By 2026 computers will not have replaced lawyers

In By 2026 computers will not have replaced lawyers Michael Mills makes a bold statement that “we can say with confidence that by 2026 computers will not have replaced lawyers, but they will have replaced a material chunk of what lawyers do today. To place a bet, I will wager 25%”.

Legal Market Embraces AI: Now Moving Beyond the Early Adopter Phase

Law, where are you headed?

Today’s contribution to Dialogue is by Dr Eva Bruch of Spain. We first met when Eva engaged as a co-author in the online conversation that became NewLaw New Rules, my e-book on the NewLaw phenomenon. I am delighted to welcome Eva to Dialogue, more especially as she is the first contributor from western Europe.

Remaking Law Firms: Why & How is a very welcome book

Remaking Law Firms: Why & How is a very welcome book writes Stephen Mayson in his blog. It is a timely re-examination of the law firm business model.

Why 82% of clients choose more expensive firms

‘Why 82% of clients choose more expensive firms’ written by Paul Hugh-Jones, my partner, explains a crucial piece of  empirical evidence about the buying behaviour of clients of larger law firms. Paul writes: “When beaton presents our beatonbenchmarks™ reports, the section about why clients appoint a more expensive law firm often gets the most attention, challenge and interest.

Of course, this doesn’t mean that 82% of corporate clients always choose a more expensive law firm, but it does mean that they are open to selecting firms based on demonstrated value rather than price.

Straight talk between corporate clients and their law firms: Inaction has consequences

Market change requires change in lawyer thinking

Law firms are paying more attention to, and investing more money in, business development, but many lawyers still aren’t sure why all this is happening and why they should do things differently. The answer: The legal service market has undergone a basic and permanent economic shift from a demand market to a supply market.