[A previous version of this article appeared in Legal Business World, the LAC Group, and ILTA's Peer to Peer Magazine] “Ironically, the popular business press, focused on hot, emerging industries, is prone to presenting these special cases as proof that we have entered a new era of competition in which none of the old rules … Continue reading A Principled Approach to Legal Tech Adoption
Category: Principles
Are Law Firms as Profitable as They Could Be?
[This article previously appeared on Slaw.ca] It is pretty clear that, in the past, lawyers did a great job disrupting themselves. The term “disruption” comes from Clayton Christensen’s observation that the ability of a company to make a higher and higher performing product always outstrips the ability of customers to make use of these performance improvements. … Continue reading Are Law Firms as Profitable as They Could Be?
The Industrialization of Law
As published on The Lawyer's Daily. A more concise version of a previous article. -- In early 2016, Archer Daniels Midland ("ADM"), a Fortune 50 company, were working with 700 law firms. Six months later, they were working with only 20. Last year, Microsoft brought in 12 of its top law firms to ask "what … Continue reading The Industrialization of Law
Convenience is King
[Note: this article previously appeared on Slaw.com and Legal Business World] Intro I recently saw an exciting legal tech product that has a lot of potential. I think it could make many people's lives much easier. And a partner wants to mandate its usage! You can probably see where this is going. It was a … Continue reading Convenience is King
A detailed comparison of technology adopter types
Everett Rogers developed the now-standard framework for how an innovation diffuses throughout society. Geoffrey Moore went into greater detail on the adopter types. I understood conceptually that these various groups are based on certain differences, but it wasn't until I mapped these out (based on Moores book) that I realized how distinct these groups really … Continue reading A detailed comparison of technology adopter types
Principle #5: Own your customer’s success
Note: for the full essay click here. Recall Principle #1: people do not like to feel “owned” or told what to do. But they do like to be “owned” if what that means is a vendor (or change agent) taking ongoing responsibility for the success of their joint ventures. Especially with newer products, there is … Continue reading Principle #5: Own your customer’s success
Principle #4: Until you break into the mainstream, focus your efforts on a single user group
Note: for the full essay click here. From Essentialism: The Disciplined Pursuit of Less by Gregg McKeown Despite the number of times he repeats the importance of focus in his materials, the number one question Geoffrey Moore gets about crossing the chasm is Can’t we go after more than one target? His answer is unequivocal: “Just … Continue reading Principle #4: Until you break into the mainstream, focus your efforts on a single user group
Principle #3: Focus your efforts on the immediate challenge
Note: for the full essay click here. You must move linearly through the market segments of innovators, then early adopters, then pragmatists, and finally conservatives (see below). If there is new technology involved, “Do not go straight to mass deployment: if you try, you will not pass Go, and you will not collect $200.” Mainstream users (pragmatists … Continue reading Principle #3: Focus your efforts on the immediate challenge
Principle #2: Pair the right products with the right users
Note: for the full essay click here. Your adoption efforts are most effective when you pair the maturity of a technology with the right demographic. You can either bring a product to the relevant group; or pick a group and see what products would be the best fit. Either way, the viewpoint of the segment … Continue reading Principle #2: Pair the right products with the right users
Principle #1: Put relationships first
Note: for the full essay click here. If you build long-term relationships, you will have more influence than any amount of short-term relevance will get you. Bill Henderson, a very influential legal innovator himself, has modelled this rule exceptionally well. One of the foundational articles on his website reminds us that “the change agent is … Continue reading Principle #1: Put relationships first