Ep 030 Interview with Raj Goyle, co-founder and CEO of Bodhala
Legal Tech StartUp Focus Podcast
Release Date: 05/26/2021
Episode 58 of the Legal Tech StartUp Focus Podcast - A conversation with Peter Duffy, founder of Titans, a legal tech and innovation consulting company, and publisher of the Legal Tech Trends newsletter
Legal Tech StartUp Focus Podcast
Your podcast host, Charlie Uniman, and Peter discuss: Peter’s professional background and his founding of Titans () and the creation of the Legal Tech Trends newsletter () Adoption trends, including the factors promoting (or hindering) legal tech adoption by large law firms Where large law firms are when it comes to the GenAI “hype cycle” Peter’s most contrarian view on legal tech What are the biggest mistakes (“own goals”) or oversights that legal tech vendors suffer from Peter’s (surprising views) as to what the blue ocean spaces are in the legal tech competitive landscape
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Episode 57 of the Legal Tech StartUp Focus Podcast -- An interview with Tanguy Chau, co-founder & CEO of Paxton and Michael Ulin, co-founder and CTO of Paxton
Legal Tech StartUp Focus Podcast
Tanguy's and Mike's Respective Backgrounds and Path into Legal Tech: Tanguy is an engineer with advanced degrees (including an MBA) from MIT and experience in venture capital, notably early-stage investing in legal tech startups (one of such startups being Ironclad) Mike has a background that includes working at the Federal Reserve, McKinsey, and co-founding a company that applied AI in the insurance space. Mike’s experience with AI and legal/regulatory challenges contributed to starting Paxton. Paxton's Recent Award: Celebrated being one of the winners at the 2024 ABA Tech Show Startup...
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Episode 56 of the Legal Tech StartUp Focus Podcast -- A conversation with Jackie Schafer, founder and CEO of Clearbrief
Legal Tech StartUp Focus Podcast
In this podcast episode, Jackie shares her personal journey from working as a lawyer to founding Clearbrief, an AI-powered litigation analysis tool that integrates with Microsoft Word to assist with research, citations, and document management. Jackie and Charlie discuss the challenges women founders face in getting venture capital attention and support, even when their offerings are high quality. Jackie spoke about the importance of women legal tech startup leaders speaking confidently about their product and its market prospects (especially when, as was the case with Jackie’s own early...
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Episode 55 of the Legal Tech StartUp Focus Podcast -- An interview with Dan Broderick, co-founder and CEO of Blackboiler
Legal Tech StartUp Focus Podcast
In this episode, your podcast host, Charlie Uniman, and Dan Broderick discuss: How Dan started BlackBoiler after practicing law for 7 years, having gotten the idea for Blackboiler while reviewing large numbers of contracts for a client and realizing how much of the work could be automated. BlackBoiler’s focus on automating high-volume contract review and markup during the negotiation phase, with BlackBoiler using machine learning AI to learn from historical edits and rule sets in order to suggest edits in tracked changes. BlackBoiler’s target market consists principally of corporate legal...
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Episode 54 of the Legal Tech StartUp Focus Podcast -- A Conversation with Otto Hanson, CEO of TermScout
Legal Tech StartUp Focus Podcast
· Otto is CEO of TermScout, which provides data and analytics on market terms in contracts to reduce friction in negotiations. · Otto was motivated to start TermScout after seeing startups overpay for legal services due to a lack of data on market terms. · TermScout uses AI and human review to analyze contracts and provide market data on common clauses. · TermScout's offering helps lawyers know what's "market" to resolve disputes over contract terms. TermScout's customers are both the contracting parties and their legal teams. · TermScout also offers...
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Episode 53 of the Legal Tech StartUp Focus Podcast -- A Conversation with Mathew Kerbis, founder of Subscription Attorney and evangelist for the subscription legal services business model
Legal Tech StartUp Focus Podcast
Mat Kerbis founded Subscription Attorney LLC to offer legal services through recurring monthly fees rather than hourly billing; in that way better aligning incentives between lawyer and client. Going solo allowed Mat the freedom to innovate with new billing models, which is harder at larger firms wedded to the billable hour. The subscription model expands affordable access to legal help, helping close the "justice gap." Mat leverages legal tech and other automation strategies to work efficiently and keep costs low as a virtual...
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Episode 52 of the Legal Tech StartUp Focus Podcast - A Conversation with Steve Fretzin, Podcast Host of BE THAT LAWYER and Legal Business Development Coach for Lawyers
Legal Tech StartUp Focus Podcast
Podcast host, Charlie Uniman, and Steve Fretzin discuss: Lawyers need training in business development and client relations, which is not taught in law school. Technology can help lawyers be more efficient, so they have time for business development. Social media is a great marketing equalizer that allows individual lawyers, as well as small-to-medium-sized firms, to build their brand and get their voice out, social media's certainly not just for big firms. Automating scheduling, email outreach, and content creation through technology frees up lawyer time and builds...
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Episode 51 of the Legal Tech StartUp Focus Podcast (www.legaltechstartupfocus.com/podcast)-- An Interview with Gaurav Oberoi - CEO and co-founder of Lexion
Legal Tech StartUp Focus Podcast
In this 51st podcast episode, your podcast host Charlie Uniman interviews Gaurav Oberoi, CEO and co-founder of Lexion (). Gaurav talks about how, as a software developer and not a lawyer but who recognized the potential of natural language processing AI, he ventured into the legal tech industry. He co-founded Lexion to focus on making sense of contracts for corporate enterprises. During its history, Lexion transformed from being a simple repository for contracts to a CLM for an entire organization that serves as an operational workflow platform to speed up deals. Gaurav also describes...
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Episode 50 of the Legal Tech StartUp Focus Podcast (www.legaltechstartupfocus.com/podcast) -- An Interview with Kevin Miller, CEO of LegalSifter (www.legalsifter.com)
Legal Tech StartUp Focus Podcast
Among the subjects that your podcast host, Charlie Uniman, discusses with Kevin are: What does LegalSifter do and how does it do it? The hype cycle of AI. The growth of the company? Finding the right investor for a legal tech startup. Partnering with other companies. Regulatory reform in Arizona.
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Episode 49 of the Legal Tech StartUp Focus Podcast (www.legaltechstartupfocus.com/podcast) -- An Interview with Andy Hoyt, CTO of Aderant (www.aderant.com)
Legal Tech StartUp Focus Podcast
At the outset of the podcast, Andy shares his professional background, which spans over 20 years in the technology industry, building software solutions for various industries. He also talks about his transition to legal tech and his excitement about the future of innovation in the industry. Charlie and Andy discuss Aderant's broad functionalities, including practice management, litigation management, billing, recruiting, and knowledge management. Andy turns next to his current focus on innovation and disruption in the legal industry through data analytics and AI. Andy mentions Aderant's...
info_outlineEpisode 30 of the Legal Tech StartUp Focus Podcast -- Interview with Raj Goyle, co-founder and CEO of Bodhala
In this episode of the Legal Tech StartUp Focus Podcast (www.legaltechstartupfocus.com/podcast), your host, Charlie Uniman, interviews Raj Goyle, the co-founder and CEO of Bodhala (www.bodhala.com). Bodhala assists in-house legal departments in managing their outside counsel spend and describes itself on its website as follows: "Bodhala’s mission is to create a transparent market for legal services. Using data to illuminate price discovery, we can drive competition and innovation not just for buyers of legal services, but for the entire industry."
Raj begins the podcast by talking about his professional journey to legal tech. After college and law school, Raj worked in the non-profit sector and on public interest and civil rights law matters, entered politics after winning election to the Kansas State House of Representatives and served as the director of a family investment office. Listeners will hear from Raj about how it was his work in public interest law and the public sector (and not - as one might have expected - any prior work in a commercial law practice) that motivated him to strive for efficiency in the delivery of legal services and, at Bodhala, to help in-house legal departments monitor and control their law firm legal-spend
Raj next describes what differentiates Bodhala from other legal tech companies in the spend management space (hint: offering data cleansing and data organization to its customers, together with up-to-date "what's market" information about legal-spend). In this segment of the podcast, Raj pulls no punches in explaining what it is about much of private law firm practice and the self-regulation of the legal industry that incentivizes behavior that, in turn, makes spend management such a pressing issue for so many law firm clients.
Charlie and Raj close this episode with a discussion of legal tech startups' increasing success in fundraising from institutional investors. Here Raj observes a surge in interest in investing in the legal tech vertical on the part of not only venture capital firms, but also private equity firms.