THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
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Transcript of THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
THE FUTURE OF LAWYERS
FROM DENIAL TO DISRUPTION
RICHARD SUSSKIND
2 May 2014@richardsusskind
3 old chestnuts
3 drivers3 developments
3 stages3 challenges
3 old chestnuts
automation vs innovation
3 drivers
more for lessliberalisationtechnology
more for less
decomposing
Multi-sourcing
1. in-sourcing2. de-lawyering3. relocating4. off-shoring5. outsourcing6. sub-contracting7. co-sourcing8. near-shoring
9. leasing10. home-sourcing11. open-sourcing12. crowd-sourcing13. computerising14. solo-sourcing15. KM-sourcing16. no-sourcing
13 disruptive legal technologies1. Automated document assembly2. Relentless connectivity3. Electronic legal marketplace4. E-learning5. Online legal guidance6. Legal open-sourcing7. Closed client communities 8. Workflow and project management9. Embedded legal knowledge10.Online dispute resolution (ODR)11.Intelligent legal search12.Big data13.AI-based problem solving
3 developments
exponential growthsmart systemssocial media
Moore’s Law
by 2020 and 2050
5 billion mobile phone subscriptions
1980s – rule-based expert systems
1990s – knowledge management
2000s – Google etc2010s – intelligent search, big data
2020s – 2nd generation AI
not modelled on brainsfuelled by brute force computing
‘big know-how’ as well as ‘big data’speech recognition
natural language processingperfect search
machine learningdeductive, inductive, analogical, lateral
inference
bespoke human service – exceptionalinteracting with systems as though human
diagnostic-advisoryplanning
document productionintelligent search
embeddedAI-enabled ODR
smart more than hard-wired,underpinned by communities of legal
experience
irrational rejectionism
communities of legal experience
there is no finishing line in IT
3 stages
3 challenges
for law firms
what parts of your work could be undertaken
differently – more quickly, cheaply,
efficiently, or to a higher quality - using
alternative methods of working?
for law schools
what are we training young lawyers to
become?
for clients
The Shareholder Test
[email protected]@richardsusskind