Radiant Law CEO Alex Hamilton has been interviewed for Global Legal Challenges, sharing his vision of the future of the legal profession.
“What would you say are the current challenges in the legal industry?
I think there are three key trends affecting the world of commercial contracts, where Radiant Law operates.
First, we have seen the never-ending upward march of billable rates from the traditional law firms. This was one of the key factors that led to the dramatic rise in in-house teams, with the number of in-house lawyers more than doubling in the last 15 years. The legal industry itself is driving the rise of in-house teams…
How do you think will the legal industry be in 5-10 years from now?
It is hard to read. On the one hand, there is an increase in the need for help because the world has become more complex. However, on the other hand, there is a deep frustration with the legal industry. These are turbulent times…”
Read the full interview here.