Globalization Era, Cyber Age, Virtual World, Information Century. All these modern jargons can barely fit in the shoes of a lawyer. There was an author in US who said that the new economy leveraged on the basis of Google economy is still far beyond and an exception to the life of two kinds of people ie. lawyers and PR people. To them, a piece of information is a privilege, and thus it can never be commoditized or virtualized, as it is going to strike at the cornerstone of their survival. Confidentiality of information is regarded as their strength. How late this kind of mentality gonna end remains to be seen. In short, majority of them would scoff off any idea of having a Google-kind of legal services industry.
The time has come for a fundamental change in practice and methodology of practising law. But neither do I agree whole-heartedly with the concept of commoditization of every thing in this world. No formula is a failure-proof formula. Let's look at Apple, which is a fundamentally different business idealist in contrary to Google-like business. Premium-based business still rules.
What about legal services?
Tuesday, April 27, 2010
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