London firms move to industrialise the law

Law firms in the City of London have undergone a quiet revolution in the last few years - with appropriate resourcing at the right level of lawyer a common theme.

The legal profession must adapt, for the first time in more than 100 years, to unprecedented market change

This is one of the conclusions of ‘Innovation in the City: The quiet revolution’, a report published by Legal Futures in association with Thomson Reuters. The report says: ‘A common theme is far greater sophistication in the way matters are resourced, with work assigned to the appropriate level of lawyer/non-lawyer, combined with smart technology. We have not reached Professor Richard Susskind’s vision of a matter being decomposed into its constituent parts, with each one resourced as appropriate – whether internally or externally – but the process is making firms focus on what they are good at.’ Source: Legal Futures

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