Today’s post (219) is Part IV of #GreatExpectations for the #GreatReset, a 5-part series on
Markets have evolved dramatically over the centuries with the world moving from traditional markets like souks and bazaars to eCommerce. The differences in efficiency between the two are staggering with buyers and sellers now enjoying faster transaction cycle times, lower administrative costs, and, most important, greater value derived from their purchases and sales. A number of factors contribute to this development.
Continue Reading Competition based on better commercial contract terms (211)
NewLaw is not what you think it is. It is not a label to be applied only to new companies with trendy names. It is a business model that any legal services provider can, in theory, adopt. Cf. Post 055 (discussing clear evidence that “legal operations is a discipline” for buyers and sellers of legal services and thus not just a role within a legal department). But, while new companies built for it, others have to overcome how they created themselves in the first place.
Continue Reading Metrics of the NewLaw Model (206)
I am an accidental T-Shaped lawyer. See Post 043 (the intelligent design of future skilled legal professionals). I bring divergent perspectives to my practice because I trained as an engineer and an attorney. See Post 080 (discussing dual background). Both disciplines are knowledge work. And
I might have the most fun job in the legal profession. I help Microsoft’s legal department build the future of our practice of law leading a program we call “Modern Legal.” Modern Legal is a spin-off of my prior operations role focused on innovation. This post offers
Below is an excerpt of my forthcoming book, A Simple Guide to Legal Innovation (ABA 2020), which I am very excited to share with Legal Evolution readers.
Over the years I have had enough first-hand learnings about the challenges of trying something new that I wanted to pave the path for others to have an easier time. Specifically for law firm leaders, there is so much confusion on what corporate clients value and expect, coupled with sensational legal press, that it is no wonder there is disappointment and frustration on all sides.
Continue Reading The Simple Guide to Legal Innovation (133)
In this post, I tell an old Michael Lewis story that bears on the law. Remarkably, most of the insights come from a 15-year-old boy named Marcus Arnold, pictured above with Lewis circa 2001. I then review the U.K.’s journey to market liberalization, including the repeal of the British version of Model Rule 5.4.
Continue Reading Pyramids, Pancakes, and Rule 5.4 (106)
This week, we are fortunate to have a special guest contribution from Jason Moyse, a very talented legal innovator and entrepreneur based in Toronto. After cutting his teeth as a legal counsel and program manager at Xerox Canada, Jason has been an active participant in some North America’s and the UK’s most interesting and important legal innovation projects, including LawMade (principal), MDR Lab (advisory board), Trustbot (advisory board), CodeX (fellow), Elevate Services (Manager, Legal Business Solutions), and the MarS LegalX cluster team (industry lead).
In early June, Jason travelled to Redmond, Washington to serve as outsider chronicler of Microsoft’s Trusted Advisor Forum.
Continue Reading Guest contributor Jason Moyse (103)
I came to law from engineering. My previous training and trade create an outsider’s inside perspective on how we solve problems with the practice of
