Coronavirus: Second Order Consequences – This Changes A Lot Of Things

Coronavirus (COVID-19) has reached pandemic levels and the entire global economy has been affected. The business disruptions from the outbreak cannot be underestimated.

 

In my opinion, the world as we know it has changed. Long after the virus is put under control, we will find out that it has brought changes especially to the work place. This will cause innovations on how to be better prepared for any other pandemic that might disrupt human to human interactions especially work place interactions.

 

The health implications of the pandemic are the first order consequences. Beyond this are second order consequences that are affecting different business, organizations and people worldwide. Law firms are not spared of the first and second order consequences of the pandemic. In countries most hit by the virus, some firms have had to shut down and work from home. Imagine a law firm that is yet to catch on with 21^st century innovation like

• a paperless law firm
• a smart office using technology to work productively and securely from outside the office

compared to a law firm that can access all its documents, interact with team members, have meetings and access all their research resources remotely.

 

This epidemic serves also as a litmus test for businesses in strategizing or prioritizing how to mitigate second order consequences.

Can you continue to ignore the immense benefits of technology in the light of recent happenings? Have you thought of the implications of sticking to the old and manual ways of doing business in the legal industry? How can you keep your business afloat and adjust to the drastic changes unforeseen events like this have caused? Whatever your decision, put it to the test advised by Keith Cunningham, in his book The Road Less Stupid:

1. What is the upside?
2. What is the downside? What could go wrong?
3. Can I live with the downside?

What is the upside to ignoring to embrace technology? Can you think of any? Perhaps you have one.

What is the downside to not embracing technology and tools like Legalpedia in your business? HINT: Think the current happenings globally.

 

Can you live with the downside? How will you survive in a rapidly changing global front?

Do not think you are sheltered in Nigeria, the effects of the changes are global. It’s time to take full inventory of your survival and growth strategy. If you don’t, the consequences could be very bad.

 

It’s time to catch up on technology before you completely lose out.

Many business around the world have been forced to work from home. Are you positioned to keep your business afloat while the battle to save a world from this pandemic rages on? Tools like Legalpedia help you continue your work by giving you access to your library and other resources wherever you are.

You need to position your law firm to keep growing even in the face of unforeseen challenges. Come talk with us. Let’s talk technology and how you can truly make your office and work borderless and operational twenty four hours a day support@legalpediaonline.com.