ReInvent Law NYC 2014 Talk: How to build a product in the legal industry that lawyers will actually buy
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This document summarizes Andy Wilson's presentation on how to build successful legal products. It discusses existing legal tech companies that have raised significant funding by creating products that make lawyers' work better, faster and cheaper. Wilson provides tips on how to generate new product ideas, such as immersing yourself in lawyer workflows, removing friction from existing tasks, and plotting ideas on a grid based on potential impact and lawyer adoption rates. One example idea presented is an automated lie detection app for depositions. The document encourages attendees to start observing lawyers and thinking of ways to reduce the steps they already take today to develop new legal products.
ReInvent Law NYC 2014 Talk: How to build a product in the legal industry that lawyers will actually buy
- 1. ReInvent Law NYC 2014 How to Build a Product in the Legal Industry that Lawyers Will Actually Buy Andy Wilson Co-founder of Logikcull.com
- 2. J % = Disruption = Opportunity
- 4. $6M CLIO A better way to manage your law 鍖rm. $7.8M JUDICATA A better way to search for case-law without using simple keywords. $1.6M UPCOUNSEL An easier way for lawyers to market themselves and get more business. Funding totals from Crunchbase.com
- 6. Convenience on the internet is basically achieved by two things: speed, and cognitive ease. Ev Williams Co-founder of Twitter
- 7. ? BUTcan you 鍖nd HOW Where ideas for products?
- 8. * U Tip: dont think, yet
- 9. Klient Kittens If you think first, youll end up with this. DROPOFF LOCATION @ 333 Wonder View Avenue 2 SEC 1 Alley SET DROPOFF LOCATION RIGHT MEOW! 10 Tabby 15 Litter Siamese Klient Kittens 速 Uber for lawyers who want to give their loveable clients, loveable kittens. The next billion dollar idea? Perhaps.Who doesnt love a kitten? - LawCrunch
- 10. 3 IDEAS
- 13. 2 You want to be this vs You DO NOT want to be this
- 14. 3 PLOT IT
- 15. ALL OF THE TIME MOST OF THE TIME UpCounsel 3 truDepo? ! ! Judicata MOST OF THE LAWYERS ALL OF THE LAWYERS Clio SOME OF THE TIME VERY LITTLE OF THE TIME Klient Kittens FEW OF THE LAWYERS SOME OF THE LAWYERS
- 16. ? truDepo If you observe first, think second, you may end up with this. I swear ya honor. I was taking care of my sick grandma. Id never rob a bank. Neva eva. Swear. 99.78% Lying Fact Al Cappone was at the Brooklyn Bank on April 1, 1931 at 2:34 AM EST along with the Brooklyn Rippers... Watch surveillance video 9 Map location @ Recording...5 min 23 sec R truDepo 速 Automated lie detection for depositions Id be lying if this wasnt the must-have app for every lawyer in the country. And it would know. - LawCrunch
- 17. Finding a good idea for a legal product is as simple as identifying... FEWERYOU ALREADY STEPS TO DO WHAT DO TODAY
- 18. Theres never been a better time to start a tech company, so... START MEOW