In this episode, Ted engages with Ilona Logvinova, Director of Practice Innovation at Cleary Gottlieb, and a distinguished legal innovator with a diverse background in finance, technology, and legal transformation. Ilona shares her journey from traditional corporate work to the forefront of legal tech, emphasizing the vital role of innovation in law firms today. You'll gain insights into how legal technologies are evolving to meet you where you are, integrating seamlessly into your workflows, and driving significant improvements in efficiency and capability.
In this episode, Ilona shares insights on how to:
- Frame or package capabilities in legal technology
- Implement AI-enabled search in the legal context
- Reduce the burden of manual time tracking and improve data accuracy
- Drive legal innovation transformation through support and momentum
- Enhance enterprise search in legal tech
Key takeaways:
- Framing legal technology capabilities as analogous to browser tabs helps in understanding, packaging, and effectively utilizing these tools for enhanced legal practice efficiency.
- AI-enabled search significantly improves knowledge retrieval by making queries more intuitive and responses more accurate, thereby benefiting the entire legal industry.
- Automatically generated time entries can transform legal practice by reducing manual tracking efforts, improving data accuracy, and enhancing data-driven decision-making processes.
- Legal innovation requires a strategic approach with strong leadership support to drive transformation, maintain competitive advantage, and ensure successful implementation.
About the guest, Ilona Logvinova:
Ilona Logvinova is the Director of Practice Innovation at Cleary Gottlieb, where she leads legal innovation and transformation initiatives, including the adoption of legal technologies to enhance workflows and client service. Previously, she was the Global Head of Innovation at McKinsey & Company, identifying and implementing impactful initiatives and serving as a senior technology lawyer and team lead within McKinsey Digital. Ilona also worked as Senior Counsel at Mastercard, focusing on technology builds and transactions and as an Associate at Fried Frank, specializing in leveraged finance. She holds a BA in Economics and Philosophy from Columbia University and a JD from the Benjamin N. Cardozo School of Law.
“The law and the practice of law is a function of how we are living in today's world, and the way that we're practicing has to match up to the way that we're living.” – Ilona Logvinova
Connect with Ilona Logvinova:
Website: https://www.clearygottlieb.com/
LinkedIn: https://www.linkedin.com/in/ilonalogvinova/
Connect with Ted Theodoropoulos:
Website: https://getinfodash.com/
LinkedIn: https://www.linkedin.com/in/tedtheo
YouTube: https://www.youtube.com/@getinfodash/podcasts