Avoiding Extinction: Reimagining Legal Services
“The past few years have seen incredible innovation and growth in the way legal services can be delivered–yet most law firms around the world continue to practice law the way it’s been practiced for centuries, namely, as a labor-intensive endeavor carried out by high-priced lawyers billing by the hour.”
I’m talking with Toronto lawyer Mitchell Kowalski the author of Avoiding Extinction: Reimagining Legal Services. Avoiding Extinction makes the case for how the law firm of the future will succeed, with a laser-like focus on delivering high-quality legal services better, faster, and cheaper. This entertaining and instructive book is a must-read for anyone seeking a creative vision into what a new, truly different law firm could look like.
The podcast:
Your book – why did you choose the fictional law firm Bowen Fong and Chandri PC – the medium of a novel – for your book?
A utopian construct or capable of practical reality?
The billable hour v value billing debate
Comparison with UK – UK firms Lawyers on Demand and Riverview Law?
Five key propositions for delivering legal services you regard as the most innovative and important
* Billing
* Knowledge Management
* The People at the top set the tune for the middle
* Legal process outsourcing – the more money you save, the more money you earn
* Project management – if you can’t map out all the processes you are doing you cannot value and price it.
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