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SmartLaw - The future of law
Ben WightwickHighQ
Ron FriedmannPrism Legal
Fireman & Company
Ryan McCleadHighQ
Stuart BarrHighQ
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Ongoing Arguments in Legal
Hourly Billing vs. Alternative Fees
Insource vs. Outsource
Lockstep vs. Eat What You Kill
Offshoring vs. Nearshoring
Lateral vs. Organic Growth
BigLaw vs. NewLaw Tech vs. Process Improvement
Revenue vs. Profitability
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We asked a different question…
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Regardless of firm size,
compensation model,
or philosophy…
…what do you need to do to be a successful firm in the future?
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Even before we had an answer, we called that
SmartLaw
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So what is SmartLaw?
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SmartLaw is not prescriptive, it’s a conversation.
But we have a few suggestions…
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Clients
We believe SmartLaw is focusedon 3 key areas of success.
Culture Intelligent Useof Technology
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Clients
• Create a better client experience
• Empathetic, agile, and responsive to client needs
• Provide tools and resources for the client to easily manage, communicate, and collaborate with firm
• Maintain relationships at every level, from the partner to the secretary to the IT staff
• Second lawyers to client to understand client’s business, processes, and problems, then…
• Create a better client experience
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Culture
• Culture is what happens when people work together
• Break down business group silos within firm
• Remove ‘non-lawyer’ designation from lexicon
• Create a unity of purpose
• Educate everyone in the firm about what the firm does, how it makes money, what it believes
• It takes a team of experts from many fields working in concert to achieve the stated goals of the firm
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Intelligent Use of Technology
• Change the firm’s relationship to technology
• IT is no longer a supporting business unit, but is integral to the practice of law
• Integrate software and technologists directly into legal matter teams
• Legal engineers design and build expert systems, train machine learning algorithms, and create new products and services
• Rapid prototyping, iterative design, bricolage approach
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Learn more and join the conversation
highq.com/smartlaw
#SmartLaw