Rafael Del Bosco @rdbfig
Legal innovation = people and business models need to change first to create the gaps for new technology to fill | Adjunct Prof @UHLAW // @UCLA_Law alum. Texas Joined May 2012-
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@litigationai @lawyer4SMBs And, of course, it HAD to happen here in Texas!
@ryanmckeen 10+ years in-house and it still amazes + puzzles me the time it takes to complete a conflicts check at the outset of a matter, just to mention a small example of (to me) a poor CX.
@chuck_daff @ryanmckeen It's people and the business models that need to change first to create the gaps for new technology to fill
@rwalk_xyz @pxue And when I saw Calgary, I immediately thought of Houston. Pretty accurate here too, and largely tracks my chats with energy sector-focused law firms and other energy companies on emerging service delivery models and the like.
@jack_newton Good point. Pattern-recognition, on the other hand, can be a superpower in both.
@biglawbro The evolution of the industry is as much about talent strategies and generational shifts as it is about business & service model change. Law students and young lawyers are less and less interested in practicing like the generations that came before them. And that’s a good thing.
@ryanmckeen I agree on the generalist point; and another interesting angle is that AI-powered service delivery unbundling allows elite specialists in boutique firms to also offer more commoditized-type work if they'd like. Can think of a number of sectors for this.
Legal AI superempowers normal individuals with no legal background to fight big institutions in bureaucracies and in courts on a level knowledge/skill playing field, for the first time in human history. As such, it is one of the most inspiring applications of AI.
Legal AI is probably the least inspiring application of AI change my mind
@rwalk_xyz Texas is the first state to issue a modern ethics opinion explicitly addressing/blessing MSO structures in the legal sector. Noticing increased activity on the ground here and overall interest from folks in exploring.
@fleetingbits The unbundling point is spot on. But I think the more interesting use case for unbundling and disaggregation is in the highly specialized (niche/sector-specific) segment of the market.
@willchen500 Question: can the AI lords claim this is non-techie ownership of AI practice?
@lawheroezV2 Question: can the AI lords claim this is non-techie ownership of AI practice?
@ryanmckeen Yes, and in the UK, where the regulatory regime is more established, investors (PE and institutional) are buying specialization premiums. Specialized firms seem to have more leverage in PE right now, and the generalists might also get squeezed. Same with accounting IMO.
@lawheroezV2 Yes, agreed, my mantra for years - it's people and business models need to change first to create the gaps for new technology to fill
@rwalk_xyz Business model innovation + client experience are the new competitive battlefields. On your point, 10+ years in-house and it still amazes + puzzles me the time it takes to complete a conflicts check at the outset of a matter, just to mention a small example of (to me) a poor CX.
There comes a time in most people’s careers when a major inflection point takes place, resulting either in decay or the need for a reset/reboot. This will become more and more prevalent as the future of work shapes up.
We’re living in a an era of high anxiety regarding career paths and the job market as a whole — radical self-inquiry (resulting in increased self-awareness + vocational clarity) is not only the antidote but also a career rocket fuel.
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