Ken Crutchfield

The promise of greater interaction between people and machines in the Metaverse is great, but there will be hype, missteps, unintended uses, and probably even a dark side.

Lawyer independence is a significant issue with serious implications to the legal industry and society in general.

In the Metaverse, many rules that will govern interaction will be defined by terms and conditions in the contract signed to participate on a Metaverse platform.

While early, there is tremendous promise and opportunity for legal professionals as new types of issues surface in the virtual world.

In the finance world, material weaknesses -- or instances when a company doesn’t have control over its financial reporting -- are a bad problem to have.

Law firms and attorneys have an opportunity to tailor their counsel by acquiring a better understanding of their clients’ needs.

Consider a few ideas as you develop budget plans for the upcoming year, especially if you feel that there might be a better way.

Is there any way to close the gap or keep from falling further behind?

The findings have a number of implications that outside firms should keep in mind.

The survey results clearly indicate that technology leaders fared better during the pandemic than their peers – but what exactly made those organizations more successful?

Here are some areas that law firms and attorneys can focus on, while they leave the more boring tasks to the robots.

Changes won’t happen overnight, and some of them will certainly be influenced by market dynamics as consumer attitudes and buying power evolve.

The innovation process can sometimes yield ideas that are beyond the understanding of the target audience.

Here are some tips that can help legal professionals understand how to navigate and interpret research to increase the successful outcomes of innovation.

How should legal professionals think about the pursuit of innovation?

The need for innovation -- applying people, processes, and technology to do something better, faster, or more efficiently -- has never been more important.

We’ve seen a transformation underway within the legal industry for some time now, and the pandemic is continuing to accelerate these changes.

The latest Future Ready Lawyer Survey confirmed that technology is playing an active role in performance and profitability.

Some of the changes seen in recent months exemplify the transformation that has, as a result of the pandemic, accelerated.

While it may be counterintuitive to start a law firm legal operations function, or add professionals to an existing legal operations department during a pandemic, the results just may be worth it.