Home Strategy Law firms should plan for ‘digital disruption’
Scales of Justice, Wikimedia Scales of Justice, Wikimedia

Law firms should begin to plan for the sort of digital disruption that has impacted other sectors of the economy such as finance, retail and media.

That’s the view of Toronto based lawyer, author and legal futurist Mitch Kowalski, who will be the keynote speaker at the 2013 Lawtech Summit to be held in Noosa, Queensland on 12 and 13 September.

Jenny Katrivesis, project director, conferences and summits, for Chilli IQ, cites a 2012 report by Deloitte - Digital Disruption: Short Fuse, Big Bang? – which she says predicted that the professional services sector would face the full impact of digital disruption in 2014-15.

“However there are now signs that the impact for law firms may arrive even sooner,” Katrivesis says.

Katrivesis points to Kowalski’s comments: “New technologies that can automate and disintermediate legal services will force traditional law firms to rethink their models from the ground up” and his warnings that “the changes which loom are deep and structural, not a cyclical bi-product of economic conditions or globalisation.

“US technology companies, having already developed online applications for sectors such as finance, telecommunications and retail, are now turning their attention to legal services and developing new classes of applications and platforms which will disrupt the traditional mode of delivering legal services.

“Over the next few years we will see this blossom. There are a lot of people who see the law as code anyway – that it’s pretty easy to use that to build a decision tree and create applications.”

“Just as bricks and mortar retailers have had to restructure to tackle  the rise of online retail, Kowalski believes law firms will have to reform themselves in order to more effectively compete with a rising tide of online alternatives where; “the technology industry will nibble away at traditional legal process,” Katrivesis said.

More information is available at on the LawTech Summit is available at http://www.lawtechsummit.com.au

47 REASONS TO ATTEND YOW! 2018

With 4 keynotes + 33 talks + 10 in-depth workshops from world-class speakers, YOW! is your chance to learn more about the latest software trends, practices and technologies and interact with many of the people who created them.

Speakers this year include Anita Sengupta (Rocket Scientist and Sr. VP Engineering at Hyperloop One), Brendan Gregg (Sr. Performance Architect Netflix), Jessica Kerr (Developer, Speaker, Writer and Lead Engineer at Atomist) and Kent Beck (Author Extreme Programming, Test Driven Development).

YOW! 2018 is a great place to network with the best and brightest software developers in Australia. You’ll be amazed by the great ideas (and perhaps great talent) you’ll take back to the office!

Register now for YOW! Conference

· Sydney 29-30 November
· Brisbane 3-4 December
· Melbourne 6-7 December

Register now for YOW! Workshops

· Sydney 27-28 November
· Melbourne 4-5 December

REGISTER NOW!

LEARN HOW TO REDUCE YOUR RISK OF A CYBER ATTACK

Australia is a cyber espionage hot spot.

As we automate, script and move to the cloud, more and more businesses are reliant on infrastructure that has the high potential to be exposed to risk.

It only takes one awry email to expose an accounts’ payable process, and for cyber attackers to cost a business thousands of dollars.

In the free white paper ‘6 Steps to Improve your Business Cyber Security’ you’ll learn some simple steps you should be taking to prevent devastating and malicious cyber attacks from destroying your business.

Cyber security can no longer be ignored, in this white paper you’ll learn:

· How does business security get breached?
· What can it cost to get it wrong?
· 6 actionable tips

DOWNLOAD NOW!

Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

 

Popular News

 

Telecommunications

 

Sponsored News

 

 

 

 

Connect