This issue of VQ Newsletter is dedicated to the seventh VQ Knowledge and Strategy Forum, held on 18 October 2016 in Stockholm. More than 180 law firm managers, general counsels and other legal market professionals attended the forum for discussions on the changing legal market and the future of legal service.
This year’s main theme was reinvention and disruptive innovation. During the day, the speakers explored the impact of the current technological advances and the need for innovation and business development to prepare for the potential disruption of the legal market from different perspectives. Special focus was also given to the new blockchain technology and how it will drive the development further with smart contracts and support for automated processes. Furthermore, the risks involved with the developments was address as regards quality, ethics, client relationship and more.
In addition to providing insights on the changing legal market, the forum also aimed to create a platform for inspiring meetings and exchange of ideas between law firms and clients on how to adapt to the new legal market in a constructive way and how to further develop successful client-law firm relationships.