The short answer is "yes". There will be many other disruptive models besides. At £30bn pa the Legal Services market is too large and tempting for the innovators to ignore.
Riverview. Legal Zoom and Rocket Lawyer are only the beginning.
Incumbent law firms must recognise the opportunities that technology presents and change their businesses now or it could be too late.
With breakthroughs in areas like artificial intelligence, robotics, biotechnology and autonomous vehicles, it is unsurprising that digital transformation was at the centre of debates between business leaders and politicians at Davos in January this year. Technology has transformed the way we live, work and connect with each other. We are living in a world where we can control our home’s heating remotely from our mobile phones, pay for goods using digital currencies, and even “visit” a tropical island using a virtual reality headset in our living rooms.