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Legaltech startup conference: Difference between revisions
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We define a [[legaltech start-up conference]] as “opportunities for [[Reg tech entrepreneur|fantasists]] to meet the [[General counsel|credulous]] to flog them [[Legal tech landscape|stuff they don’t need]] out of [[When budget allows|budgets they don’t have]]”. | We define a [[legaltech start-up conference]] as “opportunities for [[Reg tech entrepreneur|fantasists]] to meet the [[General counsel|credulous]] to flog them [[Legal tech landscape|stuff they don’t need]] out of [[When budget allows|budgets they don’t have]]”. | ||
At the bottom of this page is an interesting task for the [[neural network]] to parse: the ''two hundred and seventy | At the bottom of this page is an interesting task for the [[neural network]] to parse: the ''two hundred and seventy odd [[vendor]]s listed in the Legal Geek “Startup Map”<ref>I am not making this up: https://www.legalgeek.co/startup-map/. There could be more: the bamboozling way it is set out made it hard to be sure I had go them all.</ref> | ||
Now, sure: not ''all'' of these are ''for-profit'' businesses (by which I mean ''intending'' to make a profit; a large portion of them, however well disposed to that idea, ''won’t'') — there are some, even at a quick scan, that don’t even try. And some are, ''sans doubte'', unique and different. But they are the great minority. | Now, sure: not ''all'' of these are ''for-profit'' businesses (by which I mean ''intending'' to make a profit; a large portion of them, however well disposed to that idea, ''won’t'') — there are some, even at a quick scan, that don’t even try. And some are, ''sans doubte'', unique and different. But they are the great minority. | ||
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====1. Consolidation is coming==== | ====1. Consolidation is coming==== | ||
Perhaps the sector is simply overdue for the consolidation that will push a couple of winners into the mainstream. | Perhaps the sector is simply overdue for the consolidation that will push a couple of winners into the mainstream. There are 270-odd undoubtedly good little ideas but, un-knitted, too tepid to get anywhere. Once the power of affiliation dawns on the founders of the dozens interchangeable [[contract automation]] tools and they pool resources, expertise and clients, then an apex predator might emerge. | ||
One or two vendors have done this half-heartedly, but in the main, we are still on the frontier, where footloose imagineers can pursue their crazy dreams. ''This can’t last''. | One or two vendors have done this half-heartedly, but in the main, we are still on the frontier, where footloose imagineers can pursue their crazy dreams. ''This can’t last''. | ||
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But, simplifying is hard: it takes deep expertise, risk-awareness, a sense for psychology and market experience. The [[legal eagle]] [[paradox]]: the more expertise you have, the less inclined you are to simplify. ''Mastery of the ineffable is your unique selling point''. | But, simplifying is hard: it takes deep expertise, risk-awareness, a sense for psychology and market experience. The [[legal eagle]] [[paradox]]: the more expertise you have, the less inclined you are to simplify. ''Mastery of the ineffable is your unique selling point''. | ||
But there is, too, the legaltech paradox: just as the [[meatware]] is disinclined to simplify, ''so is legaltech''. Of the | But there is, too, the legaltech paradox: just as the [[meatware]] is disinclined to simplify, ''so is legaltech''. Of the offerings below, how many dedicate their [[machine learning]], [[natural language processing]], [[neural network]]s and general [[artificial intelligence]] to ''making things simpler''? | ||
=== On inhouse versus private practice=== | === On inhouse versus private practice=== | ||
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*Corporify <br> | *Corporify <br> | ||
*Courtsdesk <br> | *Courtsdesk <br> | ||
*CrowdJustice <br> | *CrowdJustice <br> | ||
*Data Solver <br> | *Data Solver <br> | ||
| Line 180: | Line 179: | ||
*InTouch <br> | *InTouch <br> | ||
*iubel <br> | *iubel <br> | ||
*JuriBlox <br> | *JuriBlox <br> | ||
*Juriosity <br> | *Juriosity <br> | ||
| Line 230: | Line 228: | ||
*Logical Construct <br> | *Logical Construct <br> | ||
*Made in law <br> | *Made in law <br> | ||
* MaitreData | *MaitreData <br> | ||
*MaNewCo <br> | *MaNewCo <br> | ||
*matters.Cloud <br> | *matters.Cloud <br> | ||