The Future of Law – Law New

law new

– Law New

The accelerating pace of business change, significant global challenges that cannot be mastered by any single function, enterprise or stakeholder group and customer/end-user expectations of a seamless, accessible, affordable, efficient, practical and solutions-based legal environment require collaboration. Historically, the legal function has been a key component of that broader collaborative process. But, this is not enough. The future of law is being shaped by collaboration in an entirely new way that requires legal to play an entirely different role.

Unlike the traditional approach of the law as a repository of legal codes and precedent, law new is about delivering integrated, agile and on-demand solutions for specific business challenges using resources sourced from outside the firm or in-house legal department. In doing so, law new will radically alter the economics of legal delivery and free up management time to focus on strategic and operational initiatives.

It will also help legal departments achieve their most important goals: eradicating waste, driving efficiency and cost-out, eliminating risk, enabling agility and responsiveness to customer/end-user needs and improving the predictability of results.

Law new will be characterized by an integrated platform-based delivery structure from which agile, fluid and on-demand resources with verifiable and material legal expertise and experience can be sourced. It will not be driven by adherence to a legacy economic model of input and remuneration but by the success metrics of customer/end-user outcomes, business performance and net promoter score.

Despite this, it is likely that large law firms and in-house legal departments will remain the dominant provider sources. They will do so by expanding horizontally and, to a lesser extent, vertically through joint ventures, managed services and other collaborative mechanisms. But, even these will be supplemented by legal service providers with the scale, brand, capital, know-how, customer-centricity, data mastery, technology platforms and foot in/familiarity with the legal industry to drive a fundamental shift in the economics of legal delivery.

The process of enacting a federal bill in Congress begins when a member of either the House of Representatives or the Senate introduces a draft. Upon being introduced, the draft is assigned to a committee where it will be researched, discussed, changed and voted on. If the bill passes, it will be sent to the other chamber of Congress for a similar process. If the legislation is passed by both chambers, it will become a federal law.

In the latest chapter of One Piece, fans saw Law show off his awakened powers from his Devil Fruit (Ope Ope no Mi). This allowed him to take on and beat Yonko Big Mom. It will be interesting to see what else he can do in the future as he continues to grow stronger and take on other Emperors.