Part 1: Legal Geek’s Uncertain Decade: Debating the future of the legal industry

Originally published in AnswersOn.

By Joseph Raczynski

It’s the questions on the mind of every legal professional: What will legal life look like after the COVID-19 pandemic passes? What will this “new normal” actually be? And more specifically, if courts close and clients are shuttered, what will half the world’s lawyers do?

In the first of a three-part global webinar series, The Uncertain DecadeLegal Geek sought to shed some light on these questions, bringing together two of the most respected names in the legal industry — Mark Cohen, CEO of Legal Mosaic, and Prof. Richard Susskind — to delve into how law firms, courts, and the general population are facing unprecedented legal challenges in the current crisis environment.

Cohen began with a historical perspective about the COVID-19 crisis, citing four previous transformative events after which the legal community bounced back, with one exception. The global financial crisis that began in 2008 permanently altered the way law firms function and interact with clients.

Such transformative events force law firms to reconsider the traditional model of work, birthing a “new era of legal operations,” said Cohen. Historically, what stood out is what failed to change, he explained, adding that law schools and the courts returned to normal, greatly unaffected by the financial crisis.

Why is now different?

Now, however, the reckoning has arrived. In a matter of weeks, law schools converted to online education, something they had resisted for more than a decade. Courts too, have begun to adjust adapting latent technology that had emerged from “other industry use” to their new reality. “It simply needed to be turned on,” said Cohen, adding that ultimately, these older components — physical classrooms, some in-person courts, and in-person client meetings, are no longer necessary.

talent
Mark Cohen, CEO of Legal Mosaic

It is “a bright light being shined on how we can do things differently in legal,” he said.

When asked how much of the physical nature of the practice of law do we really need now, Cohen pointed out that the entire legal workforce became a remote workforce almost overnight and in general, it seems to be working.

What is the impact to industry components?

The bellwether for change is the general counsel, Cohen continued, adding that GCs have already been doing more with less for a time now — truly being “proactive enterprise defenders.” Now, all legal service providers and vendors need to look toward the GC and senior legal teams because they are “living law’s future.”

Cohen then broke down the industry components into four main areas:

Consumers — Individuals in need of legal counsel are driving change. There is increased access to information and platforms where data is available, and that’s driving process. People will now make decisions based on competency, metrics, and expertise as data accessibility is universal and process is increasingly coveted.

Academia — The universities will need to rethink their curricula. Education is a lifelong pursuit, and newer programs will need to incorporate many disciplines beyond the classics, including marketing, technology, and business.

Legal Service Providers — Cohen said for legal providers, the main theme is an emphasis on customer-centric models, more than ever before. While new solutions will be data-driven, it is about vendors learning and understanding more deeply about the customer and thereby driving more value to them.

Courts — In the short term, “courts have been crippled,” said Cohen. He then brought up a concept using the Chinese word for crisis — Wéijī, explaining that crisis has two meanings in Chinese, “danger” and “opportunity”. The courts and associated lawyers find themselves in Wéijī at the moment. The courts now are paralyzed, of course, but they could seize the opportunity and transform the entire industry with intelligent adoption of technology and process.

On the state of the market

For his part, Prof. Susskind views the current legal market conditions in several phases. Initially, the legal industry had to mobilize to enable work to be produced. Currently, he sees this lockdown phase as a test which provides an inordinate amount of valuable data. In his grander vision, we have an impromptu Proof of Concept at hand, Susskind observed. “We should be capturing as much data as possible and seeing which innovations could work going forward” during this lockdown, he explained. Eventually the third phase, emergence will come; however, this will be complicated by a bifurcated marketplace of individuals empowered to return to the office and those forbidden from doing so. Fundamentally, legal work be done differently going forward, and face-to-face interactions may no longer dominate, Susskind said.

While most managers in the legal sphere are focused on the here-and-now, Susskind argued that people “need to be looking at the long term and asking themselves to what extend have things really changed?”

susskind
Prof. Richard Susskind

For example, Susskind noted the absence of recent artificial intelligence chatter and believes that the urgency of AI might will die down for the next 18 months. Since AI is less tangible for most day-to-day operations, it makes sense that it could fade as a focus for law firms and the courts.

Indeed, all the current attention in the legal industry surrounds basic technology that enables job function. While the future of people working from home with basic technology has arrived, it is built on a “house of cards” and “stuck together with bubblegum,” stated Susskind. The legal industry will endeavor for practical secure and permanent work from home (WFH) solutions; and therefore, the more nebulous, dreamier innovations that might on day again push the limits of the law and technology are on hold for now.

The call for remote courts

What was thought to have been a 10-year plan to move the world’s antiquated court system to a remote one actually only took a few weeks, said Susskind. Now, he said his preoccupying thought remains: Is a court is a service or a place? And if the latter, do we really need that place?

To that end, courts around the world have morphed into three possible types: Audio, where some of the events are either entirely or partially access by telephone; Video, which mirrors audio in its use; and lastly, Paper, which still requires submissions to the court be in written form and the judges respond in kind.

The early evidence of these new court systems are very positive. To the surprise and skepticism of many, “it seems to be generally working,” said Susskind, adding that people were distrustful of this shift, as we have seen little change on this front in more than 150 years.

Rapid transformation is upon us, Cohen and Susskind agreed. In a matter of weeks, the legal industry experienced more change than it had in previous decades. The light is bright on how things can be done in legal, but much more data needs to be digested to see the resulting outlines of the industry’s still murky future.

About Joseph Raczynski (149 Articles)
Joseph Raczynski Technologist/Futurist Joseph is an innovator and early adopter of all things computer related. His primary focus is around the future of technology, and speaks globally about Legal Technology, Cybersecurity, Blockchain, Artificial Intelligence, Cryptocurrency, and Robotics (drone technology). He also writes about the future of technology as it impacts the crossroads of our personal and professional lives, especially in the legal sector. Under the umbrella of Thomson Reuters, The Hearing a Legal Podcast, Joseph hosts a podcast with a technology focus. He also serves as a mentor with the Columbia | IBM Blockchain Accelerator and guest lecturer at Fordham University School of Law, as well as a Cybersecurity Committee Member at the University of South Florida. Joseph founded wapUcom, LLP, consulting with companies in web and wireless development. As a side project DC WiFi was created to help create a web of open wireless WiFi access points across cities and educate people about wireless security. Currently Joseph is with Thomson Reuters Legal managing a team of Technologists for both the Large Law, Corporate, and Government divisions in the US. Joseph serves the top law firms in the world consulting on legal trends and customizing Thomson Reuters legal technology solutions for enhanced workflows. He graduated from Providence College with a BA in Economics and Sociology and holds a Masters in eCommerce and MBA from the University of Maryland, Global Campus. You can connect with Joseph at JoeTechnologist.com or JosephRaczynski.com or onTwitter @joerazz

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