Will Top Law Firms Become Software Companies?
Contracts and the law itself represent the logic that governs the relationship of two or more people. Whether the relationship consists of a buyer and seller of an office building, a debtor and creditor or a major financial institution and its regulator, those relationships can all be distilled into a series of if/then and other logic operations. Any reader who has even a basic understanding of computer programming will immediately see the similarities between these relationships and coding. My suspicion is that the evolution of the legal profession over the next 5 to 10 years is likely to dwarf the last 18 (or 100 for that matter). In fact, to call it an evolution is probably misleading—utter disruption is probably a much better description of what is to come.