The Power Of Legal Innovation with Jayne Reardon & Reid Trautz

by rp_admin

In this episode of Power Up Your Practice, Ruby Powers dives along with legal experts Jayne Reardon, Legal Ethicist, Litigator, ADR, and Reid Trautz, Lawyer and Practice Innovation Advisor to Law Firms, as they discuss the transformative impact of technology on the legal profession. Tune in to Power Up Your Practice to stay ahead in the ever-evolving landscape of law practice management.

Tune in to the episode to hear about:

* Technological Transformation: The conversation revolves around the transformative impact of technology, particularly generative AI, on the legal profession. There’s a focus on how technology is changing traditional legal processes and challenging the billable hour model.

* Access to Justice: The discussion highlights the importance of leveraging technology to enhance access to legal services. There’s a recognition that technological advancements can help bridge the gap in access to justice by making legal services more affordable and accessible to a wider population.

*Evolving Business Models: The emergence of new business models, such as subscription-based services, is explored. There’s an acknowledgement that traditional approaches to legal practice may need to adapt to accommodate changing client expectations and technological advancements.

*Regulatory Challenges: The conversation addresses the regulatory barriers that hinder innovation in the legal profession. Participants discuss the need for regulatory reforms to accommodate technological advancements and facilitate the delivery of legal services by non-lawyers in certain contexts.

*Ethical Considerations: The ethical implications of technological advancements, such as the unauthorized practice of law and fee structures, are examined. Participants emphasize the importance of maintaining ethical standards while embracing technological innovation in legal practice.

Learn more about Jayne Reardon and Reid Trautz:

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Welcome to Power Up Your Practice, the go-to law practice management podcast for law firm owners and managing attorneys working on the business, not in it. Hosted by Ruby Powers, your guide into the heart of law practice management. Each week, learn insights from leading legal minds, trailblazing attorneys, and expert guests who provide you with actionable advice, out-of-the-box solutions, and a fresh perspective on running your firm more effectively and efficiently. Prepare to open your mind, be inspired, and power up your practice to the next level.

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