Fifty-two percent of law firm leaders responding to Altman Weil’s Law Firms in Transition Survey (PDF) said their equity partners are not sufficiently busy. Sixty-two percent said nonequity partners are not busy enough, and 25 percent said associates don’t have enough work. A summary is here; Bloomberg Big Law Business and the Am Law Daily (sub. req.) have stories.
Eighty-eight percent of the leaders said they have “chronically underperforming lawyers” at their firms. When asked why, 82 percent...
A new tool using International Business Machines Corp.'s Watson, notorious for defeating its human competitors on "Jeopardy" in 2011, is hard at work for in-house legal departments with the goal of significantly reducing outside counsel spend.
So far, use of "Outside Counsel Insights," or OCI, has been limited to legal departments in the financial services industry, according to Brian Kuhn, co-founder and leader of IBM Watson Legal. But with the potential to save as much as 30 percent on annual...
To practice mindfulness is to pay attention in a curious, deliberate, kind, and nonjudgmental way to life as it unfolds each moment. Mindfulness is currently very fashionable and has been so for sometime now in American business, education, media, medicine, popular culture, and sports. Many business, legal, and medical organizations are considering how mindfulness can help alleviate stress, improve productivity, reduce mistakes, and resolve conflicts. Many people from Hollywood, Silicon Valley, and Wall...
“The 2020s will be the decade of disruption,” says Professor Richard Susskind, co-author of The Future of the Professions: How Technology Will Transform the Work of Human Experts. He believes there is growing demand from executives who control corporate legal budgets to cut costs by taking advantage of the savings offered by technology. ...
So far, firms say, technology has not meant job losses. But Prof Susskind believes a wave of lay-offs is to come — law firms are still experimenting...
The San Antonio Bar Association has named June Morse Moynihan as its new executive director, the organization announced Tuesday.
Moynihan, who was serving as assistant executive director, has worked for the bar association for more than two years, previously serving as membership director and director of the San Antonio Bar Foundation.
“It’s an exciting change for the San Antonio Bar,” bar association President Bobby Barrera said in a press release. “The board and I are delighted to welcome...
The practice of law is going to look very different 15 years from now. The most routine legal work traditionally performed by human lawyers will likely be carried out by artificial intelligence (AI). In fact, some law firms have already employed robots to perform legal services and private companies are rapidly developing new artificial intelligence and data analytics tools for lawyers. I would like to introduce you to three examples.
Do Not Fear the Robots
Ross, Lex Machina and Kira are just...
Changing and emerging technologies are reshaping the justice system. First, and at the most basic level, technology can assist to inform, support and advise people involved in the justice system ('supportive technology'). Second, technology can replace functions and activities that were previously carried out by humans ('replacement technologies'). Finally, at a third level, technology can change that way that judges work and provide for very different forms of justice ('disruptive technology') that...