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&lt;p&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;The&amp;nbsp;&lt;/font&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;second installment&lt;/font&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt; of the College of Law (UK) podcast series is an interview with &lt;/font&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;Richard Susskind&lt;/font&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;, author of &lt;i&gt;The End of Lawyers? &lt;/i&gt;and all-around legal industry futurist guru.&lt;span&gt;&amp;nbsp; &lt;/span&gt;Susskind talks about disintermediation, external investment, commoditization, the Rio Tinto experiment, the Axiom model, and more.&lt;span&gt;&amp;nbsp; &lt;/span&gt;(Via &lt;/font&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;Charon QC&lt;/font&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;.)&lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;Some excerpts:&lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;i&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font size=&quot;2&quot;&gt;[There will be much less of]&amp;nbsp;the traditional one-to-one consultative advisory bespoke service delivered on an hourly billing basis.&amp;nbsp; So if you read John Grisham or watch &amp;#8216;Rumpole of the Bailey&amp;#8217; &amp;#8230; the models of legal service we see there will think not disappear, but will diminish.&lt;/font&gt;&lt;/font&gt;&lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;i&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font size=&quot;2&quot;&gt;Routine and repetitive work is being done by junior lawyers at very high hourly rate: this has got to stop.&lt;/font&gt;&lt;/font&gt;&lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;i&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font size=&quot;2&quot;&gt;The efficiency strategy calls for people to rethink their real estate strategy: do we need the buildings?&amp;nbsp;&lt;/font&gt;&lt;/font&gt;&lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;i&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font size=&quot;2&quot;&gt;Well, there&amp;#8217;s two kinds of change in life, isn&amp;#8217;t there, there&amp;#8217;s evolution and revolution, and it&amp;#8217;s quite hard as a government to be anything other than evolutionary.&amp;nbsp; In my heart I feel the whole legal services sector needs some revolution, and this is what external investment brings, it brings people who aren&amp;#8217;t burdened by the past, there&amp;#8217;s no legacy, it&amp;#8217;s a blank sheet of paper with a big market.&amp;nbsp;&lt;/font&gt;&lt;/font&gt;&lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;i&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font size=&quot;2&quot;&gt;There&amp;#8217;s millions of people employed in this sector around the world, it fundamentally affects everyone&amp;#8217;s existence, and yet no-one&amp;#8217;s thinking much more than 18 months ahead.&lt;/font&gt;&lt;/font&gt;&lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;Listen to whole thing &lt;/font&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;here&lt;/font&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;.&lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;Bonus:&lt;span&gt;&amp;nbsp; &lt;/span&gt;The College of Law&amp;#8217;s web site features a &lt;a href=&quot;http://www.college-of-law.co.uk/jargon-buster-a-k.html&quot; target=&quot;_blank&quot;&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;Jargon Buster&lt;/font&gt;&lt;/a&gt;&lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;font face=&quot;Calibri&quot; size=&quot;2&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -posted by brian&lt;/font&gt;&lt;/p&gt;

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