Across conference tables and networking sessions at the recent Lawyers Weekly Boutique Law Summit in Sydney, delegates were abuzz about how to take on the future.

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“There won’t be enough work to keep all traditional lawyers in practice, because the market will have moved to different ways of solving problems,” says Prof Richard Susskind OBE, President of the Society of Computers & Law in the UK.

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The Australian and international legal markets are changing and are changing at an accelerated pace. The rise of ‘NewLaw’ firms and fixed-price legal services in particular are prompting traditional law firms to respond.

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Any GC or legal ops director worth their salt knows they face two stark realities: doing nothing is no longer an option; but whatever they do first has to work and must do so quickly and within budget.

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