SeedJura: Decoding Law

12. For Lawyers: Legal Industry Development

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Geneve and Phyllis are joined again by Tony Alfonso, fellow co-founder of SeedJura, to discuss the ways in which the legal industry is trending. This episode will be particularly interesting to lawyers and may be enlightening to clients as well!

The SeedJura trio reviews the following trends currently seen in the legal industry :

  • A new avenue of gig-work has opened up for lawyers: contract work and one-off assignments provide more flexibility and a balanced lifestyle for today's attorneys.
  • Clients are able to explore more options when going through the process of selecting and hiring lawyers.
  • Legal expertise is getting more and more specialized, and lawyers a narrowing in their expertise.
  • Lawyer training and education is becoming more standardized as opposed to the past route of apprenticeships.
  • Technology is expanding and is providing new information and connectivity for both clients and lawyers.
  • Firms using multiple technologies collect 40% more revenue per lawyer when compared to firms that haven't adopted new technological trends.
  • Technology has allowed clients to be at the helm of of their own legal matters.
  • Communication between lawyers and clients is becoming more streamlined - and there's more than just email!

    • Next Week's Episode: This will be the last SeedJura: Decoding Law episode of 2022. Thank you for listening this year! We're looking forward to releasing new episodes in January 2023!

     

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    SeedJura: Decoding LawBy SeedJura