The Twice Shy Entrepreneur

Link: The Twice Shy Entrepreneur. Mike has hit it "spot on" (as the Brits like to say). Definitely harder to be an optimist the second or third time around when you have gotten the living crap kicked out of you on previous occasions. That is why "Big Law" is far less likely to innovate using "cutting edge" technology than, say, the "young turks." Why? Because the partners (and other naysayers) remember the bad technology investments of the past. They remember "drinking the cool aid" and becoming quite ill from the experience.

The young turks, more or less born wired, don't know any better. The technology has matured and become less expensive. They are still believers in the "promised productivity" improvements--and because of all the above some of them will actually "crack the code" and redefine the practice of law.