• The Bar
  • Advocate Stories
  • The Verdict
  • Innovation
  • Above The Law
LawyersBlvd Lawyer-Entrepreneurs who Are Revolutionising the Legal Field – Part I
0Shares
0 0 0 0 0
LawyersBlvd
  • The Bar
  • Advocate Stories
  • The Verdict
  • Innovation
  • Above The Law
Innovation

Lawyer-Entrepreneurs who Are Revolutionising the Legal Field – Part I

Anne Kramer Nov 02, 2020
0Shares
0 0 0 0 0

Lawyers are leaving the safe, staid realms of law to build fast-growing, tech-savvy companies. These lawyer-entrepreneurs are creating “legaltech” companies, using advanced technology like artificial Intelligence, to resolve archaic legal practices. This boom in new companies disrupts how legal services are delivered, constituting a $16 billion legaltech market in USA. These unique lawyers are revolutionizing daily tasks of law, including intellectual property, due diligence, contract review, research and expertise automation. Advice from lawyers traversing the off-beat path from lawyer to tech -business leader, to others making the jump, is appended below:

Haley Altman – Doxly 

Altman’s idea as partner at a law firm, for a transaction-management and automated-document platform was born when she sat surrounded by mountains of manila folders.  She and her team hunted through mounds of documents for just one missing signature page, delaying a multimillion dollar closing. Since 2016, Doxly has managed to raise $2.75 million in funding and advises lawyers not to stress on things you cannot change. You constantly move forward, as every setback provides an opportunity to learn and grow.

Chrissie Lightfoot – Robot Lawyer LISA

Chrissie Lightfoot, a former lawyer is today a consultant, legal/ business commentator, and a bestselling author. In 2016, she developed Legal Intelligence Support Assistant or LISA, the world’s first AI robot lawyer, who is impartial. These are transformational times and new-age lawyers need to ride the ‘AI robot’ wave or risk being left behind in the wake of things.

 Nehal Madhani – Alt Legal

Madhani, graduated from University of Pennsylvania Law School and was employed at a top law firm. Inspired to make legal practices more efficient, he resigned, taught himself coding, and started Alt Legal, a cloud-based software firm, to manage global IP filings. As the founder, it’s hard pacing the plans for immediate execution, but has painfully learnt that focusing on getting a few details right is a more effective path.

 Joseph R. Tiano – Legal Decoder

Tiano practiced law for two decades as partner at two top American law firms, before creating Legal Decoder for clients lacking analytic tools and data to manage outside counsel costs. Learning from the experience of six investors in Legal Decoder, truly inspired him. They started businesses themselves and understand the emotional ups and downs of entrepreneurship, besides providing guidance, support, and encouragement.

 Michael Sander – Docket Alarm

At the New York law firm, Sander found the legal research tools to be inefficient and expensive and twice daily, a paralegal visited the court’s website, entered case numbers, for something new, and repeat this again and again. In 2012, he founded Docket Alarm, providing legal analytics, search, and litigation alerts for the US court system. Leaving your job to found a company is daunting, but break down the ultimate goal into tiny attainable steps and the process becomes manageable.

 Andrew Arruda – Ross Intelligence

As a lawyer, Andrew Arruda was distressed seeing the scales of justice favoring the wealthy. He partnered a computer scientist to create ROSS, an AI legal assistant and research tool, leveraging IBM Watson. Arruda advises interested lawyers to start doing something. Our legal background provides a fantastic base for hard work, applying ourselves which can be used to your advantage.

Share This
0Shares
0 0 0 0 0
Previous Article
Court, but with VR Headsets: How Virtual Reality Can Improve Legal Outcomes
Next Article
Lawyer-Entrepreneurs who Are Revolutionising the Legal Field - Part II
Comments (0)

Leave a Reply Cancel reply

You must be logged in to post a comment.

Related News

Innovation
Why Lawyers Love to Hate Legal Innovation
Anne Kramer Jan 25, 2021
Innovation
Your New Legal Aid May Be a Robot and These AI Bots Will Help You Like No Other
Anne Kramer Jan 06, 2021
Innovation
How To Use Technology To Uncover Infidelity
MOR LEVI Jan 01, 2021
Innovation
The Need For Regulatory Intervention To Control Smart Home Devices
Simona Kramer Dec 11, 2020
LawyersBlvd
  • Privacy Policy
  • About Us
  • Contact Us
  • Home
  • Terms Of Use

Copyright . All RIGHTS RESERVED.

  • Lost Password Back ⟶
  • Login
  • Register
Lost Password?
Registration is disabled.