Hey everyone,
I'm currently working on Bird & Bird application and one of the questions they ask is "what will be the greatest innovation to influence the firm in the next 5 years and why?" I'm really not sure how to answer this question. As Bird&Bird is one of the law firms who are most advanced in their application of legal techs I did not want to talk about AIs. Also, technology in itself does not automatically mean innovation. So I decided to talk about law firms needing a new business model to tackle the competition from alternative legal service providers. Does this make sense...? I don't have a degree in business and I don't understand the exact business model they need, would this mean my answer would be too generic? I would really appreciate any suggestions.
I'm currently working on Bird & Bird application and one of the questions they ask is "what will be the greatest innovation to influence the firm in the next 5 years and why?" I'm really not sure how to answer this question. As Bird&Bird is one of the law firms who are most advanced in their application of legal techs I did not want to talk about AIs. Also, technology in itself does not automatically mean innovation. So I decided to talk about law firms needing a new business model to tackle the competition from alternative legal service providers. Does this make sense...? I don't have a degree in business and I don't understand the exact business model they need, would this mean my answer would be too generic? I would really appreciate any suggestions.