Jan 31, 2024
In the current climate, utilisation of new technologies is not
about “sprinkling magic AI dust” on one’s existing practice – it’s
about identifying efficiencies for clients whose expectations and
demands are shifting with the times and making one’s firm fit for
purpose, at a time in which competition is as fierce as ever.
In this episode of The Lawyers Weekly Show, host Jerome Doraisamy
is joined by Stirling and Rose managing partner James Myint to
discuss the value and meaning he derives from specialising in
technology, having skin in the game in advising clients on tech
advancements that his firm also looks at, the sister company his
firm is launching, the need for smaller legal practices to invest
in having multiple arms to the broader business, and how and why
striving for efficiencies across the board is so essential for
firms.
Mr Myint also delves into the headline takeaways and
implications from the tech evolution in recent times for law firms
big and small, how practice methodology is shifting or being
reinforced in the current climate, what it means to be competitive
and what a law firm can and should look like in the age of
artificial intelligence (AI), why the duty to be efficient has to
underpin a firm’s response to all market challenges, and the
questions that firms must be asking of themselves.
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If you have any questions about what you heard today, any topics of
interest you have in mind, or if you'd like to lend your voice to
the show, email editor@lawyersweekly.com.au for
more insights!