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THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION RICHARD SUSSKIND 2 May

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Presentation on theme: "THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION RICHARD SUSSKIND 2 May"— Presentation transcript:

1 THE FUTURE OF LAWYERS FROM DENIAL TO DISRUPTION RICHARD SUSSKIND 2 May 2014 @richardsusskind

2 3 old chestnuts 3 drivers 3 developments 3 stages 3 challenges

3 3 old chestnuts

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7 automation vs innovation

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10 3 drivers

11 more for less liberalisation technology

12 more for less

13 decomposing

14 Multi-sourcing 1.in-sourcing 2.de-lawyering 3.relocating 4.off-shoring 5.outsourcing 6.sub-contracting 7.co-sourcing 8.near-shoring 9.leasing 10.home-sourcing 11.open-sourcing 12.crowd-sourcing 13.computerising 14.solo-sourcing 15.KM-sourcing 16.no-sourcing

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17 13 disruptive legal technologies 1.Automated document assembly 2.Relentless connectivity 3.Electronic legal marketplace 4.E-learning 5.Online legal guidance 6.Legal open-sourcing 7.Closed client communities 8.Workflow and project management 9.Embedded legal knowledge 10.Online dispute resolution (ODR) 11.Intelligent legal search 12.Big data 13.AI-based problem solving

18 3 developments

19 exponential growth smart systems social media

20 Moore’s Law

21 by 2020 and 2050

22 5 billion mobile phone subscriptions

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24 1980s – rule-based expert systems 1990s – knowledge management 2000s – Google etc 2010s – intelligent search, big data 2020s – 2 nd generation AI

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26 not modelled on brains fuelled by brute force computing ‘big know-how’ as well as ‘big data’ speech recognition natural language processing perfect search machine learning deductive, inductive, analogical, lateral inference

27 bespoke human service – exceptional interacting with systems as though human diagnostic-advisory planning document production intelligent search embedded AI-enabled ODR smart more than hard-wired, underpinned by communities of legal experience

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30 irrational rejectionism

31 communities of legal experience

32 there is no finishing line in IT

33 3 stages

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35 3 challenges

36 for law firms

37 what parts of your work could be undertaken differently – more quickly, cheaply, efficiently, or to a higher quality - using alternative methods of working?

38 for law schools

39 what are we training young lawyers to become?

40 for clients

41 The Shareholder Test

42 richard@susskind.com @richardsusskind


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