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Category: #LegalMosaic

Mark Cohen Speaks: ‘Legal Innovation’ Is Not An Oxymoron — It’s Farther Along Than You Think

Mark Cohen writes: The legal industry is known for adherence to precedent, not innovation. While precedent remains a guiding principle in the practice of law, innovation is transforming the models, methods, and players involved in the buy/sell process of legal services. Mark A. Cohen is  both a Forbes and HPC Contributor. A widely-recognized and respected industry observer, he is also a valued member of the HPC Advisory Board.

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On #LegalMosaic: Mark Cohen Discusses “The Future Lawyer”

HPC Contributor and Advisory Board Member Mark Cohen opines on the future role of lawyers and the special role they still have to play in society. As the lawyers of the future recreate the legal marketplace, they must zealously defend the rule of law. Its defense will be their most important matter, a constant reminder of what it means to be a lawyer and why the profession is so important to preserving the freedoms so many take for granted.

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Legal Delivery Is Becoming Digitized. What Does That Mean?

The features of digitized legal providers are becoming well-defined– they are customer centric, tech and process enabled, agile, diverse, accessible to clients in real-time, intelligent, globally branded, scalable, multi-disciplinary, and enterprise focused. Few—if any—law firms fit this description. The Big Four accounting firms, Accenture, IBM, and others certainly do. Consider that General Electric recently moved its global in-house tax department to PriceWaterhouse Coopers. Law firms should take notice. This is the next phase of legal digitization: managed legal services.

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Mark Cohen On #LegalMosaic: Artificial Intelligence Will Not Replace Lawyers With IQ And EQ

There are three categories of intelligence in the legal vertical–intellectual, emotional, and artificial. Many lawyers have elevated IQ’s, though relatively few seem to possess high EQ’s– commonly called ‘people skills’. Only the best lawyers—trusted advisers– have both. Artificial intelligence (AI), a recent entrant in the legal vertical, scores high on IQ, but the jury is still out on whether machines can develop comparable EQ.

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Mark Cohen: Your Trusted Legal Adviser May Not Be A Lawyer

Mark Cohen: “Just as outstanding legal practitioners emerge as ‘trusted advisers,’ so too is there an emergent cadre of ‘trusted adviser’ legal service providers that may or may not be lawyers. Translation: legal delivery is not just about lawyers anymore. Mark Cohen is a valued Contributor and Advisory Board member. His article originally appeared on Forbes.

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