LawyerBots, Smart Contracts, and 3D Printing: Emerging Technologies Are Transforming Legal Services

Chicago, IL, March 7, 2018 (Newswire.com) - ​​Internationally acclaimed futurist Jack Uldrich is in Chicago today to talk about the future of the legal industry with Kirkland & Ellis, one of the top-grossing law firms in the world. The traditional legal services industry is being rapidly transformed by technology and Uldrich will share his insights on the potential opportunities and challenges this change could create​ for them. 

Uldrich will be discussing how emerging trends and technologies might impact legal services in some unexpected ways. For example, new 3D printing technology could challenge how intellectual property is protected since anyone can now scan and print items at their home or business for a small fraction of what duplicating a product would have cost even three years ago.

The key to future-proofing is embracing paradox: learning to unlearn, thinking about the unthinkable, recognizing failure as a key component of success, and understanding that an awareness of one's ignorance is a key component of true wisdom.

Jack Uldrich, Futurist & Founder of the School of Unlearning

Uldrich will also be covering the topic of artificial intelligence and what it means for law firms looking to automate routine or repetitive tasks. An example Uldrich cites is the recent announcement that an algorithm was able to best twenty human lawyers at reviewing non-disclosure agreements. The humans' average accuracy score was 85%. The algorithm? 94%. And it only took the computer twenty-six seconds to fully review all five agreements in the test! Uldrich says that examples like these should serve as a wake-up call to the legal industry. 

In addition to 3D printing and artificial intelligence, Uldrich will cover other emerging trends and some possible ways they could impact law firms in the future. Those trends include the sharing economy, autonomous transportation, nanotechnology, robotics, wearable computing, and blockchain technology. 

In his presentations, Uldrich frequently talks not just about the importance of being aware of new technology, but also the ability to unlearn old ways of doing things that may no longer be relevant in our fast-changing world. A big part of future-proofing is recognizing that "business-as-usual" may not be an acceptable strategy in the future. 

Uldrich says: "The key to future-proofing is embracing paradox: learning to unlearn, thinking about the unthinkable, recognizing failure as a key component of success, and understanding that an awareness of one's ignorance is a key component of true wisdom." 

A prolific speaker with more than 100 speaking engagements per year, Uldrich has delivered keynotes to organizations as diverse as Tech Mahindra, the American Public Power Association, the National Association of Manufacturers, Verizon, Farm Credit Service, IBM, Cisco, Siemens, and the International Card Manufacturers Association. 

To learn more about Uldrich, his books, his blog, or his speaking availability please visit his site, JackUldrich.com. 

Source: Jack Uldrich & The School of Unlearning