Legal Innovation Spotlight 18 - The Future of Law Firms: Amy Monaghan's Vision for Innovation
Dive deep into the epicenter of legal innovation in this episode with our very own Amy Monaghan as she reveals her extraordinary journey from the art world to spearheading innovation in some of the nation's top law firms. Discover how Amy's unique path through art, law, and knowledge management has enabled her to drive change and introduce groundbreaking solutions in legal practice. Amy also highlights the shift from building custom solutions to leveraging off-the-shelf tools and the need for law firms to focus on becoming experts in cloud technology. Finally, anticipate more enriching discussions as Amy will be a co-host in the forthcoming episodes—a collaboration not to be missed by those keen on staying at the forefront of innovation in the legal industry.
In this episode, Amy shares insights on how to:
- Develop effective success plans for customer engagement in legal tech
- Utilize low code and no code solutions for legal practice efficiency
- Align technology solutions with law firm business models for success
- Identify and address foreseeable challenges in legal innovation initiatives
- Collaborate with key stakeholders to achieve strategic goals
Key takeaways:
- Innovation in law firms requires a rock-solid strategy aligned with the overall firm strategy to create cohesion and ensure success amidst diverse priorities and goals.
- Separating legal technology from innovation efforts is crucial to prevent overwhelming innovation initiatives and ensure a balanced focus on the law firm's business model.
- Collaborating with startups in the legal tech space allows for valuable input from the user side to inform product development and address specific user needs, enhancing the overall solution.
- Creating written success plans with specific goals, challenges, and success criteria facilitates ongoing collaboration and ensures alignment between client objectives and solution outcomes, leading to mutual success.
About the guest, Amy Monaghan:
Amy is the VP of Client Success and Product Innovation at Infodash, where she collaborates closely with law firms to drive successful adoption of Infodash technology, ensuring it aligns with clients' strategic goals. With a background in legal innovation and client engagement, Amy brings extensive experience from roles such as Director of Client Innovation at Perkins Coie LLP, where she led innovative programs and solutions for legal services. Her commitment to excellence and collaborative approach make her a key leader in advancing Infodash's client success and product innovation strategies.
“If partners within firms don't have innovative people educating them on how they can be a better lawyer with certain technology, they're not going to know how this can improve the quality of their work.” – Amy Monaghan
Connect with Amy Monaghan:
LinkedIn: https://www.linkedin.com/in/amy-monaghan-07a14b24/
Connect with Ted Theodoropoulos:
Website: https://getinfodash.com/
LinkedIn: https://www.linkedin.com/in/tedtheo