Richard Tromans’ Post

This is going to be one for the books! Some incredible speakers this year at Legal Innovators California. Join us: https://lnkd.in/eTSE5-Aa DM me if you have any questions. #legalinnovators #legalinnovation #legaltech #lawyers #california #Inhouse #counsel #lic #legalinnovatorsuk

Vale a leitura... "Large corporate law firms (a/k/a “Big Law”) are on a hiring spree. They are snapping up tech-oriented talent to fill a mélange of newly-formed firm C-Suite roles. The list includes: Chief Officers of Innovation, Information, Process, AI, Data, and Value. Firms are also onboarding data scientists, machine learning engineers, and other digital experts, many of whom are recruits from other sectors..." "... Is Big Law in the early stages of a transformation journey or following the path of companies like Kodak, Sears, and Blockbuster whose dominant market position, resistance to change, and hubris resulted in disruption?"

🌟 Thrilled to Share Insights at the ACC Legal Ops Con! 🌟 Had a fantastic time discussing the future of legal operations at the recent ACC Legal Ops Con. Here's a quick recap of the sessions I participated in: Opening Plenary: The Art of the Possible: Future-focused Potential The legal tech landscape is booming! 🚀 This standing-room-only session dove into the latest AI, LLM, and cutting-edge tools available today, along with expert insights from industry innovators like Danielle Benecke (Baker McKenzie & McKenzie LLP), Peter Geovanes (McGuireWoods LLP), and Daniel Katz (273 Ventures). We explored: The current state of the use of AI across the legal ecosystem, emerging trends, and future possibilities as well as practical tools to implement in your legal department (both now and for the long term). During my session on Day 2 - Beyond the Basics: Navigating the Path to Advanced Maturity I had the privilege of re-connecting with some very talented colleagues about advancing legal operations disciplines in your organization. Key takeaways included building a roadmap to advanced maturity, leveraging technology and data analytics to your advantage and fostering a collaborative culture for innovation and growth. 💡Afterward, Laura Caponi, Elizabeth Jaworski and I opened the floor up to the audience to discuss specific use cases and questions. Thank you to those in the audience who were willing to share! A huge thank you to the Association of Corporate Counsel for inviting me to participate! 👏 If you're interested in learning more about the future of legal tech and how to take your legal operations to the next level, feel free to connect with me in the comments or reach out directly. #legaltech #futureoflaw #ACC #innovation #legaloperations Reese Arrowsmith Maria Volpe-Viles Association of Corporate Counsel

I am working on a blog post discussing the dramatic change from my first days in law school, in 2008, when wide eyed students were threatened with doc review work to the brilliant modernization of legal practice I am so lucky to be a part of in 2024. The Evisort origin story, and the opportunity they are affording to 1L students, are outstanding examples of how the very practice of law is changing.

Hey there, legal professionals! 👋 I want to share something that’s been on my mind lately—something that’s reshaping our profession in real-time. Data. Yes, data is changing the way we practice law, and it’s not just a buzzword anymore. Whether you're in-house or at a firm, data literacy is becoming a crucial part of our toolkit. It’s not just about understanding laws and regulations anymore. It’s about interpreting the data behind them, driving decisions, and even predicting outcomes. We’re in a world where legal tech is giving us tools that can analyze contracts in seconds, track compliance risks, and even help us spot trends in litigation. But here’s the thing—those tools are only as good as we are at understanding and using the data they produce. I’ve written a new blog post about how we, as legal professionals, can embrace this shift. I dive into real, practical ways we can use data to enhance our roles, make smarter decisions, and bring more value to our organizations. This isn’t just about staying relevant; it’s about leading the charge in a data-driven world. So, if you’re ready to take your legal career to the next level, join me on this journey. Let’s unlock the power of data together. Get started by checking out my post via the link the comments below. I'm Colin, Director of Legal at Malbek, CLM for Enterprise and a legal tech educator and advocate. #legaltech #innovation #law #business #learning

Why should legal professionals learn tech? There are 2 kinds of legal professionals: 💼 Those who don’t use tech. 💼 Those who use tech to their advantage. Increasingly, surviving and thriving in the legal industry means integrating technology into every aspect of your practice. Here are 3 tips for upskilling legal professionals in technology: 1) "Teach tech" in context of practical legal problems. 2) Get buy-in from tech-interested lawyers to pitch the rest. 3) Dedicate resources to invest in tech-focused learning and development programs. Technology is not a replacement for legal knowledge and judgement. But using it can help legal professionals to do their work more efficiently, improve their processes and deliver higher value to their clients. We've only seen the tip of the iceberg so far. Get your team in now and they'll thank you later. — Found this helpful? Share it ♻️ and follow me, Nishant Bhaskar , for more insights like this! #legaltech #legalops #changemanagement

👋 from Modernize.Legal! 🚀 🔍 As you may have heard.... we're pioneering a groundbreaking study to decode the current state of practice modernization in major law firms. This isn't just another industry survey – it's a comprehensive exploration into the transformative impact of AI and legal tech, tailored to the unique experiences of different stakeholders within the legal ecosystem. ⏲️ #Associates: We are asking them about their development as lawyers, how they feel about career prospects, and the tech tools they love and hate. Associates from some of the best law firms in the world have already weighed in - Latham & Watkins, Kirkland & Ellis, Davis Polk & Wardwell LLP, Freshfields Bruckhaus Deringer and 30+ other firms... make your voice heard! 🖥️ #Practice #Technologists: We are asking them whether they have the resources they need to drive #innovation, their #realtalk feedback on both #legaltech tools and vendors, and their views on the current state of #AI in legal! ⚙️ #LegalTech #Vendors: We're asking them for their current market outlook and the #realtalk advice for law firms on how they can become better customers and partners in driving #techadoption forward. ⚖️#LawFirm #Leaders: Your strategic priorities & the competitive pressures you face in this tech-driven era. 🦄 Here's what sets our study apart: 🔗 Connected Insights: Each survey is a piece of a larger puzzle. When combined, they reveal a 360-degree view of the legal industry's modernization journey, highlighting the synergies and gaps between expectations and reality. 🎯 Actionable Feedback: Participation in our study doesn't just contribute to another report on a shelf. It's an active step towards shaping the future of legal practice. With enough participation, these insights can shape and influence how law firms try and buy tech and how they train the next generation of lawyers. 🤝 Join the Conversation: By sharing your experiences, you're not only voicing your challenges and successes but also helping to steer the direction of an entire industry. 👉 Stay tuned for updates, insights, and exclusive content.  Follow our project page, join the discussion, make your voice heard -- and be a part of something bigger.

If you're implementing legal tech, listen up: Quick wins drive success. - Start with a small, defined scope and specific goals. - Aim for completion within 6 months. - Develop a "pilot" mindset, testing and fine-tuning as you go. Adoption is key. - Don't skip the planning and communication. Get people on board. - Highlight benefits not just to lawyers, but to supporting staff too. - Ongoing training and support is key to adoption. Data matters. - Measure your results and prove your ROI. - Stay on top of usage data to identify patterns and areas for improvement. - Use data to justify and expand investment toward your next phase. Remember, it's about people, not just tech. - Align your goals with the firm's overarching strategy. - Demonstrate how legal tech supports the firm's mission or vision. - Develop communication plans that keep all stakeholders aware of progress and milestones. Want to move your firm forward? Start with a small win. ~~~ Found this helpful? Share this post ♻️ and follow me, Nishant Bhaskar, for more insights like this! #legaltech #legalops #lawfirms

Embracing Change: The Need for Evolution of Law Firm Associates in the Age of Legal Tech The legal industry is undergoing a profound transformation, driven by the integration of technology into everyday practice. This shift is reshaping the roles of traditional law firm associates, who are finding themselves facing the challenge of adapting to a new reality where automation and AI-powered solutions are replacing routine tasks. The Shift: Technology vs. Traditional Roles Gone are the days when legal research meant hours spent sifting through dusty tomes in a library. Today, AI-powered research tools and contract management platforms are revolutionizing the way legal work is performed. While this transformation brings efficiency and accuracy, it also poses challenges to the traditional roles within law firms. The Challenge: Adapting to Change Conventional law firm associates are confronted with the fear of job loss as technology takes over tasks once performed by junior lawyers. However, this shift isn't about replacing human expertise; it's about augmenting it. The key lies in upskilling to meet the demands of this new era. The Solution: Upskilling for Success Law firm associates must proactively upskill to remain relevant in today's competitive landscape. - Embrace Legal Technology: Stay updated on the latest legal tech tools and platforms relevant to your practice area. From e-discovery software to contract automation tools, familiarity with technological advancements is essential. - Develop Data Literacy: Understand how to analyze and interpret data, as data-driven decision-making becomes increasingly prevalent. Developing data literacy skills will enable you to extract actionable insights from complex datasets. - Cultivate Soft Skills: In addition to technical proficiency, hone soft skills such as communication, collaboration, and adaptability. These skills will become increasingly valuable as the nature of legal work evolves. The Opportunity: Redefining the Role of Law Firm Associates Far from being rendered obsolete, the rise of legal tech presents a unique opportunity for law firm associates to redefine their roles and make a significant impact. Embrace technology as a tool to enhance your efficiency and effectiveness as a legal professional. The Future: A Hybrid Approach The future of legal practice will likely be characterized by a hybrid approach, combining human expertise with the efficiency of technology. Law firm associates who adapt to technological advancements and continuously upskill themselves will thrive in this new landscape. The changing role of law firm associates in the era of legal tech necessitates a proactive approach to upskilling and adaptation. Let's embrace the future of legal practice together! #legaltech #futureoflaw #legaltechnology Image Credits- DALL·E 3