Smart Strategy
Big Law is not dead. Nor will it die. The visions laid out by noted experts in “Tomorrowland”and “End of Lawyers?” shine a light on the types of things a futurist might predict: (cue radio voice) “In a world run by robots and with universal income …” The threats are real. Yet as Gina Passarella points out in her article, “The Dance Around Change,” tangible shifts in the business model of law are slow to come. Resistance is high, as is “dabbling”—a noncommittal attempt to test the waters with little to no real risk (or reward). What can the law firm executives of today do to make the incremental, fundamental changes to prepare their firms for what’s to come? And perhaps equally importantly, do they want to?
