Law new is a loosely defined legal service model that took off after the GFC, and combines two attributes – the widespread use of ‘Legal Tech’ and the adoption of an alternative pricing model (fixed fees) that delivers value-added, affordable legal services to clients. It also involves abandoning billable hours and working in situ at client offices to help resolve legal problems. A committee report is the key document that captures this process.
A web-friendly presentation of this House document is available.