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Lawyers urged to remain competitive amid disruption

Lawyers urged to remain competitive amid disruption

Innovation

The College of Law is encouraging lawyers to capitalise on disruption and innovation to remain competitive in the evolving legal sector.

A series of roundtables run by the College of Law’s Centre for Legal Innovation will look at how lawyers can capitalise on disruption and remain competitive.

Earlier this week, the Centre for Legal Innovation (CLI) at the College of Law announced a series of tech-focused roundtables across Australia and New Zealand.

The first roundtable was held in Perth in February, with others to take place throughout March and April in Sydney, Melbourne, Brisbane, Auckland and Wellington, the CLI said.

The talks will feature thought leaders in both technology and law, giving legal practitioners a chance to learn about the trends impacting the profession and discuss how best to respond.

“Technology has forever changed the way lawyers practise their profession and how legal businesses are conducted,” said CLI director Terri Mottershead.

“The changes are so rapid it can be hard for professionals to know what the market expects and how to remain competitive.”

With traditional law firms facing increasing competition from NewLaw providers and partnerships cropping up between law firms and software companies, it seems that digital disruption can be either a threat or a critical opportunity, depending on how lawyers approach it.

“Participants in the roundtables are asked to discuss what innovation means to them and how they have responded to it. The roundtables are part of the CLI’s efforts to create a new network of professionals that will encourage and support legal innovation,” said Ms Mottershead.

Founded by the College of Law in 2016, the CLI is a think tank that aims to help lawyers negotiate the disruption facing all professional services firms. The feedback from the roundtables will help the centre set its priorities for the next 12 months.

The other activities the CLI has planned for 2017 include seminars, public forums, workshops, white papers and exclusive member events.

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