A former law partner of mine was fond of saying “a lawyer spends half of his or her life worrying about not having enough to do and the other half worrying about having too much.” If the recent Thomson Reuters-Georgetown 2022 Report on the State of the Legal Market Report is any indication the profession is certain in the too much to do half on steroids. And that phenomenon may portend some fundamental and long-awaited changes.
In a nutshell, the Report demonstrates that to thrive post-pandemic and even survive, lawyers will need to better adopt technology, use better workflows, and make sure work is done by right mix and training, and experience. Otherwise, the work that is piling up during the great talent shortage just won’t get done.
According to the Thomson Reuters press release, the State of the Legal Market Report is issued jointly each year by the Center on Ethics and the Legal Profession at Georgetown Law and the Thomson Reuters Institute. The Report relies on data collected by Thomson Reuters. The Report reviews the performance of U.S. law firms and attempts to identify what factors drive long-term change and strategy.
Continue Reading Thomson Reuters’ Report May Signal Sea Change In Legal Profession
here used to be an advertisement for Oldsmobile automobiles that started with the phrase “not your father’s Oldsmobile”. The idea of course was to rebrand Oldsmobile into something different that how if was perceived. I thought about this ad as I was reading a recent article in the
Well, I did it. Sort of. At the beginning of 2021, I set a goal of posting once a week on this blog. I didn’t hit a post every week, but I ended up posting 52 times for an average of once per week. I hit my goal despite a lengthy hospital stay of someone close in early 2021, a personal bout of breakthrough Covid, and numerous other minor and not so minor setbacks, slights, and ups and downs.
“It’s like déjà vu all over again…The future ain’t what it used to be.” Yogi Berra
Surveys, surveys, surveys. We seem to be awash these days in surveys. It’s hard to keep track of them all, much less vouch for their validation.
As commentators, we often focus on those who can’t afford lawyers and are thus deprived in a tangible way to access to justice. We often focus on the very sophisticated purchasers of legal services. Large companies, for example, with full in-house legal departments. We often don’t talk about those in the middle: individuals and small businesses who, from time to time, need and must purchase legal services.
It’s Thanksgiving again. A time to stuff ourselves, watch some serious football (well, some football anyway), and be thankful. It got me thinking: what do I, as a blogger on legal technology and innovation, have to be thankful for this year (beyond, of course, my tech toys lol).
Kris Satkunas, 