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May 26, 2017

Summary:

In this Darwin episode, guest host Dean Sonderegger of Wolters Kluwer Law & Business projects what will happen to the law industry in the wake of technological advancement. He experienced this change in the tax industry, and has several predictions on how software technologies will impact how firms provide their services for their clients in the future.

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Show Notes:

00:00 Intro

00:00 Host Dean Sonderegger of Wolters Kluwer

00:50 Similar changes in tax industry now in legal industry

01:02 Debate of the work of attorneys that could be done by computers

01:58 The value story for an attorney

03:10 Three ways technology changes this

04:07 What happened in the tax market

06:39 Efficiency is being driven by software

07:39 What about corporate tax market?

10:44 Cybersecurity is important

11:03 You will see automation of repeatable activities

11:38 Document analytics

12:07 Customers will get a better deal