The lawyer of the future as “transaction engineer”: Digital technologies and the disruption of the legal profession

Mark Fenwick, Erik P.M. Vermeulen

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter introduces two connected arguments about the future of the legal profession. First, the ongoing “digital revolution” will continue to disrupt legal work as it has traditionally operated. Various aspects of this disruption are outlined. Second, in contrast to previous technological revolutions, the “deployment” of disruptive innovation in the context of the digital revolution seems unlikely to be primarily “state-led.” Instead, new technologies will be deployed by a coalition of diverse private actors (entrepreneurs, technologists, consultants, and other professionals) working in collaboration. Crucial amongst these actors will be the lawyer of the future operating as “transaction engineer.” The chapter outlines this transaction engineer function and its importance in the deployment of emerging digital technologies.

Original languageEnglish
Title of host publicationPerspectives in Law, Business and Innovation
PublisherSpringer
Pages253-272
Number of pages20
DOIs
Publication statusPublished - Jan 1 2019

Publication series

NamePerspectives in Law, Business and Innovation
ISSN (Print)2520-1875
ISSN (Electronic)2520-1883

Fingerprint

legal profession
lawyer
transaction
engineer
Engineers
entrepreneur
coalition
new technology
Lead
Innovation
innovation
Legal profession
Digital technology
Lawyers
Disruption
Technological revolution
Entrepreneurs
Disruptive innovation
Consultants

All Science Journal Classification (ASJC) codes

  • Law
  • Management of Technology and Innovation

Cite this

Fenwick, M., & Vermeulen, E. P. M. (2019). The lawyer of the future as “transaction engineer”: Digital technologies and the disruption of the legal profession. In Perspectives in Law, Business and Innovation (pp. 253-272). (Perspectives in Law, Business and Innovation). Springer. https://doi.org/10.1007/978-981-13-6086-2_10

The lawyer of the future as “transaction engineer” : Digital technologies and the disruption of the legal profession. / Fenwick, Mark; Vermeulen, Erik P.M.

Perspectives in Law, Business and Innovation. Springer, 2019. p. 253-272 (Perspectives in Law, Business and Innovation).

Research output: Chapter in Book/Report/Conference proceedingChapter

Fenwick, M & Vermeulen, EPM 2019, The lawyer of the future as “transaction engineer”: Digital technologies and the disruption of the legal profession. in Perspectives in Law, Business and Innovation. Perspectives in Law, Business and Innovation, Springer, pp. 253-272. https://doi.org/10.1007/978-981-13-6086-2_10
Fenwick M, Vermeulen EPM. The lawyer of the future as “transaction engineer”: Digital technologies and the disruption of the legal profession. In Perspectives in Law, Business and Innovation. Springer. 2019. p. 253-272. (Perspectives in Law, Business and Innovation). https://doi.org/10.1007/978-981-13-6086-2_10
Fenwick, Mark ; Vermeulen, Erik P.M. / The lawyer of the future as “transaction engineer” : Digital technologies and the disruption of the legal profession. Perspectives in Law, Business and Innovation. Springer, 2019. pp. 253-272 (Perspectives in Law, Business and Innovation).
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