The method behind the summer madness.
When I launched
We are at the end of the beginning of one of the most terrifying periods in modern economic history. An unexpected outside event has created massive unemployment, acute under-production, and isolated instances of tragic over-production all at once. We are creating a fiscal crisis and waiting for…
The legal industry is full of opinions – and so it is full of noise. In 2019, 🤦♂️ facepalming and 🙄 eyerolling at innovation hype is still very much in vogue, and so a lot of the noise is 😒 negative 😠 in tone.
Amidst all the noise, though, I see very clear signals of meaningful change.
Continue Reading The Current State of Play in Legal Innovation: A New Era of Evolution in the Making (109)
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.
Continue Reading Is just-in-time training for lawyers a good business? (102)
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.
Continue Reading Scoring your innovation (098)
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.
Continue Reading PartnerVine and the Last Miler’s Club (072)