What is Law New?

law new

The legal industry is changing. It’s no longer just about cutting salaries or finding less expensive operating locations. It’s about deploying resources in a more strategic way to unleash potential and offer the kind of help that clients need now. This shift is called law new, and it’s not an easy concept to pin down.

The future of law is collaborative, customer-centric, agile and data-driven. It’s about the integration of the legal function into the businesses and societies it serves, not preserving its legacy delivery models, outdated legal education and self-regulation mechanisms. It’s about focusing on customer impact that produces high net promoter scores, not self-congratulatory awards and profit preservation.

A new generation of leaders is entering the leadership ranks at top law firms. This is good news for the profession but also a challenge because they will bring new ideas and approaches to the business of legal services that have not yet been proven. It is important for these young professionals to know that the business of law is changing and to adapt in order to meet the needs of today’s clients.

As the global economy continues to evolve and change at a rapid pace, it is imperative that the legal industry adapts. The need for change is driven by business realities, significant market disruption and the growing need to address significant social challenges that cannot be mastered by one person, functional department, enterprise or society. The need for legal change is being driven by the demand to be more responsive to customers’ needs, reduce cost and risk, drive innovation, support business growth, enhance productivity, and increase profitability.

Legal technology is no longer an end in itself for many “legal techies.” Fit-for-purpose technology should be part of a comprehensive strategy that delivers on a specific, material legal challenge.

The people’s right to review the documents and statistics that lead to governmental decision-making is fundamental to our society. Access to this information should not be thwarted by shrouding it in confidentiality.

This bill would amend the City’s data breach notification laws to align them with requirements under New York State’s SHIELD Act and make certain definitions more consistent with State law. It would also expand the scope of the City’s duty to disclose a security incident involving personal identifying information of individuals to the Office of Cyber Command and other appropriate City agencies.

This collection of legislation is a useful tool for researching the current state of the law in various areas and can be viewed on the NYS Legislature website or by searching for bills by topic. This collection is not intended to be a complete compilation of the law in any area and should be used for general research purposes only. For more specific information, please consult a qualified attorney. The NYS Legislature has a variety of additional resources that can be found in the online Law Library. These resources include the Constitution of the State of New York and the statutes of the State of New York.