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==Background narrative== | ==Background narrative== | ||
Lawyers are being asked to do more with what they have. | |||
: | :'''New products''': crypto, deFi, DAOs | ||
: | :'''New risk environment''': more volatility (energy, crypto, equities, inflation), more risk of default (archegos, [[GameStop]], evergrande, supply-chain disruptions | ||
: | :'''New/fracturing regulations''': Brexit aftermath, China clampdowns, regulatory investigations in aftermath of Greensill, Archegos, etc. | ||
Lawyers are expected to be agile, tech-literate, process focused, and avoid getting bogged down in lower value work where there are more effective/efficient alternative solutions. | |||
==A thought experiment== | |||
{{subtable| | {{subtable| | ||
'''Fever dream''' | '''Fever dream''' | ||
It is 2525, the age of Aquarius. and the atmosphere is suffused with nanobots, pleasure-droids, self-aware microbes and [[Artificial intelligence|artificially intelligent]] homunculi floating on the ''aether'', doing everything, and carrying out every factotal task ''except'' the formulation pure essence of brilliant, ineffable [[eaglery]]. | |||
In that Utpoian world,<ref>Bear with me, okay?</ref> what | In that Utpoian world,<ref>Bear with me, okay?</ref> what ''[[res legis]]'', the disembodied essence of lawyer, uploaded to the matrix and at one with the worldwide [[Singularity]], having solved all possible triage, exhausted all outsourcing oppounities, and infinitely divided labour, still have to do? | ||
And how does that compare with the | And how does that compare with the non-platonic reality of how it is today?}} | ||
==Messy reality== | |||
What operational processes and process regularities are | What operational processes and process regularities are lawyers currently involved in | ||
*Approvals | *Approvals | ||
*Escalations | *Escalations | ||
* | *Certifications | ||
*Executions | *Executions | ||
*Regular | *Regular working-groups | ||
* | *Recurring diary events | ||
As how these could be reorganised to empower others and take legal out of the loop | As how these could be reorganised to empower others and take legal out of the loop? | ||
Opportunity to reassess/redefine legal role against that background to be: | Opportunity to reassess/redefine legal role against that background to be: | ||
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===Great canards of inhouse legal=== | ===Great canards of inhouse legal=== | ||
*“I am not qualified in that jurisdiction” | *“I am not qualified in that jurisdiction”: Shop-steward behaviour from the international federation of law societies. | ||
*“That is a legal question and I am not qualified to answer it”: work-to-rule from those in other functions and business units. | |||
===Theories=== | ===Theories=== |