Peer to Peer Magazine

June 2010

The quarterly publication of the International Legal Technology Association

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Page 39 of 111

features PAGE 42 Law2020TM The Future Starts Now by John Alber 2007 was the most profitable year for law firms on record. As the decade turned, however, a shadow loomed. Not only had the economy turned sour, but clients were in revolt against high legal fees and at the billable hour itself. In 2010, it’s clear that a sea change is taking place, and law firms face the prospect of the most dynamic and threatening decade of the last fifty years. Some firms will emerge from this decade thriving. Some will treat the changing environment as a field of opportunities and from that field will harvest real growth. Law2020, ILTA’s forward- looking educational initiative, will provide thought- leadership across the ten years ahead. And it starts here! PAGE 53 The Revolution Has Already Happened by David Hill PAGE 58 Private Equity Investment in Law Firms: A Reality Abroad, but Merely a Pipe Dream Stateside? by Steve Butterworth PAGE 62 From Bricks and Mortar to Clicks and Mortar: Building Virtual Law Firms by Amanda Morris PAGE 66 The Reality of a Virtual Law Firm an Interview with David Goldenberg PAGE 72 A Lofty View from the Year 2020 by Scott Bravi PAGE 78 How to Tame the Wild West by Miki Kim PAGE 82 Law Anywhere, Anytime: The 2020 Vision by Daniel Pelc, Esq. Peer to Peer the quarterly magazine of ILTA 41

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