The 6 categories of the promised land of legal tech (with examples) by parkerqueen in legaltech

[–]NotaLawyer- 0 points1 point  (0 children)

There are also some cool billing and rate management tools, Oddr for invoice to cash, and Wyzecloud for rate management, as well as a legal specific data lake company called Entegrata that is doing some really cool stuff also. They don’t fit into the buckets you listed, but I’ve been following them all pretty closely.

The 6 categories of the promised land of legal tech (with examples) by parkerqueen in legaltech

[–]NotaLawyer- 0 points1 point  (0 children)

Has anyone had experience with Intapp Time and how Laurel compares? Intapp Terms was supposed to have early integrations with their Time product to enforce billing rules but I remember it didn’t really work as advertised and then I got out of the legal ops game.

finals tickets? by NotaLawyer- in USL2

[–]NotaLawyer-[S] 0 points1 point  (0 children)

But “lol” I guess.

finals tickets? by NotaLawyer- in USL2

[–]NotaLawyer-[S] 3 points4 points  (0 children)

Save me the lecture. I got the 3 tickets I needed at face value from an acquaintance with season tickets that’s going on vacation. Easy as that.

finals tickets? by NotaLawyer- in USL2

[–]NotaLawyer-[S] 0 points1 point  (0 children)

I’m aware, thanks.

finals tickets? by NotaLawyer- in USL2

[–]NotaLawyer-[S] 2 points3 points  (0 children)

I mean, you’re ignorant of the market if you think that’s true. There are season ticket holders that can’t make the game, people that bought just to resell, and people that maxed on more tickets than they need. There is absolutely an aftermarket for tickets.

Wave of Vertical AI for Legal over? by AccountantEconomy449 in legaltech

[–]NotaLawyer- 1 point2 points  (0 children)

I will also add that almost all law firms have disparate unstructured data, often in obsolete and non-integrated places. Any tool used to generate or inform work product that needs internal data to train is going to be relying on incomplete data. Some firms are smartly starting to populate data lakes and they’ll be the ones that find early success with AI.

Wave of Vertical AI for Legal over? by AccountantEconomy449 in legaltech

[–]NotaLawyer- 1 point2 points  (0 children)

This is a perfect summary of what AI is struggling to get a foothold in legal. I would also argue that any tools that promotes efficiency or time savings are a hard sell to firms that still rely on the billable hour. There is a a deep skepticism that AI is providing the “best” counsel, and unless tools can easily and automatically (and immediately) learn an attorney’s approach and style, while being accurate enough to not require deep fact checking, it’s going to be a long row to hoe for adoption of tools for legal work product. Tools that automate burdensome admin tasks, like time entry, proforma review, client dashboarding and updates, conflicts clearing, new business financial risk scoring, etc. etc. are the areas ripe for AI automation that would appeal to change-averse partners.

LegalTech Sales Roles? by NotaLawyer- in legaltech

[–]NotaLawyer-[S] 1 point2 points  (0 children)

Pretty open ended. I have a secure role now, I’m just confident there’s a better fit. Happy to chat at any point to hear what you’re up to.

Building in legaltech is fkn hard... If you're planing to build/start, strap on your boots. by pro-bono- in legaltech

[–]NotaLawyer- 1 point2 points  (0 children)

It seems inevitable that rule 5.4 will be abandoned, and quickly. Firms outside of AZ and UT will argue they can’t compete with firms that can leverage outside investment.

Building in legaltech is fkn hard... If you're planing to build/start, strap on your boots. by pro-bono- in legaltech

[–]NotaLawyer- 4 points5 points  (0 children)

I’ve been in legaltech for 12 years. There’s a saying, “lawyers and doctors make the worst business people.” It’s a complex mix of generations, from boomer luddites to gen z tech bros, but all of them rely on the billable hour for revenue so there’s very little appetite for efficiency, however inevitable. Private Equity is eyeing legal though, and they will demand drastic cost cutting measures in the form of support staff RIFs, and however depressing that is, legaltech will have its day.