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« Law Firm KM Paradox | Main | Legal Practice Niches & The Long Tail »

Feed the Network & the Network Feeds You

Busdecision Link: The Digestion Phase: How We Got Here And Where We Are Going Next. I like this metaphor of the "digestion phase." We are regrouping and the next wave is coming just as surely as night follows day. Although it may be possible that we head the other way, another bubble and another implosion, however these are just bumps in the road. Call me an eternal optimist (and the alternative is?). The status quo will be disrupted, followed by a new status quo, followed by more disruption. This march is inexorable. It always has been. The only difference now is that the rate of change is happening much faster that it has in the past--stay tuned because the change is happening on the wires, and this medium will swallow everything that has come before it.

Whence the law in all of this? Depends on what you mean by "the law." The law will try to keep up, but it will always lag--it always has, maybe now more than ever since the rate of change is accelerating.  The practice of law is likely to be impacted much more than "the law," and significantly sooner than one might expect. The "long tail" will rule as the network serves up economically viable niches for those willing to explore and nurture them. The wires represent the new evolving economic ecosystem. Many ships have already set sail, stand on the shores at your own risk.

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