New Territories Podcast — Ep 4: What is Legal Tech and How Will it Transform Businesses?
How will the Big 4 Accounting firms adapt to legal-tech? What is a Virtual Law Firm? Will technology replace lawyers? Listen to find out!
What is the New Territories Podcast?
The New Territories Podcasts hosted by Joyce Lai is a Brooklyn Project initiative that features conversations with industry thought leaders exploring the intersection of law, policy, blockchain technology and more.
Listen and subscribe to the New Territories podcast:
Episode 4: The Paradigm Shift of Legal Tech
Blockchain tech forces us to evaluate and reimagine the ways in which we trust people with whom we do business. Legal contracts, and the way legal services are delivered are integral components of the trust paradigm. Technology is being implemented into the provision of legal services like never before. For law firms, what does it say about their current business models? For attorneys, what does it say about the relevance of their skill sets? For the legal industry as a whole, how do we create standards in which can all work together?
In this episode, Joyce, Stevie, and David discuss:
- Legal tech is ever-evolving. What does the term “legal tech” refer to in 2019?
- How law firms can realign their business models to better focus on client outcomes.
- Do lawyers need to be engineers and learn how to code in the future?
- Machine learning and legal tech.
- The Automated Convertible Note.
- Mass adoption of smart contracts depends on standardization.
- The rise of “virtual law firms” and services providers with dual technology and law components.
- How is the trust paradigm-shifting?
- Should law firms be weary of the “Big Four” accounting firms?
About the Guests:
Stevie Ghiassi
Stevie Ghiassi is the inaugural President of the Australian Legal Technology Association (ALTA) and Co-Founder, CEO of Legaler. Stevie is committed to pursuing a better world through technology to advance the delivery of legal services and expand access to justice by leveraging distributed ledger technologies such as blockchain.
David Cios
David Cios is Corporate Counsel at ConsenSys with a focus on designing and implementing technology solutions that streamline the provision of legal services. Prior to ConsenSys, David was an associate at Latham & Watkins’ Equity Derivatives Transactions group.
About Joyce Lai, Host of New Territories
Joyce Lai works at the intersection of law and technology at ConsenSys alongside the blockchain industry’s brightest developers and other professionals who take great pride in creating a decentralized future. Through the Brooklyn Project, a ConsenSys “open-source” public policy initiative, she helps the world gain a deeper appreciation of how the application of forward-thinking policy to blockchain technology can bring a positive impact. Prior to ConsenSys, she spent several years in private practice advising investment advisers at Seward & Kissel LLP in New York.
Joyce received dual undergraduate degrees in biology and economics from UC Davis and her J.D. from Fordham University School of Law. Joyce speaks frequently on topics involving blockchain technology, regulations, public policy, and other legal issues.
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Disclaimer. The views, information, and opinions expressed are solely those by the author above do not necessarily represent the views of Consensys AG. They are meant for informational purposes only, are not intended to serve as a recommendation or investment advice to buy or sell any securities, cryptoassets, or other financial products.
