Liquid Legal - Transforming Legal into a Business Savvy, Information Enabled and Performance Driven Industry (Book)
‘Transforming Legal into a Business Savvy, Information Enabled & Performance Driven Industry’ is the first Liquid Legal book. It is published by Springer.
Above all, the book compels the legal profession to question its current identity and to aspire to become a strategic partner for corporate executives, clients and stakeholders, transforming legal into a function that creates incremental value. It provides a uniquely broad range of forward-looking perspectives from several different key-players in the legal industry. These include in-house legal, law firms, LPOs, legal tech, HR, associations in addition to academia. This publication is a platform for leading legal professionals, and offers a new perspective on the accelerating transformation in the legal industry.
Contributors include Mari Sako (Saïd Business School, Oxford University), Rainer Markfort (Dentons) and many more.
Combining expert contributions with editorial insights, the book argues that the new legal function will shift from a paradigm of security to one of opportunity. Furthermore, it suggests that future corporate lawyers will no longer primarily be negotiators, litigators and administrators. Instead they will be coaches, arbiters and intrapreneurs. Additionally, the book argues that legal knowledge and data-based services will become a commodity. In the same vein, analytics and measurement will be key drivers of the future of the profession. To sum up, this is a must-read for all legal professionals, and sets the course for revitalizing the profession.
You may also be interested in the LLI’s second Liquid Legal book, ‘Towards a Common Legal Platform’. See here for full details.