Lawyers of Tomorrow is hosted by Stephen Turner, a law lecturer, law tech entrepreneur and author. Stephen interviews visionaries who are working to build a modern, efficient legal sector that delivers valuable, easily accessible and easy-to-use legal products and services that give people the solutions they need. The focus of the show is on how lawyers can add value for their clients by embracing legal project management, innovative models, legal design principles, automated solutions, legal technology and cutting-edge marketing to provide the best possible solutions for their clients. The show gives listeners practical strategies that they can implement immediately in their legal practice to improve the service they provide for clients.
15 Ross Intelligence 2018: AI in the Legal Profession, AI and Legal Research
Ross Intelligence 2018: AI in the Legal Profession; AI and Legal Research
Stephen Turner Lawyers of Tomorrow: Lawyers of Tomorrow Podcast
Welcome to the Lawyers of Tomorrow Podcast. This episode is about artificial intelligence and the law and artificial intelligence in legal research.
My guest today is Andrew Arruda, CEO Ross Intelligence, an AI machine learning legal research software developer.
- Who are Ross Intelligence?
- What does Ross Intelligence do?
- How Ross Intelligence works?
- Machine learning Ross Intelligence software
- Why Ross Intelligence?
HERE ARE SOME TIME MARKERS TO HELP YOU AROUND THE VIDEO
1:13 What is Ross Intelligence / what does Ross Intelligence do using AI in legal research?
- Who is Andrew Arruda: CEO Ross Intelligence
- Who are Ross Intelligence: how did the Ross team come together?
- Andrew's mission to provide tools to perform legal research the easy way
5:42 AI in the legal profession
- lawyers adopting a new mindset
- lawyers, AI and risk
9:52 Where are we with the adoption of AI in the legal profession?
- Malcolm Gladwell: adoption of innovations
- educating lawyers on the benefits of AI in law and AI in legal research
14:52 AI, lawyers and return on investment
17:31 Law firms, AI and incentives
21:06 Lawyers and data
- data: a new lawyer skill set
- lawyers and data science
- importance of education on the use of data
24:32 Advice to law firms setting out to learn about the adoption of AI
- start with pen and paper
- process mapping
- the mindset for innovation
28:56 Advice to law firms setting up innovation teams
- identifying areas that need improvement
- identifying the firm's challenges
- setting expectations
- importance of discipline
- business principles and project management
- getting help from consultants
34:27 How is Ross Intelligence working with law schools?
- examples of great legal technology courses
- Ross natural language technology in law schools
39:49 Silicon Valley, venture capital and the legal sector
- where are we now with VC funding in legal tech?
- advice to lawyers with a legal tech idea
46:08 Legal research and Ross Intelligence:
- What is Ross Intelligence and which practice areas does it serve?
- Ross Intelligence research tools: how does Ross Intelligence work?
- Eva Ross Intelligence / Eva legal research tool checks and summarises case law for free!
- Ross natural language processing
- Ross intelligence 2018 and beyond...Andrew's plans for more Ross legal tech
50:51 Future of the legal technology market
53:25 Collaboration within the legal technology market
55:21 Andrew's work mentoring Josh Browder of Do Not Pay; access to justice and AI
56:36 Andrew Arruda CEO - secrets to success
Thanks Andrew for a wonderful podcast!
LINKS TO OTHER RESOURCES
Richard Tromans, Artificial Lawyer 2018 Lawyers of Tomorrow Podcast https://www.youtube.com/watch?v=Ngx-K...
Richard Tromans on Ed Andrews Podcast https://www.stitcher.com/podcast/ed-a...
Jimmy Vestbirk, Legal Geek https://youtu.be/9KnFsWq1qDQ
Zev Eigen 'Half-Assed Innovation': Do Law Firms Need to Change Incentives to Innovate?https://www.law.com/legaltechnews/201...
Ken Grady Machine Learning: A Newer Version Of A Lean Thinking Tool? https://medium.com/the-algorithmic-so...
Leadership for Lawyers: how to develop and retain fiercely loyal talent, with Dov Baron
WHAT DID YOU THINK OF THIS PODCAST? Feel free to leave a comment - I'm really interested in what you think!
Like me to cover something of interest to you in one of my podcasts? Leave a comment to let me know, or email email@example.com
YOU CAN FIND ME HERE:
14 Legal Geek 2018 Global Legal Tech Community, Jimmy Vestbirk
Legal Geek 2018 Global Legal Tech Community
Stephen Turner Lawyers of Tomorrow Podcast
(Sorry about the sound interference in parts, tried our best to minimise this. Hope it does not distract you too much)
In this video, I speak to Jimmy Vestbirk the founder of Legal Geek about the Legal Geek Conference 2018 and the Legal Geek global legal tech community generally. We cover:
- Jimmy Vestbirk Legal Geek - how it all started
- what is the Legal Geek global community?
- who are Legal Geek?
- Jimmy's mission: to make Legal Geek the biggest global legal tech startup community
- The Legal Geek legal tech conference experience: what to expect at the Legal Geek Conference 2018? An amazing day!
- state of play in the legal tech community in 2018
- events: Legal Geek London / Legal Geek UK / global legal tech start up community and Legal Geek legal tech events around the globe
HERE ARE SOME TIMESTAMPS TO HELP YOU AROUND THE PODCAST
2:29 Legal Geek & the importance of community in legal sector
8:08 How to get involved in Legal Geek
9:46 Legal Tech Start Ups: what they do well and what they might need to work on as they widen their skill sets
17:18 Blockchain: this years AI. Too much hype?
21:33 Importance of collaboration in the legal sector: Neota, Kira, HighQ etc and innovation departments
28:01 Law firms: incentives, innovation and billable hour
32:28 Diversity in legal sector and in legal tech: are we doing enough?
36:10 Legal education in UK: will the SQE provide lawyers with the right skills? Comparison with US law schools
39:57 The value of legal hackathons - get involved, they are really great fun and you will learn a lot!
42:47 Jimmy's best advice to tech start ups...
47:00 Jimmy's personal secrets to success: geek out, learn new stuff, watch You tube...
49:08 Legal Geek global legal tech community: Jimmy's plans for the next five years - becoming the biggest legal tech startup community in the world
51:32 Jimmy phones his 21 year old self: what does he say... :)
Thanks to Jimmy Legal Geek for a great podcast!
LINKS MENTIONED IN THIS PODCAST
Ivan on Tech (blockchain and crypto news and training) https://www.youtube.com/channel/UCrYm...
WHAT DID YOU THINK? If you liked this content, then click 'like' and consider subscribing. Click the bell icon so you don't miss any videos.
Leave a comment - I'm really interested in what you think!
Like me to cover something of interest to you? let me know firstname.lastname@example.org
10 Powerful Exam-Busting Techniques to Increase Your Exam Score by 10%
13 Premonition: Mining Litigation Data for Unfair Advantage, with Toby Unwin
Toby Unwin, co-founder, Chief Innovation Officer and inventor of Premonition, litigation data analytics, mining data, legal proceedings, attorney performance metrics, data scraping technology, leveraging and monetising data.
This podcast is all about litigation data analytics and how mining that data can give a litigant a huge advantage in legal proceedings. Stephen Turner interviews Toby Unwin, the Co-Founder, Chief Innovation Officer and Inventor of Premonition, the World's largest litigation database.
Toby studied International Commercial Law at Kings College London and began his career in recruitment, eventually founding NetSearch, an online headhunting firm that received 4 offers in the first 27 days of business, valuing it at $160M. Toby Unwin was inaugurated as The Republic of Austria’s Honorary Consul in Orlando, becoming Austria’s youngest Consul of all time. He is also a National Rowing Championship Gold Medallist, an accomplished pilot (holding a World airspeed record) and he speaks five languages
Premonition helps people find the right attorney based upon the type of case and the identity of the Judge hearing the case. Premonition is located in Miami, Florida and has received $5 million after two rounds of funding. The Premonition platform gives users information such as:
- the track record of an attorney
- the twenty best attorneys for a case
- analysis of the history of court decisions on types of cases
- which attorney you should appoint to maximise your chances of victory
In this interview, Toby and Stephen discuss:
• How Toby came up with the idea for Premonition?
• How law is a credence good, totally lacking in transparency
• How hiring the lawyer with the best 'reputation' might just be the worst thing you can do
• How performance metrics are transforming the legal market
• The unfair advantage that data gives litigants
• Why getting started in legal tech is not as hard as it looks since law is still not that advanced technologically speaking
• Why when doing something difficult, ignorance can be an advantage
• The importance to any tech start-up of having the right CEO (Premonition's is Guy Kurlandski)
• The difficulties Premonition experienced when trying to acquire court data
• Premonition's data scraping technology and its huge database
• How law firms showed no interest in Premonition but their clients did
• Why Toby's advice to people starting out in legal tech is, 'just say no to law firms'
• Why hourly billing means that most law firms have no interest in tech that makes them more efficient
• How most law firms are only interested in legal tech for window dressing
• Premonition use cases, e.g. property developers looking for distressed debts getting data on repossession cases
• Premonition's heavy users e.g. insurance, general counsel, private equity
• Why are law firms so poor at leveraging and monetising data and what should they be doing with it
• The free referral service, litagas.com
D.Casey Flagherty: Unless you Ask
Toby Unwin - why is legal technology so bad?
Law Secrets Revealed
TO CONNECT WITH TOBY / PREMONITION
TO CONNECT WITH STEPHEN
12 Leadership for Lawyers: how to develop and retain fiercely loyal talent, with Dov Baron.
Leadership for lawyers, authentic leadership, innovation, innovation teams, entrepreneurialism, intrapreneurialism, millennial values and behaviour, neuroscientific research into loyalty, momentum culture, vulnerability, authenticity.
Welcome to lawyers of Tomorrow. This podcast is about Leadership for Lawyers: how to develop and retain fiercely loyal talent.
Stephen Turner, the host of Lawyers of Tomorrow, interviews Dov Baron, a world authority on purpose driven, authentic leadership. Dov has been, coaching, training, writing and speaking about leadership all over the world for over 30 years. He's an international headline speaker for global conferences on leadership, influence and business and is a New York Times bestselling author of several books, including Fiercely Loyal: How High Performing Companies Develop and Retain Top Talent, and Authentic Leadership in Action. Dov writes for and has been featured in many industry magazines including, CNN, CBS Small Business Pulse, Yahoo Finance, Boston Globe, CEO World, Entrepreneur and many more.
Dov is also a veteran podcaster. His Leadership and Loyalty show for Fortune 500 executives, has been going for 300 episodes and is the No1 podcast amongst Fortune 500 executives
In this podcast, Dov and Stephen discuss:
Dov's unconventional but highly memorable start in coachingWhy authenticity is fundamental to connecting with customers and employeesHow the conventional career paths for lawyers have changed and broadened outHow millennial lawyers are much more entrepreneurial than previous generations, are likely to change jobs more regularly and the business implications of this staffing churnHow earlier generations need to adjust their leadership style to accommodate the values and behaviour of the millennialsMillennials in the workforce: the importance of meaningful workWhy lawyers as leaders and as business owners need to find meaning and a higher purpose in their work to attract the brightest lawyers to work with themThe importance of creating an intrapreneurial environment within a law firmsHow law firms should staff and lead innovation teamsHow to nurture creativity and innovation: the importance of emotional safetyThe role in modern law firms of co-operation, collaboration, contribution and community Vulnerability, empathy and compassion: key characteristics of effective leadershipNeuroscientific research into what inspires in people a sense of loyaltyDov's work as a coach and trainer at Full Monty Leadership: helping to build a momentum culture which inspires fierce loyaltyThanks to Dov and Stephen for such and entertaining and enlightening hour.
To contact Dov: email@example.com
To contact Stephen: firstname.lastname@example.org Twitter: @stephenjturner
11 Artificial Lawyer 2018: Richard Tromans - AI strategy & implementation
AI, legal technology, document review, M&A due diligence, banking, finance, corporate, compliance, derivatives, financial regulation, Ravn-iManage, Kira Systems, natural language processing (NLP), innovation teams, strategic and operational considerations, knowledge systems, Ross Intelligence, IBM Watson, expert systems, Neota, probabilistic inference, machine learning
Welcome to the first Lawyers of Tomorrow Podcast of 2018! This podcast was originally recorded towards the end of 2017 in Café Rouge in Highgate, London.
Stephen Turner, the host of Lawyers of Tomorrow, interviews Richard Tromans, the founder of Artificial Lawyer a website dedicated to reporting on the development and deployment of the new wave of legal technology that can perform legal work. This technology often involves artificial intelligence, for example machine learning, predictive analytics or expert systems.
Artificial Lawyer was named by Market Inspector as one of the Top 25 Technology Blogs of 2017, by Feedspot as one of the Top 50 Artificial Intelligence websites, and by Thomson Reuters as one of the Top 10 Sources for Keeping up with Legal Tech.
Richard is also the founder of Tromans Consulting which advises law firms on strategy, innovation, and growth - and increasingly, on the deployment of legal technology, including artificial intelligence. Richard has particular skills in advising on merger candidate analysis, international network strategy and innovation development.
In this podcast, Richard and Stephen discuss:
• the development of Artificial Lawyer
• the increase in the complexity of legal issues / documentation
• document review and NLP
• 2018: deployment of AI systems by law firms
• AI at work in document review, compliance, due diligence, banking, finance (e.g. Ravn-iManage, Kira Systems, Luminance)
• strategic and operational advice to law firms wishing to deploy artificial intelligence systems
• staffing models, legal process outsourcing, alternative legal services providers
• innovation teams
• fixed fees as a driver for adoption of AI / automation systems
• training a document review system
• using AI review tools
• the accuracy and speed issue: trained AI beats paralegal!
• future business models: productisation of legal technology
• the development of searchable knowledge systems: IBM Watson, Ross Intelligence
• future development of NLP-based, searchable knowledge systems
• billing models and fixed fee pricing
• Neota and complex expert systems: probabilistic inference and machine learning
• Neota's work with Kira Systems: document review and interrogation of data
• outward facing expert systems e.g. in lead gen. / business development
• chat bots: uses and limitations
• blockchain and smart contracts
Additional resources mentioned in this podcast:
'Legal AI - A Beginners Guide' by Richard Tromans (published by Thompson Reuters and available to download for free from their website).
'Legal AI + The Industrialisation of Cognition' by Richard Tromans (published on Artificial Lawyer)
This is a fascinating podcast, with great advice and practical points for those interested in leveraging AI technology within the legal sector. Thanks to Richard for taking the time to speak to Stephen. To receive daily updates on the latest AI and legal automation, blockchain etc news, sign up to the email list at Artificial Lawyer
To contact Richard: email@example.com Twitter: @artificiallawya
To contact Stephen: firstname.lastname@example.org Twitter: @stephenjturner
If you like this episode, then feel free to subscribe and share this podcast. If you really liked it, then please do us a review using the iTunes app and give us a five-star rating!
10 Venture Capital & Legal Tech: from Seedcamp to Start Up Success
Venture capital, legal technology, innovation, start-ups, entrepreneurialism, investment management, accelerations funds, pre-seed funding, seed funding, series A, series B, series C.
Stephen Turner, the host of Lawyers of Tomorrow, interviews Tom Wilson, a qualified solicitor who is now investment manager at Seedcamp, a London based acceleration fund with over 170 investments focusing on accelerating pre-seed and seed stage companies and helping them reach product/market fit. Seedcamp is made up of a diverse team of founders, makers, operators, executors, investors and tech-enthusiasts who back world-class entrepreneurs before their success is known to others. As investment manager, Tom selects companies to invest in at their early stage of development.
Knowing that Tom is a big Newcastle fan, Stephen starts off the discussion by highlighting the three factors that venture capital funds look for in any legal tech project - team, technology and traction - by way of a light-hearted analysis of the almost perfect Newcastle football team of the mid-90s. That side had great players (team), a great style of play (technology) but it didn’t quite get the results (traction). Stephen asks Tom whether the absence of one of the three factors is likewise going to be fatal to a legal tech start-up. Tom thinks that team is arguably the most important thing but that all three will eventually be essential.
Tom and Stephen then discuss:
What makes up a great legal tech team?Does a legal tech team need lawyers – known as domain expertise?How much tech competency does the team need?How law firms of the future may be structured very differently from now – for example as alternative business structures – as they become more involved in the business of legal technology.Which law firms are likely to flourish in the new entrepreneurial environment.The huge potential for legal tech funding in the future.The action that a lawyer or entrepreneur with an idea for a legal tech solution should take.Advice on how to build your law tech start-up team.Seed summits.Founders collaboration agreements.The different stages of venture capital funding: pre-seed, seed, series A, B and C.How investors value a company.The extent to which the VC board representative will seek to influence the start-up via their board seat – often depending on the stage of funding.The range of ownership percentage that founders should expect to give up during funding.How founders should do thorough research on all funders – particularly business angels.The perils of giving away too much ownership too early and how this can be fatal to the company’s incentive structure.Law firms and legal tech incubators: e.g. Dentons / NextLaw; A&O / Fuse.Law firms and innovations teams.How lawyers can work to future proof themselves.The importance of enthusiasm and resilience for start-up founders.The future skills that lawyers will need – “must skills” – when the bots take over performing traditional legal tasks.This is a fascinating podcast, with great advice and practical points for those interested in developing legal tech projects. Thanks to Tom and Seedcamp for taking the time out to speak to Stephen.
To contact Tom: email@example.com twitter: @tom_wills
Also, check out Tom’s blog https://medium.com/@taw where he writes about venture capital, start-ups and related topics.
To contact Stephen: firstname.lastname@example.org twitter: @stephenjturner
P.S. If you like this episode, then feel free to subscribe and share this podcast. If you really liked it, then please do us a review using the iTunes app and give us a five-star rating!
Customer ReviewsSee All
I've listened to 5 of these podcasts now. They are all excellent, clear and full of helpful information. Well done Steve!
I found Steve Turner's podcast incredibly approachable for someone who is not working within the industry. As an educator, cross curricular thinking is paramount in my students, and careers guidance must incorporate investment in a diverse forum for the next generations to access. I will be subscribing to LOT podcasts and encouraging my A-level students with a predilection for law to do the same. Fantastic work, keep it up...
It is a breath of fresh air to have access to 'real' content from someone in the legal profession.