The practice of law is being tested by increased constraints on resources, shifting workforce composition and increased global complexity.
Innovative technology is reshaping the legal landscape, and law is beginning to move from a practice to an operation. To truly innovate their practice areas, Lucy Endel Bassli said, lawyers must become more business savvy. What’s even better? Attorneys must relinquish control of the aspects of their job that don’t require a law license and collaborate with the experts around them, like data scientists, financial analysts and project managers.
Bringing external experts in will enable attorneys to optimize their legal practice and provide a more full-service product, Bassli said. All in all, it will allow them to focus more on why their clients hired them: the practice of law.