8 critical factors that enable U.S. lawyers to innovate

As we kick-start the new year, we are reflecting on our conversations with US-based lawyers from the 2018 North America FT Innovative Lawyers report. We have identified 8 critical factors that enable top lawyers to innovate for their clients, which we explore in the latest edition of our How To? Innovation Strategies for Law Firms report.

Here’s a snap-shot of the 8 factors, identifying those that are essential, important, helpful and emerging:

3 insights from our How To? Innovation Strategies for Law Firms report:

1. The US currently lags behind Europe in leveraging technology and non-legal professionals to handle complex matters. We expect this to move up the pecking order of factors over the next two years.
2. Effective collaboration based on trust is the dominant factor behind most legal innovation. It is increasingly essential that lawyers can navigate dynamic, multi-spoke working relationships with various touchpoints in the client, several internal teams and a wider variety of other professional disciplines.
3. The idea of the Eureka moment is a fallacy in the profession. Great legal ideas, arguments and strategies take time to mature. They require time, often years, of thinking and development.

About RSGi: How To? Innovation Strategies for Law Firms

To find out more about RSG insights into law firm innovation strategies and to purchase the latest edition of the RSGi: How To? Innovation Strategies for Law Firms report, please contact Alexander Muncey (alexander.muncey@rsgconsulting.com) or Yasmin Lambert (Yasmin.lambert@rsgconsulting.com)