Above the Law interviews Alex Macdonald, McCarter’s Chief Client Value & Practice Management Officer, as part of The Innovation Interrogatories series, a recurring feature that highlights innovative efforts and experiences in law firms. He shares his perspective on topics including the role of Chief Innovation Officers, the opportunities he is focusing on, overlooked technologies and trends, innovation within law firms, and the concept of litigation finance.
Alex said, “Innovation by definition is simply a new method, idea, or product. We are in a supercharged digital world, so people often conflate [innovation and technology]. It’s easy to do since most enhancements to our lives generally these days center around a new technology. That said, I believe it is important that law firms embrace the full spectrum of innovation. I can promise you this—if you got a sneak peek at my white board and the ‘Wildly Important Goals’ I have for my team, you’d see far more than just technology innovations being reimagined.”