Evolve The Law Podcast - A Catalyst For Legal Innovation

Summary: In this Darwin episode of the Evolve Law podcast, Jeff Modisett, CEO of Nextlaw Global Referral Network analyzes trends in the legal industry. Predictions were made that large firms would take over, but technology has actually caused the opposite to occur. We explain what exactly is happening, and how firms can adapt and thrive to the changing industry. For the latest topics, trends and tech in the legal industry, subscribe to Evolve Law Podcast: A Catalyst for Legal Innovation. Listen as legal experts and leaders share insights about the legal industry. For more information, questions, or suggestions about our podcast feel free to email us at info@evolvelawnow.com   Show Notes: 00:00 Intro 00:28 Barbell effect debunked 00:36 Legal industry consolidated at top, fragmented at bottom 01:42 How do we know we are getting our money’s worth? 02:23 Outsourcing expected to grow 03:24 Firms measure cost not quality 03:44 Amazon prioritizes firms that are innovative 04:14 Law is targeted by disruptive technolo