Charting the Path to Progress: The State of the Legal Industry
Exclusive Webinar Recap and Takeaways
Are we ready for what's next?
As society grapples with new economic volatility, a global pandemic, rising inequality, and extraordinary technological innovation – are we ready for what’s next? Recently, Lighthouse CEO Brian McManus welcomed expert economic forecaster and former CNBC chief economist and Squawk Box co-host Marci Rossell for a lively discussion centered around current global macroeconomic trends and their effect on the legal industry. Their insightful conversation touched on:
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The recent inflation spike, including causes, trends, the direct impact on the legal and ediscovery industry, and what to expect in the coming months.
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The macroeconomic causes for “the great resignation,” its effect on the legal and ediscovery industries, and the permanent ways in which this unprecedented movement has fundamentally changed the global workforce.
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The continued expectation for more diversity, equity, and inclusion (DE&I) within organizations by clients and consumers, and the benefits the legal industry has reaped from focusing on DE&I.
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The state of technology adoption globally, specifically the impact of AI technology on worldwide economies, and how this technology is changing the future of the legal and ediscovery industries.
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The current state of the global regulatory landscape, including how increased regulatory activity has impacted the global economy, as well as an overview of recent M&A regulatory changes and what to expect in the coming year.
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The current state of global data privacy landscape, including recent regulations and fines, as well as what to expect in 2022.
Check out our full recap here.
"(DE&I) matters to the next generation. As talent becomes scarcer and the balance of power shifts away from employers to employees, [the next generation of workers] is going to demand not only a flexible workforce but a diverse and inclusive environment to work in."
Marci Rossell
(DE&I) matters to the next generation. As talent becomes scarcer and the balance of power shifts away from employers to employees, [the next generation of workers] is going to demand not only a flexible workforce but a diverse and inclusive environment to work in.
Marci Rossell
"One place in our industry where I think AI will have a big impact is in document review. The industry still follows a traditional approach with large groups of lawyers reviewing massive volumes of text and that approach is just untenable."
Brian McManus