A presentation from the Alaska ALA conference on the future of law practice.

1. Hello from the Future
Seven Trends Changing Practice Forever
by Matthew Homann
LexThink LLC

3. r.
ye
l aw
a
be
u ld
s ho
o u
Y

4. LexThink .com
innovation: for lawyers

5. @MattHomann

6. www.nonbillablehour.com

7. Shiny shiny
syndrome.

8. The one thing
that’s changing in
law practice is:
everything.

9. The future is already
here -- it’s just not
evenly distributed.
-William Gibson

10. The predictions that
seem most correct
are almost certain to
be wrong.
- Ray Kurzweil

11. Most people are more
comfortable with old
problems than with
new solutions.
- Charles Brower

12. All truths are easy to
understand once they
are discovered.
- Galileo Galilei

13. Why are lawyers so
bad at predicting the
future?

14. The practice of law depends
upon precedents. The
business of law does not.
© Matthew Homann 2010 All Rights Reserved

15. Just because
nobody is ready
for it doesn’t
make it less likely
to happen.

16. Leaders have
too much
invested in the
present to
prepare for the
future.

17. Ready to
party like
it’s 1999?
© Matthew Homann 2010 All Rights Reserved

18. One thing we
know is the
future isn’t ...
© Matthew Homann 2010 All Rights Reserved

19. Don’t be chicken.

20. Things change faster
than we expect.
© Matthew Homann 2010 All Rights Reserved

22. © Matthew Homann 2010 All Rights Reserved

23. Clients have
less attention
to pay than
ever before.

24. Access to information is now instant.

25. #7

26. Legal work will
be priced, not
predicted.

27. Lawyers rarely sell
what their clients
are buying.
© Matthew Homann 2010 All Rights Reserved

28. Time is not a
valid metric.

29. Firms Negotiate
Value, not on Price

30. #6

31. Client-focused metrics
will matter more

32. Clients will
dictate the
measurements
and monitor
them in real
time.

33. #5

34. Legal projects are
managed by managers
& lawyers are managed
like employees.

36. Managers manage to
results not time spent.

37. #4

38. Service Matters.

40. The ratings economy drives
client decision making.

41. Client surveys
happen in real
time.

42. Listening well
becomes a core
competency.

43. #3

44. All work
becomes
commoditized.

45. #2

46. The dawn of
the irrelevancy
of lawyers.

47. Clients demand the keys to
the knowledge machine.

48. #1

49. Young
Lawyers
Dissappear.

50. What can I do?

52. LexThink .com
innovation: for lawyers

53. @MattHomann

54. www.NonBillableHour.com