Last year as part of my Masters degree, I wrote a paper on why iPhone adoption will be faster in Australia than the US Key to this claim was Diffusion of Innovation theoryto which I introduced a new concept titled The Newton Ball Diffusion Acceleration Effect Newton Ball Diffusion Acceleration Effect In the year since developing this concept, I have been responsible for several new product launches, that have all been successful way beyond expectations due to another theory that I have developed on how to accelerate diffusion of innovation. I am now ready to share this secret with you.
Snapchat UnitedLex is the same age as Twitter.
Neota Logic is as old as Instagram. This entire segment of the legal market flat-out did not exist 20 years ago. The conventional wisdom is that ALSPs have cracked the code of the legal market: Here are the results: Yet, the only time series data I have seen that asks about actual spending not intent to spend is [in this chart].
It might be that the supply side of the legal market has now broken, irreparably, in two. That work has migrated into both ALSPs and law departments themselves, where it is performed faster, less expensively, and often to a higher degree of quality and reliability. The cost savings cannot be underestimated: Ray Bayley, founder of Novus Law, famously observed that for every dollar his company makes, law firms lose four.
This result is a testament to the fact that law firms were carrying out mind-boggling amounts of legal work inefficiently, haphazardly, and wastefully. Twenty years after it first emerged, the ALSP sector no longer has to prove itself.
Disintermediation of routine work from law firms has been a success. But how much longer can it continue? How much more work of this type is there to disintermediate? I do think that will happen, in fits and starts, over the next several years. The consequences of disintermediation But what about all the legal work that has not been disintermediated, that remains behind in law firms?
Some quantum of legal work requires skilled, trained, sophisticated lawyers to do it properly. Because the foundation of the traditional law firm is exactly all the routine, repeatable, hours-burning work that ALSPs are taking away.
Law firms are dependent on leveraging lower-cost labour — not just associates anymore, but also non-equity partners and even some junior equity partners — to carry out lower-value work. The sale of hours is the lifeblood of law firms — but the kind of work that could sustain 2, hours of lawyer effort every year is leaving the building.
The problem is not that law firms are losing all the work they were overqualified to perform. The problem is that law firms are keeping all the work that requires highly skilled lawyers working in close collaboration using sophisticated tools on a multi-disciplinary platform to generate high-value outcomes for a previously agreed price.
That, ironically, is the type of work that many law firms always say they aspired to do. But that sort of platform is not what most law firms are. And it is not what most law firms can easily transition to become.The Newton Ball Multi-National Diffusion Acceleration Effect: an Apple iPhone Case Study Framework to the launch of the iPhone.
17 a. Rogers Perceived Attributes of Innovations 17 b. Factors Influencing the Learning Process 19 or markets which have followed the innovation launch in a lead market (Ganesh & Kumar , Ganesh et al Actions On Google Supports Google Pay Transactions.
Another new addition to Google Pay is the support for mobile tickets and airline boarding passes that Google initially revealed last week, allowing users to store them in their Google Pay account so they’re accessible from the app, providing them with one less thing to have to carry around or worry about losing.
Solar Equation Relational Architecture 16 "Solar Equation" is a large-scale public art installation that consists of a faithful simulation of the Sun, million times smaller than the real thing.
The papers in this section consider trends in entrepreneurial activity, both in the United States and internationally. Chiara Criscuolo, Patrick Blanchenay, and Flavio Calvino examine OECD research to offer an international perspective on economic dynamism in their paper, “Business Dynamics and Public Policies: Cross-County Evidence from New Data.”.
Forecasting the Diffusion of an Innovation Prior to Launch 3 1 Problem Companies that want to grow face a fundamental dilemma: They can only increase. LED packaging: new relays of growth are required for LED companies to survive Nov. 29 - Advanced Packaging - Yole Développement Within a highly competitive landscape due to a strong price pressure, most of the LED companies are looking for business opportunities and adopt different strategies of .