Date post: | 02-Jul-2015 |
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Reading Industry Tea Leaves to Achieve
'Automation-Proof' Skills
10:35-11:35 AM | Tower Salon Ballroom A
Panelists
Jared Coseglia | President | TRU Staffing Partners
Andy Wilson | Co-Founder, CEO | Logik
Ann Pearson | Director | Paralegal Boot Camp
Jared Coseglia
President
TRU Staffing Partners
E-Discovery Staffing: A Quick History
• High price of processing• 20-40% salary increases in job moves• 30-40 AmLaw Directors/Managers per year
• Popular tools rule• Cost reduction or profit center• Tenure becomes valuable• 10-30% salary increases in job moves• New leaders build new practices
• Economic collapse changes everything• Processing pricing bottoms out• Rapid consolidation begins in vendors• Foreshadowing of law firms folding
• Rise of Relativity begins• New federal rules• Certification: vocation vs. education• Spotlight on Information Governance• Leadership layoffs• Temporary lit support staffing up 30%• Salaries flatline
• Consulting is king• Continued vendor consolidation• Compartmentalization of EDRM roles• TAR/CAR/PC arrives• Explosive project management demand
• Vendors shift focus to Fortune 1000• Managed services vs. enterprise
licensing (DIY vs. SaaS)• More hiring, lower salaries
Corporation Law Firm Vendor
Current Landscape
Law Firms
• Mostly In-Sourced
• Mostly Out-sourced
• Mega Hybrid Model
Vendors/Consultancies
• Relativity Vendors vs. Proprietary Vendors
• Niche Expertise vs. “All-In” Model
• Transactional vs. Managed Services
Corporations
• Forensic Collection
• Processing
• TAR and Litigators
Legal Technology Roles
• Processing Analyst
• Hosting Analyst
• Lit Support Analyst
• Software Developer
• Project Manager
• Project Coordinator
• Lit Support Manager
• Lit Support Director
• Sales
• Sales Engineer
• Consultant
Career PathwaysLeast advisory
Most advisory
H
and
s-o
n T
ech
nic
al
O
pe
ration
al/Ad
min
istrative
more
more
less
less
Computer Science Major
Legal IT Professional
Attorney
Paralegal
Entry Level Processing or Hosting Analyst
Software Developer
Operations Manager E-Discovery Project Manager
Legal Technology Sales Professional
Lit Support Analyst (firm)
Document Review Attorney
Processing
Lit Support Manager (firm)
Discovery Team Lead
Consultant Partner/Director
Sales Engineer/Legal Solutions Advisor Client Services Manager
Current and Future State
• Placement Stats
• Employer Stats
• Geography Stats
9
Placement Categories 2012
10
Placement Categories 2013
11
Placement Categories 2012 vs. 2013
2012 2013
• Less sales hiring• More consultant hiring• Consultants driving direct revenue• Compartmentalization of EDRM roles• Steady, unwavering PM demand
The Trends
12
Employer Categories 2012
13
Employer Categories 2013
14
Employer Categories 2012 vs. 2013
2012 2013
• Law firms outsourcing more, hiring less
• Very little analyst opportunity at law firms
• Slight uptick in in-house corporate hiring
• Dominant vendor growth with acceptance of master service agreement sales
• PMs becoming Consultants • Consultants in demand
The Trends
15
Placement Geography 2012
16
Placement Geography 2013
17
2012 2013
Placement Geography 2012 vs. 2013
• New York: still the capital of e-discovery• Significant D.C. growth• California getting quiet• Third-tier markets becoming second-tier
markets• E-Discovery is everywhere
The Trends
Alternative Career Paths
• Information Governance
• Information Security
• Privacy
• PMB Beyond Legal
• Legal & Data Analytics
• Risk Analysis
• Sales
• Solutions Architect
To Recap
• Where have we come from?
• How and why have we changed?
• The present landscape of the legal technology job market
• Professional pathways to pursue in the future
Andy Wilson
CEO & Co-Founder
Logikcull.com
21
“Software is eating the world.”
Venture Capitalist. Founder of Netscape.
Marc Andreessen
legal
22
And this is GOOD NEWS!
23
eDiscovery Tools Are More Usable
Time
Usability
20142002
High
Low
Lit supportAnalystsDirectors of IT
ParalegalsAttorneysCIO’s
24
...And More Affordable
Time
Price
2014 2002
High
Low
Server feesProcessing feesHosting feesUser feesEndorsing feesOCRing feesTIFFing feesECA feesFees to analyze the fees..
SubscriptionsManaged services
Access to justice!
25
This change is enabling
more legal professionals to
do more with less.
Fear Not...
26
...But
Push Here
Button pushers get automated
27
Are You A Button Pusher?
Answer this question:
“What percentage of your day is
spent doing repetitive software tasks
VS advising & project managing?”
28
Percentage of your day doing repetitive software tasks
0-25% 25-50% 50-75% 75-100%
Modern tool user Mild Button Pusher Aspiring Button Pusher Button Pusher
You want to be here!
You do not want to be here!
29
Avoid Being A Button Pusher
30
Then Again...
31
How?
32
Master the new tools
Not Concordance
33
Advise your team
Learn to sell your ideas
34
Teach your team
Become the NEW tool expert
35
Remember: We Used To Be Farmers
“In 1870, 70-80 percent of the US
population was employed in agriculture.”
Today? Less than 2%
36
Humans will always find new things to build
and do that you aren’t thinking about,
because they don’t yet exist.
Ann Pearson
Director
Paralegal Boot Camp
If you wait for your law firm to advance your career, you could be waiting for a long time.
The Tale of Two Paralegals
Nancy Erica
Nancy • Bachelor’s Degree
• Paralegal Certificate
• Works in Litigation
• 10 years of experience
• Stable work history
• Great performance reviews
• Major metropolitan city
• Hired at ABC Law Firm 4 yrs ago
Paralegal at AmLaw 100 Firm
Paralegal at AmLaw 100 Firm
Erica• Bachelor’s Degree
• Paralegal Certificate
• Works in Litigation
• 10 years of experience
• Stable work history
• Great performance reviews
• Major metropolitan city
• Hired at ABC Law Firm 4 yrs ago
The Tale of Two Paralegals
What’s the difference?
What will 2019 bring?
1999 2009
Education• For credits
• For skills
Networking• For now
• For future
Entrepreneur
Thinking
•Your job
•Your career
Your Career
Your Questions
?
Join us for lunch in Tower Salon Ballrooms A & B
Next Panel Begins At 12:35