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The tipping point

17 February 2017 / Roger Smith
Issue: 7734 / Categories: Opinion , Legal services , Technology
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Roger Smith explores the ramifications of innovation & technology on the legal sector

Call it the “Rise of the Robots”, “The Second Machine Age” or “The Fourth Industrial Revolution”—whatever fancy phrase you like—but it is pretty clear that our economy, politics and even the practice of law itself is changing under our feet. The potential impact is staggering. Losses of between a third and a half of all existing jobs in the economies of countries like the UK and US are predicted. And, legal services—for better and for worse—will be affected just as much as car manufacturing. A couple of years ago, this kind of assertion would provoke an avalanche of nay-sayers. Now, you can see a growing realisation that a tipping point is approaching.

The wind of change

One indication of the changing climate is the slew of initiatives emanating from a range of legal institutions around the world. Over the last year, both the Law Society and the American Bar Association have produced sustained analysis of the future. The Society followed up with its paper on Capturing Technical Innovation in Legal Services

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MOVERS & SHAKERS

Muckle LLP—Stacey Brown

Muckle LLP—Stacey Brown

Corporate governance and company law specialist joins the team

Excello Law—Heather Horsewood & Darren Barwick

Excello Law—Heather Horsewood & Darren Barwick

North west team expands with senior private client and property hires

Ward Hadaway—Paul Wigham

Ward Hadaway—Paul Wigham

Firm boosts corporate team in Newcastle to support high-growth technology businesses

NEWS

NOTICE UNDER THE TRUSTEE ACT 1925

HERBERT SMITH STAFF PENSION SCHEME (THE “SCHEME”)

NOTICE TO CREDITORS AND BENEFICIARIES UNDER SECTION 27 OF THE TRUSTEE ACT 1925
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