The cool law startups are not all based in the valley guys and girls, we have https://www.clocktimizer.com/ from the Netherlands, for example.
Startup wants to build tools for lawyers to speed up legal services
101–109 of 109 posts
Re: Startup wants to build tools for lawyers to speed up legal services
#102Headline is a little misleading. We started LTS, our legal tech company, with the goal of helping lawyers provide legal services to startups in a more speedy, transparent and price predicable way. To us, that means building tools that lawyers use, and not creating the Uber of lawyers or a master AI that replaces lawyers (I don't think the latter is possible right now). Atrium, the law firm founded by two of my LTS co…
>a master AI that replaces lawyers (I don't think the latter is possible right now)
We did this at Recommind (https://www.recommind.com/axcelerate-ediscovery-product-page...), but replacing low level lawyers for case management. A senior lawyer/case manager usually trained the system to identify relevant documents based on a few...
Re: Startup wants to build tools for lawyers to speed up legal services
#103Earlier quoted context omitted.
We raised $10.5M for our legal technology company, Legal Technology Services (LTS). My cofounders of LTS who are lawyers, Augie Rakow and BeBe Chueh, started a firm called Atrium LLP. Atrium LLP is LTS' first customer, and allows us to reduce our development cycle on building that software. I am not a partner at Atrium LLP (and am not a lawyer, nor do I give legal advice). It's a complex story that has been a little…
Justin, with respect, there are many organizations working within the structure that you've put together. All of them get by on the basis that they argue the scope of what software does is not the practice of law. My concern is that in order to secure regulator approval for this position most of these legal support contractors substantially misrepresent the scope and depth of the work they provide. Do you have any pl…
Just do it Justin. Make it cheaper for the public to fight their cases and be massively successful. If Uber and Airbnb can get away with it, so can you. If people paid attention to the naysayers nothing would ever change in the world.
Re: Startup wants to build tools for lawyers to speed up legal services
#104Truthfully as a lawyer , well I am pretty close to be an ex-lawyer cause I now code for living we really dont need software so much. In my office we had an old database running on DOS when I became a lawyer in 2008. I got rid of it and replaced it with Dropbox. Used extremely simple folder structure and that was pretty much it.
I was even considering making specialised software for my father's law firm but I never saw the use for it.
99% of lawyer's work is not arragning meetings or organising documents. Even I who I was very new at the time I did a ton more photocopying documents and answering calls from clients than any form of organisation.
This is why law orientated software fails to become popular for lawyers. What we need as lawyers , what would be really appealing is an AI that can look through case law and help us formulate lega arguments. Unfortunately the technology simply is not at that level.
What makes it worse is that even though coding can be an extremely repetetive process law practices is not, you literraly dealing with diffirent problem each hour and you have to filter and combine various amount of information. You may think that organisation is the key here but because the main focus are legal arguments not so much evidence there is very little to do in that area other than having AI and feeding you ideas.
Problem is that lawyers are using a lot of thinking power and because their is not technical in some cases it can be called even philosophical , it would be very difficult for an AI to be actually useful in this area, unless there is a large leap in technology I am not aware of.
I am not a US lawyer , I am a Greek lawyer and yes we have plenty of legal software in my country as well, that almost none is using. DOS and a dual core at 2.0 GHZ is more than enough.
Re: Startup wants to build tools for lawyers to speed up legal services
#105Earlier quoted context omitted.
I wouldn't conflate fancy with sophisticated. Law firms are structurally insulated from market demands and are highly inefficient. They will often just throw people at problems better solved by technology and then pass those costs on to clients. There are a number of reasons for the lack of adoption: - Almost all firms are LLPs where revenue is passed through to the partners. Investing in technology would take a dire…
That sounds to me like a description of what being a lawyer was like in the 1980s. Today, you don’t get cases by calling up a golfing buddy. You go pitch cases to sophisticated clients who compare your proposal with 4-5 other firms’. Alternative fee arrangements account for almost 20% of revenue and growing, and that doesn’t include soft-caps and write-offs that lead to realization being around 85%. I don’t buy that…
How about paying a one-time fee with a little extra to be regarded as the legal owner of a set of mirrored HDDs installed at a facility that provides predominantly cloud-based infrastructure?
Would that solve the ownership problem that would prevent lawyers from considering cloud storage?
Re: Startup wants to build tools for lawyers to speed up legal services
#106Headline is a little misleading. We started LTS, our legal tech company, with the goal of helping lawyers provide legal services to startups in a more speedy, transparent and price predicable way. To us, that means building tools that lawyers use, and not creating the Uber of lawyers or a master AI that replaces lawyers (I don't think the latter is possible right now). Atrium, the law firm founded by two of my LTS co…
Definitely check out SeedLegals (https://seedlegals.com/) - it does exactly that! It launched this year in the UK and is now used to automate the legal process for 2 funding rounds every day
Re: Startup wants to build tools for lawyers to speed up legal services
#107Talking to the title for a second - (what they are actually doing seems quite different.) This is funny, I think we might be underestimating the recalcitrance of human beings, and negentropic characteristics of life itself. (to say nothing of lawyers). After all there are still people operating the barriers at parking structures where I park in the morning, and they certainly cost more than a robot... It seems that b…
> Law is distinctly negentropic
Meaning? In a closed system of your choice, law decreases entropy, i.e. increases complexity? Your comment is quite cryptic to me.
However, negentropy seems to be in violation of the laws of thermodynamics, so you are really saying that the law can't be described as a closed system. Is that right?
Re: Startup wants to build tools for lawyers to speed up legal services
#108Headline is a little misleading. We started LTS, our legal tech company, with the goal of helping lawyers provide legal services to startups in a more speedy, transparent and price predicable way. To us, that means building tools that lawyers use, and not creating the Uber of lawyers or a master AI that replaces lawyers (I don't think the latter is possible right now). Atrium, the law firm founded by two of my LTS co…
I don't mean to pile on but I'd be interested as a lawyer dabbling in tech. In the last two years I co-founded startup with a patent pending legal pricing software called Statutory Litigation Automated Pricing, S.L.A.P. (acquired) and this past year I built a prototype "self-serve legal kiosk" and kiosk software Demoed at Walmart HQ for use in their stores with The Law Store (thelawstore.com) I don't think that makes…
Hi Will, I work at Atrium LTS. Please check out our careers page and let us know if there's something that might be a match!
Re: Startup wants to build tools for lawyers to speed up legal services
#109Good luck to you Justin, and to your team. I left law and became an engineer because I didn't see how the legal industry could keep up its bloated and inefficient structure. Shake it up!
Hello - I work at Atrium LTS and we noticed your comment here. If you have any interest in applying, we currently have two engineering roles we're looking to fill: https://www.atriumlts.com/.