Off the Clock (Legal Value Network)

Legal Value Network

Off the Clock presented by the Legal Value Network. Spontaneous conversations about the legal industry just like those you have after work when you are off the clock.

  1. 24 jun

    The Next Era of Legal Tech (Zach Posner, The Legal Tech Fund, Justin Ergler & Keith Maziarek)

    In this episode, Justin Ergler and Keith Maziarek sat down with Zach Posner, Co-Founder and Managing Partner of The Legal Tech Fund — the largest dedicated investor in legal technology globally, with 80+ portfolio companies spanning software sold into law firms, corporate legal departments, and consumers. Zach also leads the Fund's annual summit, widely considered the "Davos" of legal tech, and is currently steering a 15-year forecasting initiative mapping where the market is headed next. Few people have a wider-angle view of where legal tech capital is flowing, and why. Here are 3 takeaways that stuck with us:    1. The best products pass the "what would you miss?" test. Zach's filter for a great investment isn't revenue first, it's attachment. Would the user be genuinely upset if you took the software away? He uses email as the example: people will defend an old Gmail account like it's part of their identity. That same emotional stickiness, not flashy ARR growth, is what separates legal tech that lasts from legal tech that's just well-funded.  2. The investment rubric is being rewritten every 3-4 months, not every 1-2 years. Zach walked through how the old "Moore's Law" cadence for tech improvement has collapsed for AI, from a ~24-month doubling cycle to roughly 4 months today. That pace is forcing investors to rethink old metrics: ARR (annual recurring revenue) is now sharing the spotlight with newer signals like experimental revenue, since some products are going from $0 to $2M in months, not years, purely on trial usage, before anyone's even sure it'll stick.  3. Pricing won't go to zero, and clients don't actually want it to. A great exchange on whether AI will commoditize legal services down to nothing. Zach's take: clients aren't trying to take a $100K legal bill to zero, they want it to come down modestly and they want more value for what they pay, not a race to the bottom. The real opportunity for legal tech and law firms alike is getting sharper at articulating and pricing that value, not just cutting hours. There's a lot more in this one: how Zach evaluates founders and "founder-market fit," why the legal tech market got oversaturated and what comes next, how general counsel may be the biggest catalyst for change in the industry, and yes, some friendly trash talk about the Ravens, Hoosiers, and Tar Heels along the way.

    59 min.
  2. 22 mei

    The Human Side of AI: Why People, Judgment, and Communication Still Run Law (Mark Wasserman CEO Emeritus of Eversheds, Keith Maziarek & Justin Ergler)

    In the latest episode of Off the Clock from the Legal Value Network, hosts Keith Maziarek and Justin Ergler sit down with Mark Wasserman, CEO Emeritus of Eversheds Sutherland, for a candid, unscripted look at the realities of modern legal leadership. Mark pulls back the curtain on the industry's biggest shifts, from managing massive global mergers to navigating the next frontier of business. Here are 3 key takeaways from the conversation: The Imperative of Over-Communication: Mark shares his journey of taking on a managing partner role at 43, realizing within six months the challenges of balancing a massive M&A practice with firm leadership. His number one piece of advice for new leaders? Over-communicate early and often with clients, partners, and business professionals alike. The Reality of Global Change Management: Hear the behind-the-scenes story of the 2017 combination that created Eversheds Sutherland. Mark discusses the nuances of merging disparate regional cultures, aligning egos, and why "presencing"—physically showing up at offices from Leeds to the Middle East—is vital to building authentic internal trust. AI as a Connector, Not a Displacer: Striking a balance on the industry's hottest topic, Mark argues that while AI will undoubtedly shift billable structures and reduce routine review hours, it will actually increase the premium on human relationships. The future belongs to firms that seamlessly combine data capabilities with elite judgment and empathy.

    1 u 4 m

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Off the Clock presented by the Legal Value Network. Spontaneous conversations about the legal industry just like those you have after work when you are off the clock.

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