Law new is a popular catch-all industry term that includes terms such as legal tech, legal ops, ALSP’s, and legal innovation. It’s also a buzzword used to describe the way legal services are being delivered today—more specifically, by combining in-house resources with external service providers. Regardless of how the term is used, law new is part of a significant change process and can have a substantial impact on the legal industry, the businesses it serves, and society at large.
The pace of business and the complexity of global challenges require that we collaborate across functions, enterprises, and stakeholders to achieve meaningful, sustainable progress. The legal function is no exception. The industry is a natural partner in the broader collaboration process, having been a catalyst for many changes within and outside companies over the years. Collaboration is essential to surviving and thriving in the modern world, and it’s time for the legal industry to embrace law new.
Collaboration is the cornerstone of a legal industry that will more closely resemble the corporate customers it serves and society at large. This will include a more holistic diversity of human capital: cognitively, demographically, and culturally. This workforce will be more creative, technologically proficient, and empathetic. It will be integrated and customer-centric with a focus on delivering accessible, affordable, on-demand, legal products and services that address business challenges and capture opportunities at the speed of business and society.
One such example of law new is the recently enacted Open Meetings Law in New York State. The law requires public disclosure of meetings held by city councils, town boards, village boards of trustees, school boards, commissions, legislative bodies, and committees and subcommittees that are part of these entities.
This legislation is the latest step in the movement toward a more transparent, accountable government that reflects our values and priorities as a people. It is also a good reminder that even as our country faces serious challenges, we can continue to make progress towards better days and a brighter future for our families and communities.
Another example is the recent legislation that bans gender bias in pricing for personal care products like shampoo and cosmetics. This is an important step to help women feel empowered in their purchases and will help prevent retailers from exploiting shoppers based on their gender.
Trafalgar Law, the pirate from the hit anime series One Piece, is another example of law new in action. While he’s not yet at his peak, he is gaining experience with his Devil Fruit and receiving Haki upgrades that could eventually put him on par with the Yonko of the Sea. This is a lesson that every legal firm can use to their advantage. By embracing law new, they can offer the type of assistance clients need without negatively impacting other areas that might be their primary focus. This will help them grow and discover new sources of revenue.