Special Committee on the Future Practice of Law

This Special Committee has been formed to research the evolving legal marketplace and how new technology and innovations are shaping the practice of law.

Chair
Waller Lansden Dortch & Davis...
511 Union Street, Suite 2700
Nashville , TN 37219
Twitter: @ajbahou
LinkedIn: ajbahou/
(615)850-8542

Atrium Lays off Most Staff in Restructuring

Atrium, a company that launched in 2017 with the promise of transforming the delivery of legal services, has laid off most of its legal staff in a restructuring, the ABA Journal reports. The company says it will keep a small group of partners to serve clients with strategic services and work with its network of law firms to deliver general corporate legal services, but will now focus on building a professional services network that supports startups. Atrium launched in 2017 as two companies: Atrium Legal Technology Services, which was created to develop technology to automate repetitive tasks, and Atrium LLP, which was to provide legal services to startups.

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Report Finds ‘Revolutionary’ Changes Afoot in Legal Market

The 2020 Report on the State of the Legal Market was released this week by Georgetown Law’s Center on Ethics and the Legal Profession and Thomson Reuters Legal Executive Institute, the ABA Journal reports. The report concludes that “revolutionary changes are afoot” in the legal services market and if law firms fail to take account of these changes, their future financial performance likely would be affected. Changes identified by the report include firms increasingly using nonlegal professionals for expertise on topics such as pricing, project management and technology; turning to alternative legal services providers for e-discovery, research, litigation support and document review; and investing in and using technology to improve legal work processes. The way clients interact with their legal counsel also is changing, the report says, with clients driving service providers to be more collaborative, adopt integrated technology platforms and deliver value-based pricing.

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