Three Ways Virtual Reality Is Already Shaping the Legal Industry
In her Law Firms column, Helen Bertelli writes that while "Ready Player One" may be fiction, the virtual reality industry is not: it's projected to generate $30 billion in revenue by 2020; $150 billion if you count augmented reality. If that's not enough to keep VR on your radar, consider its potential to generate billable work, its use for marketing and its potential for use in the courtroom.
August 23, 2017 at 02:05 PM
6 minute read
Virtual reality (VR) is a field replete with great minds who create everything from platforms that enable virtual business meetings to content that helps people overcome phobias.
But ask any of them to recommend a good read on VR and chances are they won't mention a white paper or academic missive. Instead, they'll point you to science fiction: “Ready Player One” to be exact. About a dystopian near-future in which people use VR for education and escape, Ernest Cline's debut novel is so popular it caught the eye of Steven Spielberg, who will release a film adaptation in 2018.
One should not, however, misinterpret all this to mean the industry as a whole is science fiction. It most definitely is not.
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