With barely a week going by without news that yet another chief innovation offi cer has taken up residence in a global law fi rm, it’s clear innovation is still a hot topic, continuing to grow and expand in terms of its reach within law firms. However, despite rapid advancement in recent years, it’s generally acknowledged that legal is behind the curve in terms of innovation compared to the rest of the corporate world. It’s also generally assumed that innovation relates purely to technology – meaning none but the largest companies with the deepest pockets can benefi t from it.
This insightful book features contributions from legal fi rms doing innovative things in all aspects of the field, going beyond the enabling technology – from partnering with clients to productizing services, developing external alliances, transforming the talent management function, to encouraging lawyers to invest billable time in new innovative approaches to the business and practice of law – as well as approaches to dealing with market disruption itself. The Future of Legal Innovation showcases great examples of initiatives – big and small – that demonstrate how legal is innovating its products and services.
About the authors
Chapter 1: Leveraging professional teams to build a sustainable innovation strategy for your firm
By Anna McGrane, COO and co-founder, Pacer Pro
- Mining your own data – where to start
- Communication and collaboration – where to start
- People and project management – where to start
- Efficiency gains and better process – where to start
- More information
Chapter 2: Driving innovation – ideas are the key
By Dean Boeschen and Rebecca Holdredge, Husch Blackwell LLP
- Need ideas? Try a hackathon
- Avoid chaos with an idea management system
Chapter 3: Introducing design thinking into legal
By Nicola Shaver, managing director, innovation and knowledge, Paul Hastings LLP
- Why design thinking?
- How to kickstart your design thinking initiative
Chapter 4: Cultivating an innovation mindset
By Vishal Agnihotri, chief knowledge officer, Hinshaw & Culbertson LLP
- Barriers to change
- Drivers of change
- Starting point
- The solution
- How it worked
- Awareness and adoption
- The results
Chapter 5: Innovation as a Service and the Maker’s Matrix
By Anusia Gillespie, director of innovation, Eversheds
- The Innovation as a Service model
- A more accurate way to think about innovation
- The Maker’s Matrix© – a tool to fast track the problem-diagnosis-solution
- Creating the right team
Chapter 6: Seeing things differently – diversity and innovation
By Linda Perez Clark, managing partner, Kean Milller
- Innovative recruiting of diverse attorneys through pipeline building
- Embracing innovation
- Practical innovation
Chapter 7: Using machine learning and AI to drive innovation
By Aaron Crews, chief data analytics offi cer, Littler Mendelson, P.C.
- Artificial intelligence and machine learning – what are we even talking about?
- Innovation how to – the importance of change management
- Barriers to innovation
- Specific technologies
- Machine learning/AI based legal research
- Document and contract review
- Contract management applications
- Document drafting tools
- Expert systems
- Data visualization
Chapter 8: The new arms race – how machine learning may redefine the legal landscape
By Josias Dewey, partner, Holland & Knight
- Machine learning – an introduction
- Deep learning
- A digital transformation?
- Obstacles to delivery
Chapter 9: The velocity and geography of legal innovation
By Gordon Vala-Webb, senior advisor, technology and innovation, Lex Mundi
- Are firms all talk and no action?
- High correlation between titles and tech firms
- Is China a legal innovation leader?
- The United – Legal Tech – Kingdom!?
- US legal tech is huge
- Canada and Australia – punching above their weight?
- Rate of change