Are we witnessing a huge step forward in legal document processing using the kind of image-sorting technology we take for granted in everyday lives? Quite likely.
CEOs and directors have a fiduciary responsibility to learn about and understand the relevant trends that are evolving, maturing, and even going obsolete, as you read this.
Alan is Sr. Associate General Counsel for Wal-Mart Stores, Inc. where his responsibilities include leading the Office of Outside Counsel Management and Legal Operations.
As Mark Cohen points out in his recent Forbes article, lawyers will work alongside “robots” and, as we already know, there are a large number of legal functions that can be replaced by technology. That number will undoubtedly increase.
What we believe is real, and will eventually be proven again as real to the Street, is that customers, and employees are the two key drivers of corporate success. When I say “again” I’m referring to Peter Drucker’s famous quote from decades ago: “the purpose of a business is to create and keep customers.” So many seem to have forgotten this, or have never even heard of it.
Our #LegalMosaic Series collects insights from the brilliant mind of Mark Cohen.