-
Developing market-creating innovations in emerging markets
For over a decade I have been thinking about doing further study whether a masters, MBA, LLM or even a PhD. For various reasons I haven’t pressed the button on anything, although in 2019/20 I did get close. I had just read a brilliant book called the “Prosperity Paradox” by Clayton Christensen which discusses why […]
-
Trends and issues of AI-enabled legal and compliance services
As AI continues to transform many industries[1], including the legal service industry, many experts are unanimous in predicting exponential growth in AI as a paramount technology to bring new tools and features to improve legal services and access to justice. Already, many aspects of the estimated $786B[2] market for legal services are being digitised, automated […]
-
Top ten traps which cause GC’s to fail around technology, automation and change
I recently came across a brilliant guide from Plexus, a legal software and services provider based in Australia. Although most GCs will rate rate ‘investing in technology and automation’ as their top priority, many initiatives will never get past the starting line. There are many reasons for this and everyone’s context is different. It is […]
-
U.K. government AI standards published
https://www.gov.uk/government/news/uk-government-publishes-pioneering-standard-for-algorithmic-transparency
-
The 12 Core Principles for Legal Operational Excellence
Management consultants whether McKinsey, BCG or Accenture have made an industry out of identifying best practices and applying to specific company challenges. Although most in-house legal and compliance departments have remained immune from this for many decades, the tide has been turning for some years now with many legal departments building out higher-performing teams, operations, […]
-
Gartner’s Top 5 Legal Technology Trends Changing In-House Legal Departments
This week I came across an article from Gartner (Feb 21) covering future trends within in-house legal departments. I think the list still holds true, although it will be interesting to check when the 2022 version comes out soon. Obviously most lawyers have long been resistant to and risk-averse about new technologies and automation, but […]
-
BBC’s Reith Lectures – Living with AI
Last Wednesday BBC R4 hosted the first of 4 weekly lectures hosted by Professor Stuart Russell, a world-renowned AI expert at UCLA. The talks (followed by Q&A) examine the impact of AI on our lives and discuss how we can retain power over machines more powerful than ourselves. I think this area (e.g. AI commercialisation, […]
-
Legaltech Venture Investment
This week Crunchbase produced some numbers covering Legal tech investments in 2021. Legal tech companies have already seen more than $1 billion in venture capital investments so far this calendar year, according to Crunchbase data. That number smashes the $510 million invested last year and the all-time high of $989 million in 2019. While dollars […]
-
How to Fail Fast and Pivot: Lessons from the Legal Ops Front Lines
This week I attended a virtual Summit hosted by CLOC (Corporate Legal Operations Consortium). One interesting session covered lessons learned from developing and implementing legaltech and operation changes within legal and compliance teams of large corporates and SMEs. Panelists including range of lawyers, project managers and legalops experts from Netflix, Salesforce and GE and covered […]
-
Ultimate Resource List: Optimising & Transforming Legal Services
Here is a list of great resources I have started to compile recently. I’ll continue to add here over time and hopefully build up a pretty good catalogue for those people interested in optimising and transforming legal services, whether legal and compliance teams and departments, law firms, or other service providers. As the list get […]
-
Evaluating Your Business Idea With Better Customer Discovery Questions
As someone who is fascinated with start-ups and business ideas, I loved this post called “100 Questions You Can Ask In Customer Interviews”. In it, the author compiles an inventory of questions you might need to better understand the problem you are trying to solve for the customer, how important is it for them in […]
-
25 Legal Tech Stats for 2020/21
This week I came across a blog post from ImpactMyBiz which compiled a list of great statistics, use cases and market data pertaining to the current state of technology in the legal sector. In sum, there’s a lot of good progress but the sector is still subject to a lot of hype and extremely slow […]
-
“New Law” Opportunities for Law Firms
I recently came across a presentation I gave in April 2015 to senior partners at Eversheds LLP in London. At the time, Eversheds were proactive in starting to diversify their professional services offerings away from traditional legal and transactional work into ‘alternative’ services areas, such as business improvement consulting for in-house legal teams, and flexible […]
-
Management of Portfolios (“MoP”)
Today I sat (and passed) the MoP Foundation Exam run by PeopleCert on behalf of AXELOS. I’ll do the final Practitioner exam next week. I bought the on-demand training via SPOCE, a UK training firm specialising in project management (“PM”) certifications such as PRINCE2, Agile, MSP etc. Although I’ve had over 15 years experience with […]
-
8 Areas of Leadership Focus In Times Of Ongoing Disruption
In July last year I published a research and later and an eBook called REIGNITE! From Crisis To Opportunity In A COVID World. In light of a recent lockdown where I live (Guernsey) I thought it worth reflecting on what I wrote back then. To help I’ve pasted an infographic containing 8 areas where leaders […]
-
A Stronger Science, Technology + Innovation Agenda: 6 Areas of Focus
“Science, technology and innovation (STI) are universally recognized as key drivers for economic growth, improving prosperity, and essential components for achieving the Sustainable Development Goals (SDGs)” – UN Conference on Trade and Development (2019) A few months ago I wrote down some thoughts and questions after being inspired by political events where I live (Guernsey) […]
-
A Quick Course on Lean
Today I came across a brilliant resource from Steve Blank for anyone interested in better understanding ‘lean’. It covers resources helpful for a formal class or for anyone who wants to review the basics. Here is what he provided: Lean in Context No Business Plan Survives First Contact With Customers How did we build startups in […]
-
RIP Tony Hsieh
I first came across Tony Hsieh when I read his book Delivering Happiness soon after it was published in 2010. I remember immediately being captivated by his story as a scrappy but ultimately successful tech start-up founder, and then as an early investor and employee at ShoeSite (later Zappos). There he focused on people and […]
-
Understanding Value Proposition
Last week I posted here about my experience mentoring a start-up team from LSE’s Innovation Accelerator programme. This week I have asked the team to get more ‘granular’ to better define, understand and analyse the problem they are focused on solving i.e. identify user pain-points, challenges, jobs to be done. In the original Uber pitch deck the co-founders […]
-
Think Tank Credibility
After listening to a podcast with Tristan Harris (co-founder of the think tank, Centre for Humane Technology), I’ve started to take a closer look into think tanks over the past few months. Given the recent Congress Hearings with Tech leaders and upcoming elections in US (and Guernsey where I have resided since 2016), I am […]