Law Students

Link: Strategic Legal Technology :: Why KM May be Widely Adopted but Under-Appreciated. Of course KM is for the "grinders!" These are the folks that do the work. If your job is to make it rain (i.e. a "finder") then KM may have some value to you but not as much.

The problem for law firms is that those that are making decisions are not grinders. They therefore either don't see the need, and KM is not adopted, or they buy into it, but not in a way that makes it fully actionable.

Many of these issues are discussed here Search, KM & the Practice of Law. This is one of the reasons that "Big Law" will find it more difficulty to make the transition to the enabling technologies that, IMHO, are transforming the practice of law.

The "young turks" forming the boutique firms are more apt to "get it" but the downside for those selling into this space is that they often don't have $$$ to spend, at least not during the early years. Still there are real market opportunities because it is becoming so much easier to start a new firm (not easy but "easier").