Facebook is the grandaddy of social media. Founded in 2004, it is by no means the oldest service, but by a huge margin it is the largest, boasting in excess of two billion users worldwide. Although it is used primarily for personal networking purposes, documenting the lives and thoughts of its users to help them keep in touch with family and friends, it is also a highly effective business marketing platform.
Internet Newsletter for Lawyers
Edited by Nick Holmes and Delia Venables
There have been two distinct waves of foundings of alternative legal services providers (ALSPs): one from 1999 to 2007, including outsourcing companies such as Integreon, Axiom, Relativity, Consilio, Exigent, Pangea3 and Lawyers On Demand; and then another from 2010 to 2015, including the new wave of tech companies such as Neota Logic, Ravel Law, ROSS Intel and Kira Systems.
The gap between these two waves is likely due to the financial crisis and Great Recession of 2007–08 – as is, I would suggest, the second wave itself, which rapidly developed in response to the widespread demand for better value from corporate clients following the recession.
Yet today, according to the Thomson Reuters 2017 Alternative Legal Service Study, alternative legal services provision (“non-law-firms” basically) is an $8.4 billion industry worldwide – and that figure doesn’t include companies that make legal technology to carry out legal tasks, which is probably at least another couple billion and change. So we’re talking about a sector that has generated tens of billions of dollars over the last couple of decades, at least 1 per cent of global legal spend annually, from a standing start the year Titanic was released.
I think that’s pretty impressive. And like many people, I’ve not seen much reason why this sector couldn’t continue to grow just as fast in the years to come. Yet there’s at least some data out there to suggest that that growth has stalled recently. Why so?
Under the Bar Council scheme launched in 2004, members of the public and businesses may now instruct barristers directly and without the intervention of a solicitor. There has been a lot of talk and discussion on this new “freedom” since then, along the lines of the following questions:
- Will it benefit members of the public?
- How easy is it to find, assess and then engage a direct access barrister?
- Will it be better for barristers willing to work directly with their clients? Will it be more profitable?
- What effect will it have on solicitors? Will this reduce their market share?
- What new methods are emerging for managing Direct access work?
This article is an attempt to find answers to these questions and generally to ask, “How is it going?”
The answer to this question is, of course, “It depends.” It depends on the context.
First, let’s get some terminology out of the way. We are all familiar with a domain name, like example.com. The bit in front of a domain name, www or whatever, is a subdomain. The domain name without any prefix is sometimes referred to as a “bare” or “naked” domain.
What’s the www for?
Originally the www subdomain prefix was intended to refer to the website within a particular domain, as opposed to other subdomains like ftp (referring to the file transfer site) and so on. Web publishers will now often use a subdomain to host their blog (eg blog.example.com) or for particular large areas of their website, such as areas of legal practice (eg commercial.example.com).
Legal research is regarded as one of the necessary expenses of the legal profession. It’s a task that needs to be done to ensure that arguments are robust, and to build the most comprehensive case possible, but it is a time-consuming task. This is why legal research is often delegated to trainees and newly qualified solicitors, who are less expensive than those more established in the profession. However, while this does make legal research cheaper to conduct, it certainly does not make it cheap.
In order to get an idea of the true costs of legal research, we recently conducted a case study with a firm based in the west of England, with a focus on those who carry out this research on a day-to-day basis. We examined their newly qualified head count of over 50, and their average salary of £40,000. After determining that they spend 30% to 40% of their time conducting research, this resulted in an estimated salary bill of over £750,000 for legal research.
This article is about a new product created by my firm called Crosselerator™ which I immodestly believe is likely to be one of the most profitable pieces of software for users that they’ll ever own. It was producing enquiries for us almost as soon as we started using it, and as I write this (Jan 2018) we are still 2 months away from any serious marketing. If you want to skip the “why” and just look at the “how”, scroll down to “How it Works”; the detail is in the series of videos on the Crosselerator YouTube channel. It takes only 15 minutes to watch them all.
We describe Crosselerator as “the software that turns everyday email into income – every day”. It is the first tech product our firm has built where the target market is not specifically professional practices: it can be used by any “silo” business (most largeish businesses are).
It’s already past the season for annual predictions which have become a staple of the legal tech media. Generally these predictions rely heavily on the direction taken by technologies in the last year, so I thought it would be more fruitful to look at what we collectively learned in 2017, without any added crystal ball-gazing. I asked several Newsletter contributors for their main takeaways from 2017. What particularly engaged them?
It has been apparent for some time that the biggest tech companies, Google, Facebook, Amazon, Apple, Twitter, have grown too large for our collective good. 2017 was the year we finally started trying to figure out how to do something about that. We look here at the huge “platforms” in particular. AI and court reform were other big issues of the day.
Our 2017 review continues with AI, social media, machine learning, algorithms and robots taking jobs.
Our 2017 review continues with developments in the courts.
To date, the main legacy of the Brexit referendum of 2016 appears to be a country split in half: some badly wish the UK would continue to be a member of the EU and some are equally keen on making a move. Yet, there seems to be at least one thing on which Remainers and Leavers will agree: nobody knows exactly what is going to happen. The same is true of the effect of Brexit on UK data protection. However, as Brexit day approaches, it is becoming imperative for those with responsibility for data protection compliance to make some crucial strategic decisions. To help with that process, here are some pointers about what we know and what we don’t know.
With contributions from Gordon Healiss, Norma Laming and Greig Duncan
When I set up my web page on Transcription www.venables.co.uk/transcription.htm several years ago, it all seemed rather straightforward. I described the methods of input and output, the speed of the transcription, the security of the process and the cost.
Now, the concept of transcription has developed many new strands, in which the original concept of a transcription service from an external company is still present, albeit with great improvements in the input and output process, but with alternative options now also available, including voice recognition as the method of input and a process of automatic document generation, now merging with concepts of artificial intelligence.
In this article, I present three key strands of this topic.
Links are fundamental to the web; without them it would literally not exist. So, it is surprising that legal advice on linking usually starts by counselling the linker that they should first obtain permission. See, for example, Linking and Framing on Out-Law.com (admittedly, that was 2008) and Think before you link on Pitmans’ Insights (2017).
Not only is this impractical, but also most sites are in fact keen for others to link to them for the attendant “eyeballs” and the “Google juice”. So, whilst strictly in law permission is needed, in practice we can assume permission if we link responsibly.
- Developments in ODR and the online court
- Re-consenting to marketing under GDPR?
- IT and practice management for chambers
- Cryptocurrencies explained
- When and how to use 301 redirects
- Algorithms in law
- Online justice news
- The Law Society Guide to Good Practice
- Automated Intelligence – a strategy that delivers tangible business benefits today
- 7 steps to mitigating risk and reducing your law firm’s professional indemnity premium
- Latest articles feed
- PDFs of the Newsletter
- Legal Web Watch