Startup co-founder and CEO of ECFX, Dan O’Day, joins host Bill Bice on why he created a new legal tech company and forecasting what kinds of technology law firms are going to require in the next 5-10 years:
- The larger trend of attorneys that want to put technology to work at their firm
- Talent expectations around digital tools and hybrid operations
- ‘Humps’ in embracing newer technologies like AI contract analysis vs. ‘practical’ technologies that solve core problems in workflow
- Increased automation adoption and creation around manual, mundane, repetitive processes
- The uncharted frontier for legal tech: applying technology to the practice of law, not just the workflows that support it
