LawNext

Lexion is an AI-powered contract management system with a unique pedigree, having emerged out of the Allen Institute for AI, the AI research institute created by Microsoft cofounder Paul Allen, and having received backing from investors such as Khosla Ventures, a Silicon Valley firm whose portfolio includes companies such as OpenAi; Madrona Venture Group, which helped launch Amazon; and Wilson Sonsini, the law firm known not only for representing tech pioneers, but also for its own tech initiatives. Now Lexion has just raised another $20 million in a Series B round led by Point72 Ventures, with those prior investors again participating. The company, says its cofounder and CEO Gaurav Oberoi, is on a mission to use AI to help corporate operations teams and legal departments close deals faster by accelerating business contracting across sales, procurement, legal, HR, security, and more. His resume includes having been a product manager, engineer, and founder for over a decade, and, before Lexion, he started and sold two software startups, BillMonk and Precision Polling, and founded a large business unit at SurveyMonkey. Gaurav joins host Bob Ambrogi to discuss the company's founding and growth, its latest fundraising round, and his thoughts on the contracts market overall and the impact that new generations of AI will have on its future development. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Lawmatics, providing legal client intake, law practice CRM, marketing automation, legal billing, document management, and much more, all in one easy-to-use law practice software. If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

It was major news April 4 when the legal research and technology companies Fastcase and vLex announced their merger, creating a single entity that they say now has the world's largest subscriber base of lawyers and law firms and a legal research library of more than 1 billion documents from more than 100 countries. It is a deal that could reshape the legal tech landscape on a global basis and potentially even threaten the longstanding legal research duopoly of Westlaw and LexisNexis. So what does it mean for the companies? What does it mean for their customers? And what does it mean for the legal market more broadly? To explore these questions and more, LawNext host Bob Ambrogi is joined by the four founders of the two companies: Lluis Faus, cofounder and CEO of vLex and now global CEO of the combined entity, known as the vLex Group. Angel Faus, cofounder and chief technology officer of vLex. Ed Walters, cofounder and former CEO of Fastcase and now chief strategy officer of vLex. Phil Rosenthal, cofounder and former president of Fastcase and now chief growth officer of vLex. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Lawmatics, providing legal client intake, law practice CRM, marketing automation, legal billing, document management, and much more, all in one easy-to-use law practice software. If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

With the news last week of the merger of legal research companies Fastcase and vLex, it seemed a good time to revisit our 2019 interview with the founders of Fastcase, Ed Walters and Phil Rosenthal. The occasion of this interview was the company's 20th anniversary, and we recorded it live, on the exhibit hall floor, at the annual conference of the American Association of Law Libraries. In this interview, Walters and Rosenthal recount how, as two young associates at the law firm Covington & Burling, they came to found Fastcase in 1999. They also recall some of their greatest successes and worst mistakes over the years as founders, and offer their predictions for the future of Fastcase. How do their predictions in 2019 stand up in 2023? Well, you'll have to listen to find out the answer to that. Although Fastcase started as a legal research company, in recent years, it had diversified and expanded into areas such as legal analytics, legal publishing, legal news, and even legal document automation. That diversification had already started when we spoke to Walters and Rosenthal in 2019. The year before, they had acquired the legal dockets and analytics company Docket Alarm, and, as you will hear, they were already seeing analytics as a key component of their future growth. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Lawmatics, providing legal client intake, law practice CRM, marketing automation, legal billing, document management, and much more, all in one easy-to-use law practice software. If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

In the 15 years since he and Rian Gauvreau cofounded the legal practice management company Clio in 2008, Jack Newton has learned a thing or two about what it takes to build a successful company. As its CEO since the start, Newton has overseen the growth of the company from fledgling startup to a centaur with annual recurring revenue of over $100 million, a valuation of over $1 billion, and a workforce of nearly 1,000 employees. Newton has won numerous awards for his leadership, including Canada's most admired CEO and EY's Entrepreneur of the Year. He is also an advisor to and investor in a number of startups. As Clio marks its 15th anniversary in 2023, Newton joins host Bob Ambrogi to share 15 lessons he has learned along the way regarding what makes a successful company and a successful leader. He also reminisces about the early days of starting Clio and his early successes and challenges. Notably, he and Gauvreau founded Clio in the middle of the Great Recession, and one of the lessons he shares in this episode is his belief that a recession is a great time to build a company. For anyone who has founded or is thinking of founding a legal tech startup, this episode is a must-listen. Even for those who are not tech founders, but law firm founders, many of Newton's lessons apply. Let us know your thoughts on today's episode by tweeting us, @LawNextpodcast. Read more about Clio's products Clio Manage and Clio Grow at the LawNext Legal Technology Directory. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Lawmatics, providing legal client intake, law practice CRM, marketing automation, legal billing, document management, and much more, all in one easy-to-use law practice software. If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

Now in its 10th year in business, Casetext has introduced a series of unique products over the years that have cemented its reputation as a leading innovator in legal technology and AI. Now, at time when seemingly every legal tech developer is rushing to incorporate the GPT artificial intelligence model into their products, Casetext has unveiled CoCounsel, which it calls the world's first reliable AI legal assistant, and which is powered by GPT-4, OpenAI's just-released latest version of its GPT model. "GPT-4 leaps past the power of earlier language models," said Pablo Arredondo, chief innovation officer for Casetext. "The model's ability not just to generate text, but to interpret it, heralds nothing short of a new age in the practice of law." Not only that, but Casetext played a central role in a study to have GPT-4 take the bar exam. Just two months ago, I had legal scientists Dan Katz and Michael Bommarito on this show to talk about their experiment having GPT-3.5 take the bar exam. Spoiler alert: It failed. With the release of the more powerful GPT-4, Katz and Bommarito collaborated with Casetext to conduct the study again. This time, GPT not only passed all three components of the exam, including the essay portion, but it scored in the top 10th percentile. So what does GPT-4 mean for legal professionals? How might it change law practice? To discuss all of this, host Bob Ambrogi is joined by the three top executives of Casetext: Jake Heller, CEO. Laura Safdie, COO & general counsel. Pablo Arredondo, chief innovation officer. They discuss what makes CoCounsel different than other AI products in the legal market, how they avoid the problem of "hallucinations," how products such as CoCounsel may change law practice, and how they can help close the justice gap. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks.

Two years after D. Gordon Smith was appointed dean of the J. Reuben Clark Law School at Brigham Young University in 2016, he told an audience of law school advisors, "I want BYU to be known as, if not the most innovative law school in the country, then one of the most innovative law schools in the country." Now, Smith has announced he is stepping down as dean at the end of this semester, after having been the second-longest serving dean in the school's history. So how did he do in pursuit of that goal? During his tenure, he drove a number of innovations around innovation and technology, including the launch of LawX, a legal design lab committed to tackling access-to-justice issues with solutions that address pressing legal problems such as debt collection, eviction and asylum. He also served on two Utah Supreme Court task forces that led to the creation of the Utah Sandbox. Also during his tenure as dean, he more than tripled the amount of scholarships available to students, saw the law school's ranking rise from 46th to 23rd, pioneered a law and corpus linguistics program, and launched a global leadership program. Recently, LawNext host Bob Ambrogi was at the school's Provo, Utah, campus, and sat down with Smith in his office to reflect on his nearly seven years as dean. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Lawmatics, providing legal client intake, law practice CRM, marketing automation, legal billing, document management, and much more, all in one easy-to-use law practice software. Legalweek, the one week where thousands of legal professionals gather to network with their peers, dive deeper into their professional development, and gain the tools to get legal business done, presented by ALM and Law.com March 20-23, 2023. If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

On this episode of LawNext, we take a closer look at Smokeball, the law practice management company whose roots are in Australia but that is firmly entrenched in the United States. In fact, after Smokeball was founded in 2010, its very first customer was a law firm in Chicago. Appropriately, then, it was in Chicago last week, during ABA TECHSHOW, that host Bob Ambrogi sat down for a face-to-face conversation with two of Smokeball's top executives, Jane Oxley, chief revenue officer for Smokeball internationally, and Ruchie Chadha, president of Smokeball in the U.S. On the day that they spoke, Smokeball had just announced the expansion of its practice management platform with the addition of Smokeball Intake, an intake workflow system that the company says is designed to enable law firms to provide their clients with the kind of digital experience they expect from a modern law firm. In this interview, Oxley and Chadha say this announcement is just the start of a period of major global acceleration and innovation for the product throughout the next year. They describe some of features that they believe distinguishes Smokeball from other practice management platforms. They also talk about what's ahead for Smokeball and share their thoughts on the broader law practice management market. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Lawmatics, providing legal client intake, law practice CRM, marketing automation, legal billing, document management, and much more, all in one easy-to-use law practice software. Legalweek, the one week where thousands of legal professionals gather to network with their peers, dive deeper into their professional development, and gain the tools to get legal business done, presented by ALM and Law.com March 20-23, 2023. If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

Kathryn Tewson was a little-known paralegal when, on Jan. 24, she was suddenly thrust into the spotlight. That day, she published a scathing series of tweets recounting her investigation of DoNotPay, the company that describes itself as "the world's first robot lawyer." She concluded that the company's supposed AI-driven products were little more than smoke and mirrors and that its representations about its products constituted consumer fraud. Her findings stirred intense interest both on social media and in the traditional media. Soon after she published her findings, DoNotPay's founder Joshua Browder announced he was taking down the products she tested. Now, Tewson has filed a legal action against DoNotPay and Browder in New York state that is the first step in a potential consumer class action. Last week on this podcast, Browder was our guest to respond to Tewson's allegations and other criticisms of him and his company that have come out over the past month. In the interview, he dismissed much of the controversy as "a bit of a nothingburger." Today, Tewson joins LawNext host Bob Ambrogi to share her story of how she came to investigate DoNotPay, what she uncovered, and why she has now taken the first steps towards a potential class action. She also responds directly to some of what Browder said in last week's show. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Lawmatics, providing legal client intake, law practice CRM, marketing automation, legal billing, document management, and much more, all in one easy-to-use law practice software. Legalweek, the one week where thousands of legal professionals gather to network with their peers, dive deeper into their professional development, and gain the tools to get legal business done, presented by ALM and Law.com March 20-23, 2023. If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

On this episode of LawNext: Joshua Browder, founder of DoNotPay. Browder achieved international recognition when, at just 17 years old in 2015, he founded DoNotPay, touted as the world's first robot lawyer, to help people appeal parking tickets. The company claims the app has saved motorists in the U.S. and UK many millions of dollars. DoNotPay went on to release a series of apps designed to help consumers – and, more recently, small businesses – solve common legal problems, all without the need for a lawyer, and, along the way, it has raised some $28 million in venture funding. In recent weeks, however, Browder has been the subject of harsh criticism, both on social media and in the news media. The criticism came on two principal fronts. One was what many viewed as a pair of ill-conceived publicity stunts – first when Browder offered to pay a lawyer $1 million to argue a case in the Supreme Court guided via AirPods by DoNotPay's artificial intelligence, and the other when Browder said he would send a pro se litigant into traffic court guided by DoNotPay's AI whispering in his ear. He canceled that plan after claiming that state bar officials threatened him with prosecution. Then came a scathing series of tweets by Kathryn Tewson, a paralegal in Washington state who tried out several of DoNotPay's self-help legal tools, only to conclude that they were effectively smoke and mirrors, in some cases getting the law wrong, in others failing even to deliver the promised product. Following all that, Browder announced that he was taking down the legal tools from DoNotPay and would henceforth focus only on consumer rights. What does Browder say about all this? In this exclusive LawNext interview, he describes it all as "a bit of a nothingburger." Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Lawmatics, providing legal client intake, law practice CRM, marketing automation, legal billing, document management, and much more, all in one easy-to-use law practice software. If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

Last week, Documate, the no-code document automation platform, rebranded as Gavel, a move designed to better reflect the company's mission to become the platform of choice for legal professionals and legal organizations wanting to "productize" the delivery of legal services by packaging services as online legal products. Gavel founder and CEO Dorna Moini joins LawNext this week to discuss how her company has evolved from document automation to come to support law firms, courts, legal aid organizations, and even legal tech companies such as Hello Divorce, as they build tools to automate legal services. She also discusses how a law firm can get started on productizing its own services, why a firm would want to to this, and whether some practices are better suited for productization than others. Moini was an associate at the law firm Sidley Austin in San Francisco when she left in 2017 to found what was originally called HelpSelf Legal and focused on automating legal help to domestic violence victims. Interest from others within the legal industry in her automation platform led her to pivot the next year as Documate and focus on building automation. Over the years, as more and more of her customers built out full legal products using Documate, she decided to rebrand again as Gavel, a name that Moini believes invokes a trusted process. Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.