Innovation is taking place in many parts of the legal ecosystem these days. Yet, as relates to legal operations inside corporate legal departments, a refreshing community of practice is starting to unfold. The camaraderie and fellowship among practitioners,
For many of us, success is partially a function of being at the right place at the right time. Yet, this type of luck often has even larger second-order effects, such as the ability to see new and emerging business opportunities. Indeed, this is how I see the careers of Ian Nelson and Chris Wedgeworth, who were part of the sales team that helped Practical Law Company (PLC) enter and dominate the U.S. market.
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Several years ago, if someone asked me how to solve the U.S. access to justice problem, I would have replied, “more government funding, more generous philanthropy, and more pro bono hours from lawyers.” With these greater inputs, a lawyer would be available to every citizen needing to access the legal system. Almost as a reflex, I suspect a large number of my lawyer peers would have given the same answer.
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The graphic above is worksheet designed to aid the development and adoption of legal innovations. I created it for my “How Innovation Diffuses in the Legal Industry” courses at Bucerius and Northwestern Law (downloadable PDF available here). This past week, I had the opportunity to present it at LMA’s P3 Conference in Chicago.
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We are headlong into a period in which law schools, when considered as a whole, are working hard on innovation. This innovation pertains to the full gamut of law school operations and activities. This includes:
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The graphic above lists the law firms ranked most often in the Legal 500 2018. The longer the bar, the more the Legal 500 recognized a firm’s practice areas. Colored sections capture ranking counts within each of the six tiers, from the orange bar
On the outside chance that the afterlife involves a meeting with St. Peter at the Pearly gates, those working for the Lawyers Trust Fund of Illinois (LTF) will have good story to tell.
Innovators and early adopters come together to discuss human capital in the emerging one-to-many legal economy — a great opportunity for law students and career service professionals.
In Tomorrow’s Lawyers, Richard Susskind predicts the emergence of several new jobs for lawyers, including the legal knowledge engineer, the legal technologist, the legal hybrid, the legal
Elevate recently acquired five companies in less than three months. I’ve been asked: why those companies in particular, and why so many in such a short space of time? To answer those questions, I should first answer the deeper question of what is
