Is Software Eating Law Departments?
Is software eating law departments, a question inspired by Marc Andreessen famously noting that software is eating everything.
Is this true for law departments? The lead article in Inside Counsel Magazine (Dec 2015) may answer the question.
The IC10 2015 Award Winners
The 2015 IC10: The law department of the future describes the 10 most innovative law departments of the year. It’s an annual feature. This year, 9 of 10 awards revolve around software. In years past, I recall that only 3 or 4 awards involved software.
Wow, we might think, 9 of 10 surely means yes. Since Andreessen meant dramatic change, we must examine just what tech law departments deploy. Here, from my scheduled Tweets, are the winners, initiative descriptions, and links:
- ADM. Using tech to standardize process, intake, + routine work. http://bit.ly/1TsN27K
- AEP. Tech streamlines tracking accrued expenses. http://bit.ly/21GRpC1
- The Hartford. Using tech for intake, tracking tech proposals for risk management eval. http://bit.ly/1IMvkqc
- Gordon Food Service. Self-service, content rich portal for all workers. http://bit.ly/1YRUFsa
- Target. Workload (re-)allocation with SharePoint. http://bit.ly/1NCiKLl
- Ford. Mobile app for ethical guidance with content, d-trees, email Qs. http://bit.ly/1Nz7xiU
- Marsh & McLennan. Collab + S/M for law dept, content portal 4 workers Portal use up 5x. http://bit.ly/1SGRHCR
- Silicon Valley Bank. Form dev + review w workflow Outside counsel extranet 4 comm + content. http://bit.ly/1INoErP
- Gates Foundation. Improved #KM by extending IP portal to manage content / history. http://bit.ly/1m5bmC4
Software Is NOT Eating Law Departments
Reading IC, none of these strikes me as particularly advanced or game changing. Law departments seem to have won for automating processes that, in many other functions, likely would have been automated long ago.
I would be impressed were law departments deploying (or even evaluating)…
- Watson or other AI, either for departmental efficiency or, more interestingly. to practice preventive law (DoLessLaw). Oh, remind me why the IBM law department has not publicly announced a Watson initiative?
- Machine learning to understand, standardize, and better manage contracts. Commercial products here include Kira Systems, eBrevia, KM Standards / K-Reveal, Brightleaf, and RAVN. This class of software also supports better compliance and due diligence.
- Blockchain, to automate contracts. (How many GC even know what it is?)
- E-billing analytics to determine the most cost-effective firms and then shifting work to them.
- Expert systems (e.g., Neota Logic) to create systems for internal clients that answer questions and/or perform triage with intelligent intake.
- Legal project management software for internal matters and requiring outside counsel to use LPM to scope, budget, and monitor matters. Commerical products for law firms include Cael, MatterWorks, Planning Blox, and Umbria.
Perhaps law departments are doing these things but did not submit award nominations. Or they submitted but Inside Counsel did not find them award-worthy. My guess is that some companies are using machine learning for contract analytics, LPM software, and e-billing analytics to choose firms. I suspect Watson / AI, blockchain, and expert system action has yet to start.
The good news here is that 9 of 10 awards are for tech and that law departments can still do so much more with software to improve their performance.
- Alternative Legal Provider (35)
- Artificial Intelligence (AI) (50)
- Bar Regulation (13)
- Best Practices (39)
- Big Data and Data Science (8)
- Blockchain (10)
- Bloomberg Biz of Law Summit – Live (6)
- Business Intelligence (19)
- Contract Management (19)
- Do Less Law (37)
- eDiscovery and Litigation Support (165)
- Experience Management (7)
- Extranets (11)
- General (191)
- Innovation and Change Management (158)
- Interesting Technology (96)
- Knowledge Management (219)
- Law Department Management (14)
- Law Departments / Client Service (112)
- Law Factory v. Bet the Farm (27)
- Law Firm Service Delivery (105)
- Law Firm Staffing (25)
- Legal market survey featured (5)
- Legal Process Improvement (21)
- Legal Project Management (26)
- Legal Secretaries – Their Future (17)
- Legal Tech Start-Ups (2)
- Litigation Finance (5)
- Low Cost Law Firm Centers (19)
- Management and Technology (178)
- Notices re this Blog (10)
- Online Legal Services (63)
- Outsourcing (134)
- Personal Productivity (39)
- ReInvent Law (10)
- Roundup (58)
- Structure of Legal Business (1)
- Supplier News (13)