Extract from Stephanie Wilkins’s article “The Techification of the Law Firm C-Suite”
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The Shift: The Techification of the Law Firm C-Suite
When it comes to viewing law firms as businesses, most have long followed a fairly typical model. The law firm C-suite historically comprised the traditional roles like CEO and CFO, and possibly even CTO (chief technology officer). A handful of firms started adding the CINO (chief innovation officer) role more recently, but it was far from universal.
Enter generative AI. While many were busy focusing on how the technology that took the industry by storm would impact the practice of law, its shockwaves were reaching all the way to the venerable Big Law C-suite. The past year-and-a-half has seen the proliferation of new, tech-centric management roles at firms that are looking to gain a competitive edge by getting the most out of generative AI.