Law new can mean a number of things but at the core it is about benefiting clients. The best way to do this is by embracing technology and finding ways of delivering legal services that are cost effective and focused on process. It’s also about deploying staff in a non-traditional way such as using contract lawyers, managing teams and outsourcing. It’s about being more fluid and collaborative just as competitors in other industries do.
For example, GM, Ford and Honda routinely collaborate on research and development projects as part of their business strategies. They have even formed joint ventures with some of their rivals. It’s time that law firms began doing the same.
A few years ago, law firms started to think in terms of “new law” as a means to save costs and deliver value. This was done by reducing overhead, cutting salaries and moving work to lower cost locations. This was the beginning of a change in focus that is now looking at new models of delivering legal services.
This is an important trend in a profession that has traditionally been seen as risk averse and resistant to change. This is a major shift that needs to take place in order for the legal industry to meet the challenges of the 21st century.
New law will be shaped by two principal sources: large scale legal buyer activism; and corporate Goliaths that have the brand, capital, know-how, customer-centricity, data mastery, tech platforms and agile, multidisciplinary workforces to disrupt the industry. Legal buyers are increasingly demanding that their vendors bring significant value to them and their customers, reduce cost of service, improve performance, eliminate waste, drive productivity and free up management time and resources to pursue new business opportunities.
The New Laws were a series of legislative reforms passed by the Spanish government in 1542. The reforms were designed to address issues relating to the treatment of native peoples, encomienda grants, and reorganize the overseas colonial administration.
The New Laws stipulated that encomienda grants could not be inherited by descendants and prohibited enslavement of Indians. The New Laws were opposed by encomenderos, who feared that the new laws would allow their slaves to demand freedom and revolt against them. In response, Viceroy Blasco Nunez Vela created a general captainship to ensure that the New Laws were enforced. Despite this, the New Laws did not fully abolish slavery in the colonial world. However, they did reduce the amount of enslavement that took place in America and were a significant step towards eventual abolition. The New Laws also established fierce defences of the rights of indigenous peoples. The New Laws were a crucial turning point in the history of colonization. The New Laws also established a stricter standard for the conquest of new territories, ensuring that the colonizers treated indigenous peoples with the same respect that they were accorded in Spain. This was a crucial first step towards protecting the rights of indigenous peoples all over the globe.