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Is Now the Ideal Time to Start Your Law Practice?

By: Andrew Deen

 

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The field of law is ripe with fulfilling career opportunities for people passionate about justice. However, given the many changes society is undergoing at the moment, you may be wondering if now is a good time to start your law practice journey.

If you’re truly committed to pursuing a career as a lawyer, it’s vital that you gain an understanding of the current law landscape. By doing so, it’ll be easier for you to decide if now is the right time to pursue your lawyer-related goals.

Here’s an exploration of whether now is an ideal time for starting your law practice.

Understand That the Field of Law is Changing

The legal space has undergone many changes over the last century. Looking deeply into the current law field, you’ll find that the case is the same in modern times. However, the changes present in the current legal landscape are different than they’ve ever been before.

In particular, technology is playing an important role in the way that lawyers practice their professions. In fact, legal technology may even completely transform how professionals in this space practice for years to come.

Some important and impactful legal technology you should be aware of as an aspiring legal professional include:

  • Online and cloud-based file storage: In the past, law firms had to dedicate significant amounts of office space to the storage of physical records. Today, being able to both store and backup files digitally has made this unnecessary, saving law firms money and providing more space.
  • Electronic payment options: Across industries, invoicing could traditionally make it difficult for businesses to be paid by clients efficiently. Today, however, electronic payment options are greatly streamlining the process. 
  • Digital collaboration tools: In the past, when legal teams wanted to collaborate, they typically had to do so in person. In modern times, this has completely changed given the amazing access that digital collaboration tools to work remotely. 
  • Contract review software: Lawyers specializing in contractual law used to have to spend significant hours of their working days laboriously reading over documents. Contract review software has not only streamlined the process but has also reduced errors in the process. 
  • Artificial intelligence tools: From automating repetitive tasks to performing predictive modeling, AI tools are helping legal professionals be both more efficient and more effective at their jobs. In the near future, many believe that new innovations in AI technology will further help legal professionals. 
  • Data analysis software: In the past, data analysis was a long and complicated process for all lawyers. Today, data analysis software is making this process much easier and faster for legal professionals. 
  • Digital marketing tools: For smaller law firms, attracting clients through marketing efforts could be difficult and expensive. Today, however, up-and-coming firms have access to a variety of easy-to-use digital marketing tools that can help them get their names out there.

Now is a Great Time to Become a Lawyer 

Trademark Law Brand Patent Legislation And Justice Rights

Though innovations in technology are making some professional roles obsolete, this is far from the case for lawyers. Though technology is undoubtedly making a substantial impact on the legal landscape and the way that lawyers perform their roles, this can be seen as an asset for lawyers rather than a detriment.

In addition to these new tools, there are also more paths for lawyers than ever before. From having a wide variety of specialties to choose from to being able to work either as a solo lawyer or with a team, there are currently seemingly unlimited options for aspiring lawyers like yourself.

This being the case, if you’re thinking about becoming a lawyer, now is a great time to do so. In fact, given the major impact that technology is having on lawyers, it’s more than likely that many law schools will start prioritizing the process of teaching students how to utilize this technology. As such, now is an incredible time to start pursuing your law career and helping uphold justice.

Lawyers are Here to Stay 

Despite all of the changes happening in the law space, it’s still a great time to be a lawyer. From making a lucrative salary to making a beneficial impact on people’s lives, you have an opportunity to thrive as a legal professional. This being the case, don’t let changes in today’s world stop you from pursuing a fulfilling career as a lawyer.

Published: January 8, 2024
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Andrew Deen

Andrew Deen has been a consultant for startups in almost every industry from retail to medical devices and everything in between. He implements lean methodology and is currently writing a book about scaling up business. Twitter @AndrewDeen14.

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