A family member is a lawyer in the Worker's Comp, SS, and Family Law space. THE software for lawyers in this space is called A1 Law. It solves a lot of real problems lawyers in that space have (form letter generation, calendar integration, case management)... but it's so slow to use new technologies. They advertise PalmOS integration. My family member has to have their own server in a closet running the server versio…
Last time I had a consultation with my lawyer, she fired up WordPerfect. There is a blast from the past.
Ask HN: What problem in your industry is a potential startup?
491–500 of 734 posts
Re: Ask HN: What problem in your industry is a potential startup?
#492The oil and gas industry is ripe with potential start ups. Here are a few that come to mind: 1. A better system for automation and measurement. Current solutions aren't ideal when it comes to setting up new systems as well as updating and maintaining existing systems. We build several million dollar facilities a month and each one has automation and measurement equipment that has to be individually set up and program…
Any more insights about applying drones to 1? I work on deep learning for aierial imagery startup (tensorflight.com). It seems like we could structure some information from drone images. If you are interested in helping us understand the problem and potentially solve it together contact me at kozikow@tensorflight.com
Re: Ask HN: What problem in your industry is a potential startup?
#493Data management. 1) Cleaning the data as it comes in rather than in batches so we can use it sooner, invalid data is discarded, outlier detection, normalizing inputs etc.... 2) Warehousing of the data with proper indexes so you can perform some advanced queries on unstructured data 3) Some data is sent in bulk at the end of day, some of the data is streamed in fire hose style. How can we preprocess the fire hose data…
Re: Ask HN: What problem in your industry is a potential startup?
#494Earlier quoted context omitted.
The entire Real-Estate industry is ripe for disruption. Exactly why are we paying 6% to "agents"? What are "agents" actually doing? 10+ years ago the need for "Real Estate Agents" was there as information was not readily accessible. Things like "what kind of area is this property in", "what are schools like" "what are prospects for this area 5 years down the road" and so on. All this information (and MUCH more) is cu…
As a Brit I don't get the agent thing for buying and selling houses in the U.S. As I understand it's basically required for the buyer and seller to have an agent. Here you can sell a house privately, and the only fees you need to pay are the solicitor for conceyancing - the fees are around the same when buying or selling, between £500 - £2000. They will just do the paperwork, check there aren't any issues with the de…
Re: Ask HN: What problem in your industry is a potential startup?
#495My wife is a corporate attorney. They pass drafts of contracts around by email using MS word with change tracking enabled. Some sort of attorney targeted simple revision tracking front end using git would be a mighty step forward.
github with contracts as text files?
Re: Ask HN: What problem in your industry is a potential startup?
#496In real estate, developing with MLS data. - There are over 900 regional MLS providers each with different schemas. - You use RETS, a complicated, non web standards interface for downloading data. - MLS data is plagued with errors and denormalized data making queries difficult.
The entire Real-Estate industry is ripe for disruption. Exactly why are we paying 6% to "agents"? What are "agents" actually doing? 10+ years ago the need for "Real Estate Agents" was there as information was not readily accessible. Things like "what kind of area is this property in", "what are schools like" "what are prospects for this area 5 years down the road" and so on. All this information (and MUCH more) is cu…
You are wrong about the amount of time she spent, and wrong about the industry being ripe for disruption. Spending 10 hours on four deals is not physically possible, or you have the luckiest, worst realtor in the history of the broker business.
Many have said the same thing about the industry, where are the results? Realtors are not still in business because of information asymmetry. Redfin has tried, and they have not succeeded. In fact they ended up moving towards the historical model. That tells you something.
I'll let you in on a secret, you can sell and buy any house you own or want yourself! It's called For Sale By Owner and many people do it. You can also negotiate on commission.
But be careful, because there are a lot of laws in place in RE, to protect buyers. It is heavily regulated. You could make a mistake and fail to disclose something that could end up costing you HUUUUGEEE.
What you get with a good realtor is a ton of service. Just the other day I drove 25 minutes each way to go make sure a homes thermostat was on and the house was warm when the temperature dropped. I was doing a favor for a realtor I know, that is selling a house for a family in another part of the country.
A good realtor will do things like that for you. And it's often a thankless job. The house I did that for might not even end up selling, the realtor may not even get a commission and it ends up being a lot of free work.
A good realtor knows attorneys, handy men, plumbers, electricians, landscapers and is a tough negotiator. A good realtor will market your property to a wider audience than would be easy for you to do yourself.
There are a lot of things that can go wrong and disrupt a sale, often times at the last minute. Those connections can save a deal. I've seen it countless times.
The reason the real estate broker business hasn't been disrupted is because it's a service business, it's not a product and its difficult to reduce it to something that scales and can be automated.
There is a large graveyard of startups that have tried.
I gave up my real estate license because of the sentiment you are expressing here, and the amount of competition that was willing to put up with it. It's a crap job in my opinion, it benefits the customers much more than the agents in all but the really hot markets.
Re: Ask HN: What problem in your industry is a potential startup?
#497It is somewhat "possible" to get a subset of the features above today but it always feels more like proof of concept rather than a complete product and you can never get all of them in one environment.
The problem is that there are so many free tools that are "good enough" so it becomes quite a luxury to pay for the last mile. Barrier to entry is very large because of this and because it is a very big and complex problem space. Would love to see some competition here, only serious actors today are intellij and VS.
Re: Ask HN: What problem in your industry is a potential startup?
#498Earlier quoted context omitted.
I would strongly encourage people to think twice about trying to sell software to lawyers. It's a Sisyphean task. They are, as a rule, extremely anti-technology and conservative. At a previous startup, we had built software which was saving customers many hours a week—yet it was still an uphill battle to get paying approval. If even after all the warnings in this thread you really want to build legal software, focus…
I worked in a tech department of a rather large law services organization. There was a desire to maintain certain inefficiencies so that more hours could be billed to clients. If it could be done in 25% of the time, that's 75% less they could bill clients for 'attorney time spent.' See how well pitching 'do it faster and make less' goes over.
Oh, the clients expect an itemized bill? Simple, the above charges would be "10 legal intern equivalent hours @ $150/hour". If a client questions it, the lawyer can explain that they are now using a very expensive piece of software instead of interns and attorneys for certain tasks, but felt it was an ethical obligation to quote the cost in a human understandable way. Turn the arbitrary pricing into a positive!
And of course your software should be able to quote all its tasks in these legal intern equivalent hours. This also leaves the lawyers hands clean since they can say that the software came up with hourly figure, not them.
Re: Ask HN: What problem in your industry is a potential startup?
#499Earlier quoted context omitted.
The entire Real-Estate industry is ripe for disruption. Exactly why are we paying 6% to "agents"? What are "agents" actually doing? 10+ years ago the need for "Real Estate Agents" was there as information was not readily accessible. Things like "what kind of area is this property in", "what are schools like" "what are prospects for this area 5 years down the road" and so on. All this information (and MUCH more) is cu…
The entire Real-Estate industry is ripe for disruption. Exactly why are we paying 6% to "agents"? https://www.redfin.com/ is already doing this. They charge half the normal fee if you're selling and they give about half of their fee to you after purchase if you're buying. (We bought our house with them.)
"We’re full-service, local agents who get to know you over coffee and on home tours, and we use online tools to make you smarter and faster. More than 10,000 customers buy or sell a home with us each year."
That's pretty much what any brokerage is. The only difference is they pay their people salaries. Any agent that can actually substantially sell and earn would strike out on their own and get their brokers license.
Re: Ask HN: What problem in your industry is a potential startup?
#500A meal prep service for bodybuilders. The hardest part of bodybuilding is eating right. Something that is affordable, nutritious, and calorie dense would be extremely valuable. There is no meal delivery service I know of that satisfies the last criterion. $10 should get you at least 1000 healthy calories