02 Aug TOP LAW FIRMS SPEAKER: FUTURE TRENDS QUESTIONS THAT LAWYERS ARE ASKING
Serving as law firms speakers and legal futurists, it’s not uncommon for us to get the call to come provide virtual keynote speaking or pop in for a presentation at a partner retreat, meeting or client event. And why not? There’s a ton to talk about as of late when it comes to new technology trends, future of work developments and high-tech innovations from AI to automation, deepfakes, cybersecurity and more. As law firms speakers and legal futurists though, many recurring questions tend to come up. For your reference, we thought it might be interesting to discuss and run down some of the more common queries that we tend to get from attorneys and service providers below.
- How will artificial intelligence and automation impact the legal industry?
- Will technology replace lawyers and paralegals? If so, how many jobs could be lost?
- How will law firms adapt to meet changing client demands and expectations?
- Will alternative fee arrangements become more common compared to hourly billing?
- Like law firms speakers and legal futurists often ask: How can law firms evolve to become more nimble, tech-savvy, and innovative?
- What new positions and skillsets will law firms need to remain competitive?
- Will more legal work be insourced rather than outsourced to law firms?
- How can law firms better utilize legal project management principles?
- Will virtual law firms and remote work arrangements gain prominence?
- How can law firms attract and retain top talent amidst generational differences?
- Will consolidation and mergers lead to fewer, but larger law firms?
- How will globalization impact which firms worldwide clients seek out?
- Speaking as law firms speakers and legal futurists, will niche law firms focused on specific practice areas gain market share?
- Can law firms succeed with non-traditional business models?
- How will law firm partnership models and profit-sharing evolve?
- Can the billable hour model survive much longer?
- Will more law firms go public like alternative business structures in the UK?
- How will client demands for more diversity and inclusion impact law firms?
- What innovations can improve productivity and efficiency for lawyers?
- How will technology improve legal research capabilities?
- Can algorithms and predictive analytics be used to benefit clients?
- Will smart contracts and blockchain disrupt traditional legal work? It’s a common query amongst law firms speakers and legal futurists.
- How can law firms enhance cybersecurity as data becomes more vulnerable?
- How can law firms optimize their use of cloud computing?
- Will virtual or augmented reality play a role in legal practice?
- How can law firms adapt their training programs to the future needs of clients?
- How will generational differences between senior and junior lawyers play out?
- How can law firms future-proof their associate recruiting and development?
- Will more law firms embrace agile principles?
- With increased technology, will lawyers focus more on soft skills?