The Future of Legal Services report was prepared by three Law Society committees and a literature review. Essentially, it predicts how the legal market landscape could change over the next five years. Increased awareness of future trends helps ensure that business decisions are aligned with future market changes Reports introduce readers to topics and discuss emerging implications. The report examines the likely impact of trends on the legal market. Therefore, it will be valuable for those who are concerned about the future recruitment and skills development of their lawyers. And also the development of new legal services and products. In addition, familiarity with such developments will be the basis of business knowledge and lawyers` ability to conduct meaningful business conversations with their clients. What will be the most important trends shaping the world over the next decade? How will this future world affect and change the legal profession? As a lawyer or partner in a law firm, how can you prepare for this future? We took an “inside out” look at the world of work and applied the Verge framework to look at the future of the legal profession. The results are presented in a granular way to include the perception of the world in the years 2020 to 2030, 2030 to 2040 and 2040 to 2050. The project was created to bring together an exceptional group of thinkers to have raw, honest and honest discussions about clients` future needs and to examine the legal business models that will meet them. Occasional layered analysis (CLA) is a tool that allows you to imagine possible or preferred futures. Our Future Worlds 2050 project was launched to examine the changes and uncertainties in the legal profession in England and Wales over the next 30 years through the lens of global trade and competition. Take a look at how climate change could affect the legal sector: In a recent report, the Law Society outlined its vision of what the legal market will look like in 2020.
In June 2021, we conducted the second half of our workshop on the future of work. This horizon scanning radar displays the most important political, economic, legal and technological events and factors on a target map to show the timing and severity of their impact. Developing a climate-friendly approach to legal practice with us Our foresight snapshots are very short briefings on a topic and issues to consider – designed to be used as internal discussion stimuli in member firms/legal teams. While some smaller law firms may argue that such global forces are unlikely to impact their practices in the near term, these factors will increasingly affect their markets and business clients – as well as consumer expectations – in the future. This radar maps the potential risks for the legal sector. Read our first Future Worlds 2050 project report Our Horizon Scanning reports are designed to cover a range of topics that will drive change over the next five to 10 years. To facilitate environmental scans of the legal sector and law firms (e.g. PESTLE analyses), I have tried to summarize the main findings of the Law Society`s research report “Future Worlds 2050: images of the future worlds facing the legal profession 2020-2030”, published on June 8 by its Futures & Insight team. The report was prepared in collaboration with legal market research agency Acritas (now part of Thomson Reuters) and Infinite Futures. Future Worlds 2050: Images of the Future Worlds of the Legal Profession 2020-2030 (PDF 4 MB) There are rapid developments in artificial intelligence (AI) that will have a significant impact both on the legal profession and on a number of legal fields themselves. As part of the Law Society`s Prospective Scanning series, this article explores the potential impact of AI technology on legal services and its impact on legal processes, workplaces and values. More reports here: www.lawsociety.org.uk/topics/research/horizon-scanning Climate change is the greatest discernible threat to humanity.
For the legal sector, the climate crisis brings new and complex issues in terms of investment and assets, attribution, justice and accountability. (The Law Society has already carried out a SSLEEP analysis of the UK legal market in its 2016 report entitled “The Future of Legal Services”). The Future Worlds project began in January 2020 and included secondary research, three cycles of a Delphi panel, economic modeling, and interviews with 45 experts from various industries. The report also raises some interesting points regarding: changes in the legal sector have been on the agenda in recent years, and further reforms are on the horizon as the government continues to consult with industry, particularly with respect to regulation. With further changes in the market and a changing landscape around regulation, it could be said that this will increase and expand competition. Who will be able to own, access and use the data in the future? The report also highlighted what it sees as the main drivers of change: This first report focuses on emerging issues that are likely to dominate and influence law, advocacy, and society in the years 2020 to 2030. Join Tara Chittenden, Law Society`s Manager of Foresight, and Victoria Ward and Wendy Schultz of Jigsaw Foresight to speak to interesting people who practice forward-thinking in a variety of industries. The pace of development and application of AI and other new technologies poses significant challenges for the legal industry in terms of: This includes discussing the impact of future developments on your business. Watch our video to learn more about the framework we use for our foresight and foresight studies: In April 2021, we hosted a foresight workshop on the future of work that explored where law and advocacy might fit into that future. We modelled possible futures in the world of work and their possible effects.
They bring their ideas to future thinking in the legal profession and share how they use the tools of the future in their own profession. Watch the video for an overview of the ideas generated during the session: In June 2021, we hosted a second workshop that addressed the underlying metaphors and symbols that shape the structures and values of member organizations. Data expertise is increasingly needed in all professions. and professional power: lawyers, accountants and . The possibilities of the geopolitical landscape raise questions about trade, political leadership, and tensions between nationalism and globalization, including: Share your support for our climate resolution on social media and use the hashtag #LawSocClimateResolution We used occasional layered analysis (CLA) to examine the underlying causes and worldviews that contribute to a buy-in situation. The summary shows the following key trends: This quote really appealed to me: “On-screen interaction forces you to schedule a meeting. The chance encounter at the water dispenser is missing. You meet someone because you have something to say, there is no spontaneous conversation, every conversation is strategic” (Shruti Ajitsaria, Fuse, A&O).