Fast-Tracked: Emergent Issues in the Legal Profession Upheaval Underway: How AI Is Reshaping the Legal Industry
Jun 6, 2025
Jae Um, Co-Founder and Chief Growth Officer at Lumio, shares her expertise on the evolving legal landscape. She discusses how AI is reshaping legal practices and the rise of 'bionic boutiques.' Listeners will learn about the need for specialized approaches in law firms and the critical adjustments required in legal education. Jae emphasizes the importance of strategic innovation post-COVID-19 and encourages embracing adaptability and curiosity to thrive in the future legal ecosystem.
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2024: A Year of Reckoning
- 2024 marks a critical year where law firms' strategic choices start showing tangible results.
- Firms are evolving with clearer identity and purpose, shaping the future legal landscape.
Core Vectors of Firm Strategy
- Law firm strategy involves choices about practice, geography, client sectors, service models and branding.
- These decisions intertwine with their history and culture to shape future success and identity.
Start Strategic Change Now
- It's never too late for a law firm to start making strategic changes.
- The best time to plant a tree was 20 years ago; the second best time is now.