Technically Legal - A Legal Technology and Innovation Podcast
Beyond Billable Hours: Flatiron's Conrad Everhard on a Fixed-Fee and Tech Based Approach to M&A
Nov 20, 2024
Conrad Everhart, founder of Flatiron Law Group, shares his journey from Georgetown grad to partner at major law firms like Jones Day. He left BigLaw to offer a cost-effective, tech-driven model for M&A services. The firm utilizes flat fees, low overhead, and custom software like Deal Driver to enhance client insights. Conrad also discusses his work with Stanford’s Codex project, where he's developing an AI negotiation simulator to train future lawyers, emphasizing the crucial blend of AI and human judgment in legal negotiations.
36:42
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Conrad Everhard's Flatiron Law Group revolutionizes M&A legal services by offering flat fees and leveraging custom technology to reduce costs.
- The collaboration with Stanford's Codex Project aims to create an AI-based simulator for training young lawyers in complex negotiation scenarios.
Deep dives
Innovative M&A Legal Services
The Flatiron Law Group offers a novel approach to mergers and acquisitions (M&A) by prioritizing cost-effectiveness and efficiency. Founded by Conrad Everhart and his partners, the firm differentiates itself from traditional law firms by leveraging technology to streamline the M&A process. Their model includes low overhead, the use of general contract labor for labor-intensive tasks, and proprietary technology such as their custom-built deal driver software. This innovative framework aims to provide clients with a more accessible and straightforward alternative to the high fees typically associated with M&A attorneys.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
