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Innovative Legal Leadership

Latest episodes

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Sep 26, 2023 • 38min

Jim Delkousis: PERSUIT —The Power of Value-based Pricing

Nobody loves the billable hour. For too long, law firms have viewed it as a necessary evil, partly because the right technology just hadn’t shown up yet. But now, ChatGPT and large language models have entered the public scene. And Jim Delkousis, Founder and CEO at PERSUIT, is loving every minute of it. Today, he’s watching AI breathe new life into his vision of a legal industry that values outcomes over time. Don’t miss this exclusive peek into how Jim’s career path inspired him to start PERSUIT and why he’s excited about an AI-driven legal industry.    Join us as we discuss: - An overwhelming introduction to a powerful international firm (5:03) - Realizing the need for a transparent legal marketplace (19:40) - Why AI will drive the cost of knowledge creation to zero (30:51) Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform. Listening on a desktop & can’t see the links? Just search for Innovative Legal Leadership in your favorite podcast player.  Hosted by Ausha. See ausha.co/privacy-policy for more information.
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Sep 19, 2023 • 36min

Cynthia Lareine: PERSUIT — Bridging Client and Law Firm Values

Like many young attorneys, Cynthia Lareine, Director of Community Development at PERSUIT, experienced the relentless grind early in her legal career. Feeling the pressure to always say “Yes,” she survived a culture that viewed clocking out as a sign of weakness. But today, she’s channeling her drive and experience to help advance PERSUIT’s mission to drive better outcomes in the legal industry. In this episode, we revisit Cynthia’s passionate interview as she talks about how she thinks innovation will help transform relationships and bring about real value to the field. Join us as we discuss: - How childhood discrimination influenced Cynthia’s career path (3:44) - The pressures endured by junior associates at large firms (10:02)  - How working with the African legal community led her to PERSUIT (23:00) Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform. Listening on a desktop & can’t see the links? Just search for Innovative Legal Leadership in your favorite podcast player.  Hosted by Ausha. See ausha.co/privacy-policy for more information.
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Sep 12, 2023 • 40min

PERSUIT: David Falstein — The Alternative Fee Arrangement Myth

Litigation is like war. Long, drawn-out, and unpredictable. Which is why many law firms are reluctant to quote fixed fees for these types of matters. But David Falstein, VP of Product at PERSUIT (and former lawyer and legal sourcing expert at J&J), thinks that’s really just an excuse to delay inevitable change. And he gives a compelling argument as to why AFAs can be a winning proposition for clients and firms, alike. Tune in as we revisit this insightful discussion with David about transparent pricing in fixed fee arrangements. Join us as we discuss: - Debunking the uncertainty around alternative fee arrangements (13:34) - Challenges to transitioning to a fixed fee model in law firms (24:30) - Why billable hours are a mental health nightmare (30:49) Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform. Listening on a desktop & can’t see the links? Just search for Innovative Legal Leadership in your favorite podcast player.  Hosted by Ausha. See ausha.co/privacy-policy for more information.
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Sep 5, 2023 • 56min

How AI Will Disrupt the Future Legal Landscape

There’s a lot of excitement and some trepidation around the introduction of AI in the legal ecosystem. One thing that everyone can agree on is that it’s imperative for legal functions across organizations - regardless of size - to start thinking about their AI strategy. The real value comes from learning what’s working and initiating those conversations early on. In this special webinar recap hosted by PERSUIT’s Senior Manager of Legal Advisory Maui Gevero, we discuss how AI is rapidly changing the legal landscape. Listen in as Maui leads the discussion featuring  Chris Grant, David Cunningham, and Sean Monahan, who share what they’ve learned about how companies should approach the AI conversation. Join us as we discuss: - What your firm’s overarching AI strategy should be (09:57) - Where Generative AI would have the greatest impact (33:01) - A good way to approach the AI conversation with outside counsel (49:52) Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform. Listening on a desktop & can’t see the links? Just search for Innovative Legal Leadership in your favorite podcast player.  Hosted by Ausha. See ausha.co/privacy-policy for more information.
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Aug 29, 2023 • 56min

Unlocking the Power of Value-Based Pricing: An Introduction to AFAs

The hourly bill is a relic in the age of AI. Accelerated change is driving unparalleled efficiency in the legal industry. So it’s time for law firms to stop valuing time and effort over outcomes. Also, it’s just a crappy way to work. In this special webinar recap, PERSUIT’s Director of Legal Advisory, Laura Spalding, and Legal Advisory Manager, Cassieoppia Snowden, present an overview of alternative fee arrangement (AFA) models. From the benefits to practical applications, Laura and Cassieoppia unpack why law firms should adopt AFAs and put the hourly bill in a museum.    Join us as we discuss: - Why law firms need to move away from hourly billing (4:20) - A breakdown of AFA families and their respective models (14:51) - Why scoping is the biggest barrier to adopting AFAs (45:00) Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform. Listening on a desktop & can’t see the links? Just search for Innovative Legal Leadership in your favorite podcast player.  Hosted by Ausha. See ausha.co/privacy-policy for more information.
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Aug 22, 2023 • 34min

Chris Grant: HSBC — Forget About the Input; Price for Output

There was a time when Chris Grant, Head of Legal Engagement at HSBC, started to second-guess his career path in law. A lack of innovative tools and collaboration to help streamline efficiencies gave him a chronic case of wanderlust as he bounced between in-house and private practice. But now that forward-thinking tech vendors and AI technologies are finding their feet, the future that Chris was waiting for is finally here. Chris gives an exclusive peek into the legal operations of one of the largest financial institutions in the world and how he and his team are meeting aggressive change head-on. Join us as we discuss: - (5:43) Why innovators aren’t exclusive to in-house or private practice - (10:31) 3 things that need to change in the industry going forward - (18:19) How to measure ROI for new legal initiatives - (27:46) The power of conversation and the future of legal ops Check out these resources we mentioned during the podcast: - Legal Geek Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform. Listening on a desktop & can’t see the links? Just search for Innovative Legal Leadership in your favorite podcast player.  Hosted by Ausha. See ausha.co/privacy-policy for more information.
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Aug 15, 2023 • 41min

Gregg McConnell: Corteva — Always Look for the Next Disruptor in Legal Ops

Thanks to large language models like ChatGPT, legal ops has seen incredible accelerated change over the last nine months. And some teams are still struggling with how much they can reasonably integrate these tools into their processes. Gregg McConnell, Global Director of Legal Operations and Innovation at Corteva, thinks they shouldn’t be afraid to hop on the AI train. But embracing this innovation could bring on a whole new set of challenges for the legal ops teams of the future if they’re ill-prepared. Gregg shares his insights on AI technology’s impact on legal operations and where he looks to find the next great disruptor.    Join us as we discuss: - (8:18) What the ideal GC and legal ops partnership looks like - (20:33) Corteva’s internal uses of AI, including a unique set of chatbots  - (32:33) How AI will ultimately impact legal ops roles and workflow Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform. Listening on a desktop & can’t see the links? Just search for Innovative Legal Leadership in your favorite podcast player.  Hosted by Ausha. See ausha.co/privacy-policy for more information.
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Aug 8, 2023 • 48min

Shannon Thyme Klinger: Moderna — How Generative AI Will Transform Legal

ChatGPT and similar large language models are already making a historic impact on law firms and in-house legal teams alike. So what does the future hold for day-to-day work practices in the industry, and how will we weigh the value of time going forward? In this special episode, we recap our extraordinary webinar with Shannon Thyme Klinger, Chief Legal Officer at Moderna. Jim and other members of the PERSUIT team join Shannon to address the future of AI in legal, as well as answer some burning questions from our audience. Join us as we discuss: - Risk management and compliance concerns with ChatGPT (10:43) - Why AI applications will be essential for legal teams (17:51)  - PERSUIT’s ChatGPT study on RFP proposal analysis (25:22) - How large language models will redefine time’s value (38:44) Check out these resources we mentioned during the podcast: - The Implications of ChatGPT for Legal Services and Society Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform. Listening on a desktop & can’t see the links? Just search for Innovative Legal Leadership in your favorite podcast player.  Hosted by Ausha. See ausha.co/privacy-policy for more information.
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Aug 1, 2023 • 31min

I. Stephanie Boyce: JUSTICE — Everyone Deserves a Seat at the Table

In early 2021, I. Stephanie Boyce made history as the first woman of color to become President of The Law Society of England and Wales (LSEW) in its 200-plus years. During her tenure, she was instrumental in pushing for new socio-economic initiatives, including the ACT (Achieving Change Together) task force. Although her time as acting President is over, her work to advance the DEI discussion by putting words into action is just beginning. The President of the Leicester University Law Society and Board of Trustees member for JUSTICE shares her incredible insights on in-house legal challenges and the future of DEI. Join us as we discuss: - Stephanie’s journey to becoming President of LSEW (3:25) - ACT and other group-driven DEI initiatives (10:05) - Being a steady voice in leadership during times of crises (17:42) Check out these resources we mentioned during the podcast: - I. Stephanie Boyce - The Law Society of England and Wales - LSEW Race for Inclusion Report - Achieving Change Together (ACT) - Solicitors Regulation Authority Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform.  Hosted by Ausha. See ausha.co/privacy-policy for more information.
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Jul 25, 2023 • 43min

Maui Gevero – PERSUIT: Killing the Billable Hour Through Positive Disruption

The growth in demand for legal services has been flat for more than a decade. Can AI help to change this trend and disrupt the way that law firms work? This week we're joined by Maui Gevero, Senior Manager of Legal Advisory at PERSUIT. We dive into some trends that have significantly impacted demand in the legal industry, and how law firms are expanding their teams faster than they’re growing demand. Maui also shares his views on why the traditional law firm business model no longer works, and how AI and machine learning will enable GCs to eventually phase out the billable hour format and be more outcome-driven. Maui and Jim also talk about:  - Demand and supply: Trends that have impacted law firms [00:45] - Why law firms are expanding faster than the market demand [3:38] - Why the traditional law firm business model is no longer relevant [10:07] - Why and how law firms need to think about their AI strategy [33:30] Check out these resources we mentioned during the podcast: - Maui Gevero - PERSUIT Hear more stories by following Innovative Legal Leadership on Apple Podcasts, Spotify, or any podcast platform. Listening on a desktop & can’t see the links? Just search for Innovative Legal Leadership in your favorite podcast player.  Hosted by Ausha. See ausha.co/privacy-policy for more information.

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