”What is clear is that IT, third party capital and regulatory change have started to redefine legal services at a rapidly increasing rate since the 2008 financial crisis. Law, the most conservative of the large professions, has traditionally been change resistant but it is now happening, fast. Yet looking ahead, it’s difficult enough to predict the first generation changes caused by any of these big drivers, let alone the second and third generation changes as they all interact with each other.”
read more ‘LFaaS’ Law Firm as a Service I: the shape of law to come? – Lexology.