More than 60% of lawyers now use AI.
Almost none of their firms have changed how the work actually gets done.
Read the postYour firm bought the tools. The work still runs the way it did in 2019.
Redesigning it means opening compensation, the partner track, and how the firm measures itself. Most firms stop at the purchase.
I'm Ted Theodoropoulos. 20+ years in legal technology, including time at Microsoft. Today I'm CEO and co-founder of Infodash, which more than one-third of the AmLaw 200 runs on.
Recognition
Financial Times Law 50
Innovative Leader of the Year
Fellow
I write about legal AI strategy, law firm technology, knowledge management, and the economics of the law firm business model. I host Legal Innovation Spotlight, weekly since 2023. And I build Infodash, which more than one-third of the AmLaw 200 runs on.
Writing
This is how I prepare for ILTACON.
An IV with all the goodies to get ahead of the onslaught of alcohol, germy people (kids are back in school), lack of sleep, and the insane schedule.
If you're a KM or innovation leader trying to plan ILTACON around what your firm is actually working on I have a resource which will help.
Last month I published the nine objectives Big Law leaders say they're prioritizing in their AI transformations. Our team took that framework and re-sorted the entire KM&I track against it.
A 1990 paper by economist Paul David explains why many law firms will get AI wrong.
David studied the electrification of American factories. In 1899, electric motors powered less than 5% of factory machinery, two decades after the technology was proven. Why the lag?
The corporate legal department of the AI era will look like a Gazelle-phant.
That was one of my favorite concepts from this week's podcast with Bjarne Philip Tellmann.
Airtable just sold for 2.7x revenue.
Three days later, Harvey reportedly raised at 44x. Bending Spoons just bought Airtable for $1.28 billion in cash. In 2021, Airtable was valued at $11.7 billion.
Legal Innovation Spotlight
My podcast. Conversations with the people changing how law firms work, and the people selling to them. The best ones turn into arguments.
All episodes