This is part five of a six-part email miniseries expanding on Baretz+Brunelle’s Where Will the Work Go? futurecast. If you have time to watch the whole thing, catch the video replay here. If you don’t, this recommended reading list suggested by presenter and B+B NewLaw practice co-head Brad Blickstein is a 2-minute read.
The B+B New Law Team can help you identify opportunities throughout your firm and build the kinds of legal service delivery models that clients are looking for.
If you want to read more about the topics I discussed on the futurecast, there are plenty of places to look. To start, I am duty-bound to recommend both of my own surveys that I mentioned in the futurecast: one on law department operations, the other on legal spend management.
- The Blickstein Group Annual Law Department Operations Survey Report
- The Blickstein Group Annual Survey of Effective Legal Spend Report
THERE ARE MANY OTHER VALUABLE RESOURCES AS WELL:
- Updated weekly, The Legal Value Network Council of Luminaries’ Weekly Words of Wisdom offer a real-time look at the challenges faced by law firm pricing teams as well as client-side legal ops professionals.
- The 2020 Citi Hildebrandt Client Advisory goes into detail on a number of topics covered in the futurecast. The “Developments in the Business Model” section has particularly relevant discussions of pricing and the adoption of artificial intelligence-based solutions by law firms.
- The Legal Executive Institute 2020 Report on the State of the Legal Market, in its section on “Evidence of an Emerging New Model in the Legal Market,” analyzes the growth in non-law firm competitors, and how innovative firms are responding.
- The data in the Legal Executive Institute’s Alternative Legal Service Providers Report 2019 is nearly two years old at this point (and the report inexplicitly uses the term “captive LPOs” rather than “captive ALSPs”). Even so, the framework it puts forth in Appendix 3 (“Law Firm Use of Captives”) is a valuable one.
- There’s a ton of great stuff at Bill Henderson’s Legal Evolution blog, but Jae Um’s pieces are some of the most thought provoking – full of both data and emojis.