Ride the Lightning

Wall Street Journal: "Every Business is a Technology Business."

February 19, 2015

Ain't it the truth?

And so, on February 16th, the Wall Street Journal announced that its B-Section, formerly known as "Marketplace" would now be known as "Business and Tech."

As the WSJ noted, "Algorithms direct our doctors and instruct our farmers. They will increasingly guide nearly every function in the modern enterprise. This is why it’s likely that your company’s next CEO is currently a CIO."

Law firms should take note of this small but significant development. Our industry is not immune to what's happening, however much we exhibit a tendency to cling to the practice of law the way it used to be. Those lawyers who remain hidebound will inevitably go the way of the dodo bird.

The message here is "No matter what business you're in, you absolutely must embrace technology."

Hat tip to Jim Calloway.

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