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Digitalization of the Legal Field and the Future of Large Law Firms

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  • Salvatore Caserta

    (iCourts, the Centre of Excellence for International Courts, Faculty of Law, University of Copenhagen, Karen Blixens Plads 16, 2300 Copenhagen, Denmark)

Abstract

This paper discusses how large law firms should re-organize themselves to maintain a competitive edge in the increasingly digitalized legal field. While providing a brief historical introduction to the rise of large law firms and the challenges posed by the rise of digital capitalism and the gig economy, the paper proposes an original and radical approach to reforming large law firms in the light of the digitalization. Among other things, the paper discusses (I) the partnership as organizational tool for large law firms in an increasingly digital and agile legal field; (II) the importance of multidisciplinary practices and of the relationship between lawyers and non-lawyers within firms; and (III) the centrality of outsourcing strategies to legal tech companies and other actors in order to deliver legal services more effectively and in a more client-oriented manner.

Suggested Citation

  • Salvatore Caserta, 2020. "Digitalization of the Legal Field and the Future of Large Law Firms," Laws, MDPI, vol. 9(2), pages 1-23, June.
    • Handle: RePEc:gam:jlawss:v:9:y:2020:i:2:p:14-:d:374340
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    References listed on IDEAS

    as
    1. Marcelo Corrales & Mark Fenwick & Helena Haapio, 2019. "Digital Technologies, Legal Design and the Future of the Legal Profession," Perspectives in Law, Business and Innovation, in: Marcelo Corrales & Mark Fenwick & Helena Haapio (ed.), Legal Tech, Smart Contracts and Blockchain, pages 1-15, Springer.
    2. Mark Ross, 2017. "Legal Process Outsourcing: Redefining the Legal Services Delivery Model," Management for Professionals, in: Kai Jacob & Dierk Schindler & Roger Strathausen (ed.), Liquid Legal, pages 77-88, Springer.
    3. Eve Chiapello & Luc Boltanski, 1999. "Le nouvel esprit du capitalisme," Post-Print hal-00680085, HAL.
    4. Abi Adams & Judith Freedman & Jeremias Prassl, 2018. "Rethinking legal taxonomies for the gig economy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 34(3), pages 475-494.
    5. Salvatore Caserta & Mikael Rask Madsen, 2019. "The Legal Profession in the Era of Digital Capitalism: Disruption or New Dawn?," Laws, MDPI, vol. 8(1), pages 1-17, January.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Esther Salmerón-Manzano, 2021. "Laws and Emerging Technologies," Laws, MDPI, vol. 10(2), pages 1-3, June.
    2. Esther Salmerón-Manzano, 2021. "Legaltech and Lawtech: Global Perspectives, Challenges, and Opportunities," Laws, MDPI, vol. 10(2), pages 1-9, April.

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