Law New in New York

law new

Law new is the term used to describe a number of different methods of legal delivery that focus on client impact and deliver value in a way that departs from traditional practice models. It includes alternative legal services providers, tech-enabled solutions, and even the collaborations among large law firms and in-house departments.

Law new takes inspiration from a host of different business and technology approaches, with the most common being leveraging established business processes, technology, and multidisciplinary expertise (non-lawyers). The result is a solution that is faster, more practical, cheaper, and more predictable than previously possible.

This is a significant change from the legal industry’s legacy of inefficient, inflexible, and expensive practices that rely heavily on lawyer billing hours. It is an approach that will not only benefit individual clients but will also help firms and in-house teams meet the increasing demands of their clients.

Legal industry leaders like Dentons and DLA are expanding by horizontal and, less frequently, vertical integration to create integrated platforms from which agile, on-demand resources with verifiable, material expertise and experience can be sourced. It is an approach that will allow firms and in-house teams to integrate the delivery of their legal services with business operations, erasing artificial, lawyer-created distinctions between provider sources, while delivering on growing cost takeout goals.

The new law environment will be collaborative, transparent, accessible, affordable, efficient, and data-backed. It will be a secure repository of collective experience and will allow lawyers to provide faster, more practical, and more predictable solutions to once “bespoke” legal matters. Platforms will allow a broad range of stakeholders to participate in developing solutions that improve the way we work and live. They will enable us to solve complex, global challenges that cannot be mastered by a single function, organization, or stakeholder group. They will bring together the best of all worlds – the power of a centralized legal department with the flexibility of the cloud, the speed and agility of a startup, the security of an enterprise-grade platform, and the data insights of the most sophisticated businesses in the world.

New York is a state with a vast body of laws, including a huge number of regulations promulgated by state agencies and a large volume of decisions, opinions, and rulings issued by courts. Together these constitute delegated legislation, and are compiled in the New York Codes, Rules and Regulations.