outside Counsel. Unfortunately, a copy of the report […]
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Entrepreneurship Is The “New Black,” But Most Of Us Are Still Making Excuses I believe that most people, especially unemployed or disillusioned Millenials, now prefer high beta career opportunities to low beta career opportunities. But for many of us, our desire to boldly go where no person has gone before is usually replaced by fear and […]
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Stephen Wolfram explains why law students should be learning programming as well as computer science. His blog post is a must read. See Talking About Computational Future at SXSW 2013. “So we’re slowly moving toward people being educated in the kind of computational paradigm. Which is good, because the way I see it, computation is […]
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Narrative Science is a Chicago based company that makes a software program called Quill. What can Quill do? At bottom, Quill can analyze large amounts of data and write stories based on that data. Most importantly, it can do so without human input. “Quill applies complex and sophisticated artificial intelligence algorithms that extract the key […]
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