Embed Size (px)
DESCRIPTION
A presentation from the Alaska ALA conference on the future of law practice.
Citation preview
Hello from the Future
by Matthew HomannLexThink LLC
Seven Trends Changing Practice Forever
You s
hould
be a
lawye
r.
LexThink.cominnovation: for lawyers
@MattHomann
Shiny shiny syndrome.
The one thing that’s changing in
law practice is: everything.
The future is already here -- it’s just not evenly distributed.
-William Gibson
The predictions that seem most correct are almost certain to be wrong.
- Ray Kurzweil
Most people are more comfortable with old problems than with new solutions.
- Charles Brower
All truths are easy to understand once they are discovered.
- Galileo Galilei
Why are lawyers so bad at predicting the future?
© Matthew Homann 2010 All Rights Reserved
The practice of law depends upon precedents. The
business of law does not.
Just because nobody is ready for it doesn’t make it less likely to happen.
Leaders have too much invested in the present to prepare for the future.
© Matthew Homann 2010 All Rights Reserved
Ready to party like it’s 1999?
One thing we know is the future isn’t ...
© Matthew Homann 2010 All Rights Reserved
Don’t be chicken.
© Matthew Homann 2010 All Rights Reserved
Things change faster than we expect.
© Matthew Homann 2010 All Rights Reserved
Clients have less attention to pay than ever before.
Access to information is now instant.
#7
Legal work will be priced, not predicted.
© Matthew Homann 2010 All Rights Reserved
Lawyers rarely sell what their clients are buying.
Time is not a valid metric.
Firms Negotiate Value, not on Price
#6
Client-focused metrics will matter more
Clients will dictate the
measurements and monitor them in real
time.
#5
Legal projects aremanaged by managers
& lawyers are managedlike employees.
Managers manage to results not time spent.
#4
Service Matters.
The ratings economy drives client decision making.
Client surveys happen in real time.
Listening well becomes a core competency.
#3
All work becomes
commoditized.
#2
The dawn of the irrelevancy
of lawyers.
Clients demand the keys to the knowledge machine.
#1
Young Lawyers
Dissappear.
What can I do?
LexThink.cominnovation: for lawyers
@MattHomann
www.NonBillableHour.com
