He frequently shares his insights through social and print media, and published the e-book NewLaw New Rules: A Conversation on the Future
of the Legal Services Industry in 2013.
«We must continuously adapt to the rapid
evolution of the legal services industry, and the utilization of artificial intelligence is a significant step in that process,» said Steve Good, managing partner of Fennemore Craig.
The total return on investment, both tangible and intangible, in artificial intelligence might be higher for small and midsize firms, because of its ability to help these firms remain competitive and profitable, especially in the retail
sector of the legal services industry and in price - sensitive practice areas.
Duke Street partner Iain Kennedy has said that the intention was to transform the business «from a professional services firm to a business process outsourcer, and to drive the continued
consolidation of the legal services industry».
It's a technique which George perfected in his prior effort NewLaw NewRules: Conversation About the Future
of the Legal Services Industry which was essentially a thread book of curated comments emanating from his blog post The Rise and Rise of the NewLaw Business Model.
When these enterprises gain traction — which they certainly will and many already have — they will affect a wide
swatch of the legal services industry, including firms that thwarted these very same ideas, offerings and solutions that would have buoyed their solvency and propelled them into the modern age.
Quantitative Legal Prediction — or — How I Learned to Stop Worrying and Start Preparing for the Data Driven
Future of the Legal Services Industry, 2012, and Katz, Daniel Martin, Michael James Bommarito, and Josh Blackman.
The responses provide an interesting glimpse into how our UK colleagues view the future
of the legal services industry, including:
It is no question that we will see new players and new technologies in the future
of the legal services industry — it's how it has been over the last 10 years, and how it will continue to be going forward — it can not be avoided.
Professionally, I had a differing vision for the future
of the legal services industry.
Daniel Martin Katz, Quantitative Legal Prediction - or - How I Learned to Stop Worrying and Start Preparing for the Data Driven Future
of the Legal Services Industry, 62 Emory Law Journal 909 (2013) < SSRN >