2. Nea Welling
•Legal counsel, M&A and
Corporate law
•Fondia’s Marketing Law
Guru
•Mother of two monkeys
•Basketball coach
2
Sini Majlander
•Legal counsel, Dispute
Resolution
•Fondia’s DigiQueen
•Sports and food
enthusiast
•Dog owner
4. 4
1. Scale, scope and complexity unlike anything
humankind has experienced.
2. Disrupting every industry.
3. Speed with no historical precedent.
4. Transformation of entire systems of
production, management, and governance.
5. A fusion of technologies blurring the lines
between physical, digital, and biological
spheres.
5. •No official or all inclusive
definition.
•Driving force is digitization.
•Digitalization: digitization
affecting the work and
functioning of people,
businesses and markets.
5
Ilmarinen & Koskela: Digitalisaatio – Yritysjohdon käsikirja,
Alma Talent, 2015
6. 6
Digitalization is the use of
digital technologies to change
a business model and provide
new revenue and value-
producing opportunities; it is
the process of moving to a
digital business.
Gartner, IT Glossary
7. 7
1.Customer centricity
2.From products to services
3.Agile and efficient
processes
4.Data and data analytics
5.Sharing of data and
knowledge
6.Application of new
technologies
(Fondia DigiResearch, 2018)
8. 8
“Lawyers have enjoyed being part of a relatively
protected and exclusive community, with… a
mystique that until now has meant they faced few
challenges from their clients in the way they
worked. The future will be far less comfortable…”
PATRICK DIXON,
ClobalChange.com
10. 10
1. Changes in the market environment
•Higher price pressure;
•Deconstruction of formerly homogeneous
legal services into different activities; and
•The rise of legal-process outsourcing
2. Exponential increase of legal data
11. 11
“In order to secure their future
competitiveness, law firms need to rethink core
parts of their business model to capture the
opportunities presented by legal technologies.”
How Legal Technology Will Change the Business of Law,
Boston Consulting Group and Bucerius Law School (2016)
12. 12
What are the skills and capabilities that
cannot be replaced by:
1. Advanced systems; or
2. By less costly workers supported by
technology or standard processes; or
3. By lay people armed with online self-help
tools?
13. 13
“Computer programs
could soon account for
30-50% of junior
lawyers’ work – as a
result of which more and
more lawyers’ jobs will
be at risk.”
JULIA BRÜNJES, BUCERIUS CLP
14. 14
Tomorrow’s lawyers need to:
•Concentrate on more demanding legal analysis
ensuring cost-efficiency and effectiveness;
•Master social skills, negotiation skills,
presentation skills;
•Embrace the idea of lifelong learning ;
•Combine different kind of work profiles;
•Possess technical skills.
15. 15
“Maybe in the future
you could be lawyer-
poets. Or lawyer-bakers.
What ever you would
like to combine with
your legal profession.”
LINDA LIUKAS
Children’s book author & founder of Rails Girls
16. 16
”Leaders of the future will have to be
visionary and be able to bring people
in - real communicators. These are
things that women bring to
leadership and executive positions,
and it's going to be incredibly
valuable and incredibly in demand.”
ANITA BORG,
Founder of the Institute for Women and Technology and
the Grace Hopper Celebration of Women in Computing