We've touched this topic a few times in our journey and I am sure that there will be more to be discovered and revealed. It reminded me of a book I read a while ago on "Blue Ocean Marketing" which I found amazing. It basically talks about creating new markets as opposed to competing with the existing ones. Companies like Apple, Google or Amazon followed this path to some extent, which set them apart from the crowd. I personally find creativity an imminent element that has the ability to revolutionise our lives every single day. It is like a fuel to our inner and outer purpose. We have to agree at least on this one. However, why are there so few revolutionary companies...
Everytime I think of the word "purpose" my mind takes me to the very early years of my life when life seemed like a fairytale and an endless opportunity. I still think that way, although some of my very old dreams have been crushed quite a few times. I strongly believe that a life lived without purpose is a life not worth living. Purpose should show up in our lives as the alarm clock, as the meals we are choosing for ourselves everyday, the activities we do, the places we travel to and of course what we choose to do for living. One should not take this decision lightly. Our purpose should ignite our eyes just at the thought of it. Unfortunately, oftentimes,...
The concept of trust takes many shapes and forms in Rachel Botsman's book called "Who do we trust?". I personally found her book very unique and justifying with certainty the very famous statement, known to most of us "do not judge a book by its cover". Rachel Botsman managed to ask hundreds of people about what trust meant to them and to her surprise, the received answers were very different. What we know for sure is that trust is an interchangeable and constantly evolving concept. It is probably one of the most transforming terms that is constantly evolving and shaping our world. Without trust there will be no relationships, no institutions, no growth and what drives the growth today, technology? Rachel Botsamn defines trust as the...
Advancements in artificial intelligence (AI) have been going forward at a rapid pace, and we have all seen the results in our day-to-day lives. Watching AI both create and eradicate jobs begs the question, “will AI ever be able to replace the legal professional?”. Fortunately, the answer is “no”, but the two will have to learn to co-exist. While AI will substantially change the way law firms work, those that chose to embrace it will find themselves with a significant advantage over their competitors. This new technology will automate and expedite the more routine work that comes with being a lawyer. According to Forbes.com, “It’s predicted AI will eliminate most paralegal and legal research positions within the next decade”. This...
Law firms around the world are still looking for ways to cope with COVID-19 and its impact, and so do law firms in Asia. While they are being exposed to many opportunities, some of them more exciting than the others, certain things will never be the same. The first quarter of 2020 brought a complete or partial lock down in almost every jurisdiction in Asia, which impacted business and legal work in a negative way. While deals have been held up due to the inability to accomplish certain tasks that were once taken for granted, Asian law firms for the most part have been engaged in keeping the staff safe and ensuring business continuity. Technology allowed law firms to move...
