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Why is legaltech so disappointing?: Difference between revisions
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{{a|tech|}} | {{a|tech|}}:''“Unlike a covered call, which is about promising to sell what you actually own, a naked call is about promising to sell what you don’t actually own. | ||
:''Like wearing a nice sweatshirt, learning the lingo, and hanging out at a hackerspace with a code editor open, looking the part, but only scrambling to learn a new skill if somebody actually hints they might want to hire you if their funding comes through in a few months. | |||
:''That’s selling a naked call option. Faking it till you make it. Ironically, it calls for careful dressing up.” | |||
:::—Venkatesh Rao, ''The Premium Mediocre Life of Maya Millennial'' (2017)<ref>You should really read this, which you can do [https://www.ribbonfarm.com/2017/08/17/the-premium-mediocre-life-of-maya-millennial/ here]</ref> | |||
===Why is [[reg tech]] so disappointing?=== | ===Why is [[reg tech]] so disappointing?=== | ||
[[Document assembly]] has been around for a good 15 years — they thought it was “Lawyer-killing disruptive technology” in 2006<ref>See Darrel R Mountain’s OUP monograph on the subject from 2006 [https://academic.oup.com/ijlit/article-abstract/15/2/170/683915 “Disrupting Conventional Law Firm Business Models using Document Assembly”]</ref> and, well, the [[Mediocre lawyer|cockroaches]] — ''we'' cockroaches — are still here, ladies and gentlemen, and [[document assembly]] technology ''still'' doesn’t work very well. And nor, for all the promise, do many of the other heralded applications in the vanguard of the reg-tech revolution. The things that were supposed to revolutionise legal practice - put junior lawyers out of work — the chatbots; the natural language parsing; the data-extraction — these applications still seem to be eluding us. | [[Document assembly]] has been around for a good 15 years — they thought it was “Lawyer-killing disruptive technology” in 2006<ref>See Darrel R Mountain’s OUP monograph on the subject from 2006 [https://academic.oup.com/ijlit/article-abstract/15/2/170/683915 “Disrupting Conventional Law Firm Business Models using Document Assembly”]</ref> and, well, the [[Mediocre lawyer|cockroaches]] — ''we'' cockroaches — are still here, ladies and gentlemen, and [[document assembly]] technology ''still'' doesn’t work very well. And nor, for all the promise, do many of the other heralded applications in the vanguard of the reg-tech revolution. The things that were supposed to revolutionise legal practice - put junior lawyers out of work — the chatbots; the natural language parsing; the data-extraction — these applications still seem to be eluding us. | ||