For many of us, success is partially a function of being at the right place at the right time. Yet, this type of luck often has even larger second-order effects, such as the ability to see new and emerging business opportunities. Indeed, this is how I see the careers of Ian Nelson and Chris Wedgeworth, who were part of the sales team that helped Practical Law Company (PLC) enter and dominate the U.S. market.
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The graphic above is worksheet designed to aid the development and adoption of legal innovations. I created it for my “How Innovation Diffuses in the Legal Industry” courses at Bucerius and Northwestern Law (downloadable PDF available here). This past week, I had the opportunity to present it at LMA’s P3 Conference in Chicago.
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This essay is a career study of Robert Meltzer, a highly successful legaltech entrepreneur who is not famous or well-known in legaltech circles, primarily because his success
Earlier this month I participated in the Inspire.legal conference in New York City. Because Inspire.legal was sufficiently different than any other legal industry event I have attended, I began ruminating on the question “why?”
The matrix above, which
— Prof. Gary Pisano, Harvard Business School
Sometimes a technical innovation languishes on the innovator’s shelf despite working perfectly and doing everything the innovator hoped. What’s missing is a business model that can coordinate a fair exchange of value.
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I was very fortunate to be invited to the most recent Microsoft Trusted Advisor Forum, which took place on September 20 at Microsoft’s Redmond campus. The Forum featured
The core insight embedded in Rogers Diffusion Curve is that the adoption of new ideas occurs in a specific
When lawyers come together to discuss the future — in law firms, law schools, bar associations, etc — the conversation inevitably turns to clients. Although this is a wonderful and redeeming impulse, it almost always results in confusing and unsatisfying dialogue that goes nowhere. Why does this happen? Because lawyers focus on their detailed knowledge