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69 - Why the Big Four Haven’t Disrupted Law—Yet: A Conversation with Richard Tromans

Legal Innovation Spotlight

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Evolving Legal Models: Innovation vs. Tradition

This chapter explores the transformative potential of external capital and innovation within the legal industry, particularly emphasizing the challenges faced by traditional firms in adapting to modern demands. It highlights the crucial role of relationships and talent in successfully integrating technology, while discussing the contrasting traits of lawyers versus innovators. The dialogue ultimately predicts a gradual yet significant shift in the legal landscape driven by advancements and changes in ownership models.

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