Revolutionizing Dispute Resolution: AAA's Acquisition of ODR.com & The Future of AI-Powered Arbitration
Technically Legal - A Legal Technology and Innovation Podcast
Release Date: 07/17/2024
Connecting Main Street to Wall Street: How Data Driven Financial Regulation and Emerging Tech Like Crypto Can Help Bridge the Gap (Lucas Moskowitz - GC, Robinhood) (Replay)
Technically Legal - A Legal Technology and Innovation Podcast
A conversation with , General Counsel for financial services company . Launched in 2013, Robinhood’s stated mission is to "democratize finance for all" by making it easy for investors to start investing with a few bucks rather than having to be a high roller. Key to this effort is the fact that Robinhood offers commission-free trading and also provides access to cryptocurrencies. The discussion covers various topics, including: Robinhood’s Mission: Lucas explains Robinhood's mission to democratize finance by breaking down barriers to investing and making it accessible to...
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Technically Legal - A Legal Technology and Innovation Podcast
In this Best of 2024 episode, we revisit our conversation with Scott and Digby Leigh, founders of AltFee—a legal tech startup tackling one of the industry’s biggest challenges: the billable hour. Despite decades of debate, the billable hour still dominates legal billing. Enter AltFee. The app helps legal professionals scope, price, and manage projects using alternative fee arrangements (AFAs), offering clients more transparency and value. Scott and Digby highlight why AFAs matter now more than ever: as AI reduces time spent on tasks, value-based pricing will become essential. AltFee...
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Technically Legal - A Legal Technology and Innovation Podcast
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Technically Legal - A Legal Technology and Innovation Podcast
In one of the most popular episodes of 2024, John Grant talks about how legal teams can adopt Agile and Kanban project management methodologies to optimize workflows, correct bottlenecks and increase client satisfaction. John is a lawyer and the founder of The Agile Attorney consultancy. As John explains, the traditional project management method is waterfall. A technique often used by technology companies, involving a sequential approach where each stage is dependent on the completion of the previous one. But John is a proponent of the newer, Agile methodology, which emerged from the software...
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Technically Legal - A Legal Technology and Innovation Podcast
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Technically Legal - A Legal Technology and Innovation Podcast
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Technically Legal - A Legal Technology and Innovation Podcast
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Technically Legal - A Legal Technology and Innovation Podcast
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Technically Legal - A Legal Technology and Innovation Podcast
originally wanted to be an architect but got into disability law after taking over his father in law’s practice. To establish his client’s disability claims, he would have them manually enter daily notes into a pain journal, but he often had difficulty getting clients to consistently maintain the journals because they might forget and it was a completely manual process. He thought to himself, there has to be an app for that, but when he looked, he found some that were close, but not exactly what he needed. So, he created his own and called it . By using the app, disability claimants can...
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From Bail Hearings to Blockchain Believer and Advocate: DeFi Education Fund’s Amanda Tuminelli (CLO)
Technically Legal - A Legal Technology and Innovation Podcast
, Chief Legal Officer for the , visits the podcast to discuss her role with the organization and its objectives. (What is DeFi? It is shorthand for Decentralized Finance and the backbone of DeFi is blockchain technology and smart contracts.) The DeFi Education Fund is a nonpartisan research and advocacy group working to explain the benefits of DeFi, achieve regulatory clarity for the future of the global digital economy, and help realize the transformative potential of DeFi for everyone. Amanda goes in depth into the DEF’s areas of focus: Research and Advocacy Policymaker Education ...
info_outlineThis episode involves two people with very distinguished careers. Bridget M. McCormack who now heads the American Arbitration Association (AAA) and Colin Rule, the founder of ODR.com just acquired by The AAA.
Bridget has served in just about every role you can in the legal industry. She started her legal career in legal aid and as a public defender handling trials and appeals. She then moved to teaching law school, first at Yale and then Michigan.
After her stint as an educator, she decided she wanted to help foster even more change and won a seat on the Michigan Supreme Court where she ultimately ascended to the position of Chief Justice. Fast forward to 2023 and she took the helm of the AAA.
One of Bridget’s biggest initiatives at AAA is bringing tech into the arbitration process and that is where Colin Rule comes in. He founded an online dispute resolution (ODR) company, about 15 years ago that ultimately became ODR.com which the AAA just announced it was acquiring.
To say that Colin is an ODR OG is an understatement. He literally wrote the book on ODR way back in the early days of the internet. Ebay brought him on board in the early 2000s where he headed up the company’s ODR function.
In this episode Bridget and Colin discuss:
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AAA's acquisition of odr.com: The strategic partnership between AAA and ODR.com to revolutionize dispute resolution.
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AI's transformative role in dispute resolution: How AAA is using AI internally and through external tools to improve efficiency and accessibility.
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The future of dispute resolution: A vision for a more accessible, efficient, and user-friendly system that leverages technology and data.
Episode Credits
Editing and Production: Grant Blackstock
Theme Music: Home Base (Instrumental Version) by TA2MI