Innovations conference 2016 chicago
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While there is still plenty of focus on improving back-end operational efficiencies, front-end service delivery and co-creating solutions in firms and legal departments is an increasing trend. Law firms, legal tech companies, and clients are partnering to create new and innovative solutions. Innovation in law is taking place at all levels. The number of law firms considered to be innovators has grown as well. They have gained traction over the last few years, and they are producing new ways to conceive of and deliver legal services. Technologies that assist in creating efficiencies, project management, automation, performing complex regulatory analyses, and using data to create solutions are game changers. There are more and more examples of successful innovators in the marketplace who are garnering large swaths of the multi-billion-dollar legal market. It’s no longer a matter of whether legal service providers and their clients are utilizing current technologies and new business designs, but how they are leveraging those assets. The gap has also become greater between those who want to and are willing to innovate and those who will soon be left behind.
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There was at least one example from every part of the legal services industry showing that change is gaining momentum and innovation in the industry has taken hold. While there’s much more going on than can be covered in a post (or the rapid-fire 20-minute sessions that took place), there are some important lessons about where we are in adapting and embracing new ways of delivering legal services.
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The Legal Horizons Conference in Chicago sponsored by Chicago-Kent College of Law and consulting firm Janders Dean provided an opportunity to hear the latest in legal service and technology innovation in law firms, legal departments and the legal tech space.