the future of lawyers from denial to disruption

42
THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION RICHARD SUSSKIND 2 May 2014 @richardsusskind

Upload: sileas

Post on 07-Jan-2016

25 views

Category:

Documents


1 download

DESCRIPTION

THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION. RICHARD SUSSKIND 2 May 2014 @richardsusskind. 3 old chestnuts 3 drivers 3 developments 3 stages 3 challenges. 3 old chestnuts. automation vs innovation. 3 drivers. more for less liberalisation technology. more for less. decomposing. - PowerPoint PPT Presentation

TRANSCRIPT

Page 1: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

THE FUTURE OF LAWYERS

FROM DENIAL TO DISRUPTION

RICHARD SUSSKIND

2 May 2014@richardsusskind

Page 2: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

3 old chestnuts

3 drivers3 developments

3 stages3 challenges

Page 3: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

3 old chestnuts

Page 4: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 5: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 6: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 7: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

automation vs innovation

Page 8: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 9: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 10: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

3 drivers

Page 11: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

more for lessliberalisationtechnology

Page 12: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

more for less

Page 13: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

decomposing

Page 14: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

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

Page 15: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 16: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 17: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

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

Page 18: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

3 developments

Page 19: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

exponential growthsmart systemssocial media

Page 20: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

Moore’s Law

Page 21: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

by 2020 and 2050

Page 22: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

5 billion mobile phone subscriptions

Page 23: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 24: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

1980s – rule-based expert systems

1990s – knowledge management

2000s – Google etc2010s – intelligent search, big data

2020s – 2nd generation AI

Page 25: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 26: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

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

Page 27: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

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

Page 28: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 29: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 30: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

irrational rejectionism

Page 31: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

communities of legal experience

Page 32: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

there is no finishing line in IT

Page 33: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

3 stages

Page 34: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION
Page 35: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

3 challenges

Page 36: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

for law firms

Page 37: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

what parts of your work could be undertaken

differently – more quickly, cheaply,

efficiently, or to a higher quality - using

alternative methods of working?

Page 38: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

for law schools

Page 39: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

what are we training young lawyers to

become?

Page 40: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

for clients

Page 41: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

The Shareholder Test

Page 42: THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION

[email protected]@richardsusskind