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Advances in technologies such as artificial intelligence, robotics, nanotechnology and biotechnology have the potential to disrupt the rules of the game for every industry.

Challengers with big dreams, new tools and a "can do" attitude are creating new sources of value, changing the face of competition and disrupting the foundations on which our industries and institutions are built.

To prepare your business for the changes ahead you need to adopt a fresh approach to strategy and leadership, and be ready to disrupt your business before someone else does it for you.

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The Evolution of the Legal Services Market: A Future History in 5 Stages

This article was first published on 14 December 2012.

I really like this paper for a couple of reasons.

Firstly, it does a wonderful job of describing the disruptive challenges faced by the legal services industry.  These are challenges that I very firmly believe extend way beyond the legal profession to cover most all professional services providers (accountants, engineers, doctors etc.).

Secondly, it provides a very well thought through perspective on the likely evolution of the legal services industry.  In particular, the author does a great job of describing the distinctive features of each of the five phases he believes the industry will transition through.

I highly recommend this article to anyone with an interest in the future of legal services and professional services more generally.

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