At High Performance Counsel, we pride ourselves on asking the right questions – which are typically also the tough questions. So any of these four questions taken from our infamous #BakersDozen interview is arguably an essay in its own right.

These are broad-reaching considerations that go deep into the heart of the present legal arena and speak to the shape and substance of the legal industry that is surely emerging. Most would accept that some change is already evident and that more can be expected – but just how much and what form(s) will it take? How fast can this be expected to occur? Importantly, what does the future hold for new and younger generations – and how might that reflect in the advice we offer.

So it is that our new #BakersBest 4X4 Series brings together the thoughts and insights of top thought-leaders and practitioners in the space – a coming together around the same questions in a sharing of timely perspective.

We hope you enjoy this.

  • DO YOU THINK THE LEGAL INDUSTRY IS HEADED IN THE RIGHT DIRECTION, THE WRONG DIRECTION – OR WHICH DIRECTION?
  • HOW DEEP DO YOU THINK WILL BE THE INROADS OF TECHNOLOGY IN THE INDUSTRY?
  • WHAT ADVICE WOULD YOU GIVE TO THE YOUNGER GENERATION CONTEMPLATING LAW AS A CAREER?
  • WHAT DO YOU CONSIDER IS THE GREATEST CHALLENGE FACING THE INDUSTRY?
CALEB KING

#4

DO YOU THINK THE LEGAL INDUSTRY IS HEADED IN THE RIGHT DIRECTION, THE WRONG DIRECTION – OR WHICH DIRECTION?

As long as the industry continues to listen to its clients, I think that it’s headed in the right direction. Corporate clients are happy to pay for wisdom but reluctant to over pay for a commodity service. Third party servicers and software providers are scrambling to fill the gap. Mplace, for instance, is simply the most effective and efficient way to source a document review team.
On the other end of the spectrum, individual clients want cost effective access to the legal system. Business of law companies like LegalZoom and AVVO are addressing that need.

#7

HOW DEEP DO YOU THINK WILL BE THE INROADS OF TECHNOLOGY IN THE INDUSTRY?

I believe we are beginning to see more legal organizations adopt leading technology and that the inroads of technology in the legal industry will only grow deeper.

#14

WHAT ADVICE WOULD YOU GIVE TO THE YOUNGER GENERATION CONTEMPLATING LAW AS A CAREER?

Do your diligence. Law school is super interesting, but if you are going to take on a mountain of debt, be realistic about what your life is going to be like. Lives of lawyers on television are probably not consistent with what lawyers do on a day-to-day basis. If you think it’s a fast ticket to the upper middle class, then I think you are probably wrong. But if you have a passion for the law, follow your passion. Because if you are passionate about something, you will always succeed.  This website – www.lawschooltransparency.com — is a great place to start your due diligence.

#6

WHAT DO YOU CONSIDER IS THE GREATEST CHALLENGE FACING THE INDUSTRY?

The greatest challenge the industry faces is adjusting its business model to continue to deliver the high level of service that blue chip clients have come to expect, while engaging and retaining todays millennial work force. 

DENNIS GARCIA

#4

DO YOU THINK THE LEGAL INDUSTRY IS HEADED IN THE RIGHT DIRECTION, THE WRONG DIRECTION – OR WHICH DIRECTION?

While I think the legal industry is headed in the right direction, I do think it can accelerate its movement in the right direction by being more open to embracing (1) change, (2) technology, (3) a “growth mindset” mentality; and (4) greater diversity and inclusion.

#7

HOW DEEP DO YOU THINK WILL BE THE INROADS OF TECHNOLOGY IN THE INDUSTRY?

I believe we are beginning to see more legal organizations adopt leading technology and that the inroads of technology in the legal industry will only grow deeper.

#14

WHAT ADVICE WOULD YOU GIVE TO THE YOUNGER GENERATION CONTEMPLATING LAW AS A CAREER?

While I do think our profession will always need outstanding lawyers, nowadays attending law school is a huge financial commitment and finding employment after law school is not guaranteed. I would encourage our younger generation to carefully consider whether law as a career makes sense for them. If so, there are great opportunities to drive impact and serve others.

#6

WHAT DO YOU CONSIDER IS THE GREATEST CHALLENGE FACING THE INDUSTRY?

Any unwillingness to change, adapt and transform.

SARVARTH MISRA

#4

DO YOU THINK THE LEGAL INDUSTRY IS HEADED IN THE RIGHT DIRECTION, THE WRONG DIRECTION – OR WHICH DIRECTION?

The legal industry is headed in a new direction, that’s for sure, and that’s facilitated by tech like ours. I’m an optimist so I consider it to be the right direction, but there are still so many barriers to faster change – mainly focused around reluctance to do away with old business models and the billable hour.

#7

HOW DEEP DO YOU THINK WILL BE THE INROADS OF TECHNOLOGY IN THE INDUSTRY?

If the past few years are anything to go by, technology inroads within the industry are going to be very deep. Law in 2025 will have no resemblance to the current state.

#14

WHAT ADVICE WOULD YOU GIVE TO THE YOUNGER GENERATION CONTEMPLATING LAW AS A CAREER?

It’s a great time to be joining the legal field especially as it is going through rapid changes: keep an open mind, challenge the traditional norms, think out of the box and be ready to innovate.

#6

WHAT DO YOU CONSIDER IS THE GREATEST CHALLENGE FACING THE INDUSTRY?

Old Law is finding it challenging to adapt to New Law. We have seen so many law firms going through bankruptcy as they have failed to innovate and change with time.

Mark A Cohen

#4

DO YOU THINK THE LEGAL INDUSTRY IS HEADED IN THE RIGHT DIRECTION, THE WRONG DIRECTION – OR WHICH DIRECTION?

It’s certainly headed in a different direction, one where clients will have more and better options than simply retaining traditional law rms. Also, the access to justice crisis will be meaningfully addressed. So yes, it’s headed in the right direction. Of course, many lawyers might see it differently since they won’t be making the money they once did—though the exceptional ones will.

#7

HOW DEEP DO YOU THINK WILL BE THE INROADS OF TECHNOLOGY IN THE INDUSTRY?

They will be profound. Look at how technology has affected medicine, for example, as well as other professions and industries. Law is just behind presently.

#14

WHAT ADVICE WOULD YOU GIVE TO THE YOUNGER GENERATION CONTEMPLATING LAW AS A CAREER?

Learn your craft and take a holistic view of law and its relation to other disciplines. Law is a means to an end, not an end to itself.

#6

WHAT DO YOU CONSIDER IS THE GREATEST CHALLENGE FACING THE INDUSTRY?

Lawyers who resist change and don’t understand client frustration.