Hello!
I'd say that making blockchain in IP the main focus might come across as a bit niche for this kind of question (although it sounds like an interesting discussion!). Even though the firm has a strong IP practice, the prompt is really about how the legal profession as a whole is changing, so an answer that is too narrow might not show the broader commercial awareness that they're looking for.
If I was answering this question, I'd be more inclined to start with the major forces shaping the sector on a wider scale - things such as AI, automation, digital transformation, changing client expectations, more data-driven decision-making, and the increasing need for lawyers to have both legal and technological fluency. These trends are affecting firms across all practice areas and speak directly to how the role of a lawyer is evolving in terms of skills, service delivery, and the types of problems that clients are now seeking advice for.
You can still bring blockchain into the discussion, but I'd use it as a single example rather than the focus of your answer. For instance, you could mention blockchain as one of the emerging technologies creating new legal challenges in areas like IP and digital assets, and then relate that back to how firms need to adapt, innovate, and build specialist knowledge to stay competitive.
This way, you show a focused insight without losing sight of the bigger picture, which is ultimately what the question is trying to showcase.
I hope that assists, and best of luck with the application!