Category: LegalTech
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Tech-Savvy Lawyering: Non-AI Trends You Need to Know
Written for the ABA Center for Innovation End of Year Report By Joseph Raczynski In the ever-evolving landscape of LegalTech, the past year has seen advancements that are reshaping how law firms both practice and operate. For small and medium-sized law firms, staying ahead of these trends is crucial not only for maintaining competitiveness, but…
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Tech Snippets Today – CahillNXT at Consensus with Joseph Raczynski
What impact might current legislation have on digital assets? How can someone navigate through the complexities of cryptocurrency rules and regulations? This was an insightful conversation with two gurus of digital assets from CahillNXT, at the law firm Cahill. I met with Samson A. Enzer and Lewis Rinaudo Cohen at Consensus in Austin recently. They…
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Tech Snippets Today – Rob Scott – Chief Innovator – Monjour with Joseph Raczynski
It has been a moment since we stepped back into the LegalTech arena. Today, I am happy to have Rob Scott who is revolutionizing the field of technology law as Chief Innovator of Monjur, a pioneering venture with a laser focus on transforming legal services for IT services firms. The focus of our discussion was…
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Tech Snippets Today – Pramata – Praful Saklani – Co-Founder and CEO, with Joseph Raczynski
A dynamic and charismatic leader and conversationalist, here is my discussion with Praful Saklani, Co-Founder and CEO of Pramata. We focus on LegalTech and the issues clients; law firms, and corporate counsel have with the contract process. As Praful is steeped in AI, we certainly go down the rabbit hole of the future of Artificial…
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Business in the Digital Age – Episode 4: Joseph Raczynski
Truly enjoyed listening back to this podcast that the exceptional Paul Caddy at Shoosmiths invited me to join back in April. Wide ranging topics from #AI, #blockchain, and #NFTs, and their impact on society, business, and law firms were discussed. I touch on the cool and the scary, which always makes for some fun! Check it out here… https://www.podbean.com/ep/pb-yi9tr-1443c3d
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World Government Summit – Dubai UAE – Day One Recap
The World Government Summit began today in Dubai. Here’s a glimpse into Day 1. Vitalik Buterin and Balaji Srinivasen spoke about #DigitalNomads and future #government structures. Day 3: I’ll be speaking on various types of technology and their impact on legal and government.
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Litigation Radio: Ten Tips for Building a Scalable and Sustainable Law Practice
https://open.spotify.com/embed/episode/5zw60rI3y6W3XzPZxjwEDd?utm_source=generator
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ABA Center for Innovation – Trends Report 2022
Happy to have played a small role in this report with sections on: Defining a Legal Platform What is an API in the Legal Industry AI – Artificial Intelligence in Legal What is the Metaverse and Why it is Important The Innovation Trends Report will focus on case studies in three areas: Internal ABA Innovations,…
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Tech Snippets Today – Thompson Coburn – Tom Polcyn, Partner & Chair IP
A great discussion about trademark law (IP) in legal surrounding the Metaverse with Tom Polcyn, who leads the IP practice at Thompson Coburn. We unpack the implications of trademarking your company name for the metaverse – a possible future proofing of ownership going forward. Does it make sense… and its resulting implications. For more information,…
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Animated Series: What is an API?
Originally published on the ABA Center for Innovation, Innovation and You by Joseph Raczynski with creative by Elise Harmening, Esq. What is an API?, was written by Joseph Raczynski of Thomson Reuters, a member of the Governing Council for the Center for Innovation, and created by Elise Harmening, Esq., Project Specialist Manager at the Center for…
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Podcast: The Hearing – Houman Shadab, Professor of Law NYLS
From the producers… Bitcoin: bringing FOMO since 2013. What would your scream sound like if you had dismissed Bitcoin as a joke in your law class in 2013 at $100 dollars – when it sits at $60,000 today? Joe’s guest this week is Houman Shadab, the Director of the Innovation Center for Law and Technology…
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Podcast: The Hearing – Stan Litow, Professor Duke and Columbia University
From the producer… The achievements of this episode’s guest have been celebrated by the Council on Foreign Relations, Harvard Business Review, The Economist, The New York Times, Forbes and Wired. Joe is talking to the founder of P-TECH, and author of Breaking Barriers, Stan Litow. They begin by discussing Stan’s early career – working for…
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Podcast: The Hearing – Stevie Ghiassi, Co-founder Legaler and Legaler Aid
Question: What do the Iranian national football team, NFTs, Hotel Rwanda and tennis great, Andy Murray have in common? Answer: Stevie Ghiassi, Co-founder of Legaler and Legaler Aid. And my guest this week! In this episode, Stevie chats with me about his unlikely journey from running a chain of souvenir shops to becoming a legal…
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The Law Firm of the Future
Interview with Joseph Raczynski, written by Michelle Worrall Tilton Kanas City Metropolitan Bar Association Attorneys look to precedent to solve today’s legal problems. “Steeped in tradition” is how we often describe the legal profession. As result, it’s no surprise that there is inherent tension between emerging technology and the legal profession. The American Bar Association’s…
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Podcast: The Hearing – Andrew Fletcher, Director at Thomson Reuters Labs
Lots of fun this week on The Hearing Podcast with my colleague Andrew Fletcher, Director at the Thomson Reuters Labs. If you enjoy uncovering what the future (and the now) of the legal industry might look like, take a listen. We toss aside the fluff, and meet at the cross section of AI, APIs, Design…
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CodeX FutureLaw 2021: Computational contracts create a Big Bang in legal
Originally published on the Legal Executive Institute. By Joseph Raczynski The bleeding edge of the legal industry is now building interfaces at the intersection of code and law through computational contracts. These computational contracts (sometime called smart contracts), according to Stanford University, are a universal Contract Definition Language that will allow terms and conditions to be represented in machine-understandable…
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Non-Fungible Tokens (NFTs): Asset ownership via blockchain rockets into legal
In a two-part series, we will look at Non-Fungible Tokens, explaining what they are and how they will impact numerous industries; and how decentralized finance (DeFi) is critical to understanding NFT’s importance within the legal industry. Originally published on the Legal Executive Institute. By Joseph Raczynski Welcome to the early days of where blockchain goes mainstream,…
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Understanding the lessons of the pandemic and human nature at Legal Geek
Originally published on Thomson Reuters, Legal Institute. By Joseph Raczynski The pandemic was “the great equalizer” for the legal industry, combining the good from before with the great from the now. A recent half-day virtual event, Legal Geek Presents Thomson Reuters Takeover, underscored this idea and offered a glimpse into the latest legal insights on the…
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Podcast: The Hearing – Federico Ast – Cofounder & CEO – Kleros
From the producer: Here at The Hearing HQ we’ve really missed travelling. So being whisked (virtually) to Buenos Aires for this week’s episode was a real treat! Meet Joe’s guest, Federico Ast, the CEO and founder of Kleros. He’s deeply intelligent, thoughtful and one hell of an aggravator in the world of justice. Federico has…
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Podcast: The Hearing – Doug Pepe – Partner – Joseph Hage Aaronson LLC
From the producer: You may have watched as Mark Zuckerberg explained the internet to Congress in a way that felt a bit unnecessary. Well, this episode is sort of the opposite of that. Joe Raczynski is joined by legal and mathematical macroeconomics genius Doug Pepe, to take us through blockchain, tokens and cryptocurrency in a…
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ILTA’s 2020 Annual Legal Technology Survey
It’s out! In a year unlike any of the 30 previous annual surveys, the 2020 International Legal Technology Association’s (ILTA’s) Annual Survey breaks down the technology transformation afoot resulting from the ongoing pandemic. With insightful data-driven industry trends, this year’s ILTA survey highlights the rapid pivots, swerves, and shifts happening in the legal technology marketplace. All of…
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Podcast: The Hearing – Ron Levine – General Counsel – Herrick, Feinstein LLP
In this week’s episode, we showcase a conversation with Ron Levine, General Counsel at Herrick, Feinstein LLP. Ron, a graduate of Princeton University and Harvard Law School, speaks as a thoughtful realist, proponent for good, and a practitioner of what he preaches. He bears witness as a 40-year litigator, discussing the fascinating dealings of what…
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ILTA-ON goes on: Biggest legal tech conference of the year presses onward
Originally published on the Legal Executive Institute. By Joseph Raczynski In a year like no other, the most prominent legal technology conference recently wrapped their weeklong virtual event as the International Legal Technology Association (ILTA) morphed its annual ILTACON event into ILTA>ON. After initially vacillating on a hybrid in-person and virtual event, before ILTA decided to…
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LegalTech Report Card and Predictions 2020 to 2060 – ILTA Conference 2020
I had the privilege of being selected to report on how ILTA (International Legal Technology Association) did on their predictions from 2013 up to today, during their 2020 ILTA-ON Conference. Even more fun, predicting what technology and LegalTech will look like from 2020-2025, and then going out to 2060. Remember back when we had ‘Law…
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Part 2: APIs: The cardiovascular system of the legal platform
Originally published on the Legal Executive Institute. By Joseph Raczynski Previously, we discussed how platforms create an ecosystem or environment that allow people and businesses to interact and accomplish tasks and ultimately create a network that can connect and benefit the entire community. Within this environment, of course, interoperability flourishes – pushing early adopters and innovators to…
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Part 1: What the heck is a legal platform and why does it matter now?
Originally published on the Legal Executive Institute. By Joseph Raczynski In the past, I’ve spoke about a possible tsunami of change within the legal industry. It is something I have been carefully watching for several years, but now I think the switch may about to be thrown. During a recent discussion about legal tech startups, Prof.…
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Part 4: Legal Geek’s Uncertain Decade – The future of legal technology & digital transformation
Originally published on the Legal Executive Institute. By Joseph Raczynski By 2030 we will see significant lawyer work being done by machines. As exponential growth of technology consumes to world, the legal industry is especially appetizing. As a result, legal services will be fundamentally different than today in terms of both job function and the way legal…
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The current status of the (virtual) courts
Originally published on the Legal Executive Institute By Joseph Raczynski Likely the single most salient after-effect of the current pandemic on the legal landscape is its impact on the courts. Previously, the variance of their technological proficiency ranged from fundamentally unchanged over the last 100 years, to jurisdictions that embraced a technological bent forward over…
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Part 3: Legal Geek’s Uncertain Decade: How does the US and the UK match-up in legal?
Originally published on the Legal Executive Institute By Joseph Raczynski In the next decade legal knowledge will be a skill, not a practice. The assumption is that knowledge is table stakes, and technology is now the enabler buoyed by flourishing legal tech startups. These industrious neophytes are marshaling services previously owned by the practice of…
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2020 cloud update—acceleration to platform
Originally published on Legal Insights Europe. By Joseph Raczynski Cloud adoption has increased steadily over the last several years since we last forecast an Increasingly Cloudy outlook for law firms in 2017. The most recent industry data, ILTA’s 2019 Technology Survey finds that 72 percent of those surveyed across the law firm landscape will expand their use of Cloud…
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Work From Home Checklist
Last week I created a checklist for those organizations that have not had people, at scale, work from home. There are two lists. The first list helps someone who has not worked from home previously checkoff that they have all the necessary resources from A-Z to do everything they would normal do at their office. …
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Legal technology conference (r)evolution—the launch of Legal Geek North America
Originally published in Legal Insights Europe. By Joseph Raczynski Like the legal industry itself, legal technology conferences are transforming and Legal Geek is leading the change. These industry events are finally beginning to mirror the, more, customer centric start-up community perspective. Taking a step back, a decade ago the most renown and popular legal industry conferences…
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What is the current state of legal technology around the world?
Originally published on Legal Insights Europe by Joseph Raczynski Technology discussions once reserved solely for select Chief Information Officers (CIO), Chief Technology Officers (CTO), and technologists—are now commonplace for executive committees, partners, and associates at law firms. This transformative shift over the last four years is remarkable to witness. With wider audiences leaning into the…
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The vice grip of cybersecurity concerns on law firms
Originally published on Legal Insights UK & Ireland By Joseph Raczynski Law firms stand in a very precarious position in the cybersecurity world. Next to financial institutions, private legal institutions are a virtual honey pot for cybercriminals. Any breach, no matter the size, impacts the client, and certainly could destroy a firm’s reputation. Four years ago,…
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Beyond Cryptocurrency: 5 Questions about the Future of Blockchain for Thomson Reuters Technologist Joe Raczynski
Written by Gina Scialabba and originally published by the Legal Executive Institute Blockchain — we’ve all heard about it, and also heard that it will certainly disrupt the financial, legal and public sector worlds near you. The real questions surrounding the future of blockchain, however, relates to the evolution of its virtual ledger technology and the ways…
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Blockchain Takes the Stage at the British Legal Technology Forum 2017
Originally published in the Legal Executive Institute By Joseph Raczynski LONDON — The recent British Legal Technology Forum 2017 — Europe’s largest event with more than 1,400 attendees and emceed by Richard Susskind — peered into the future of the legal industry by hosting a provocative talk on Blockchain technology. I spoke at the event on…
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Legal Technology is “Thriving”: Richard Susskind Hosts the British Legal Technology Forum 2017
Originally posted on the Legal Executive Institute By Joseph Raczynski LONDON — The British Legal Technology Forum 2017, Europe’s largest event focused on legal technology, was held recently at the exquisite Old Billingsgate along the Thames River. The event showcased 55 speakers on five stages, with more than 1,400 in attendance. Event organizers use a…
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Increasingly Cloudy — Law Firms Continue the Flight into the Storage Heavens and What the Future Holds
Originally published on the Legal Executive Institute By Joseph Raczynski With the recently released ILTA Technology Survey there is little question that Cloud adoption is drifting upward at law firms. I have also seen this trend through recent conversations with law firm CIOs and CTOs. The shift is real. ILTA’s survey qualified this change to…
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Blockchain White Paper
By Joseph Raczynski Abstract: This white paper discusses the history, inner workings and applications of blockchain, an online public ledgering system, and how it will soon significantly impact many aspects of the legal industry. The first part of this paper will show the marvels and the pitfalls of Bitcoin and its underlining blockchain technology. The second part will describe what…
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Wall Street Lawyer – Securities in the Electronic Age Wall – June 2016 ▪ Volume 20 ▪ Issue 6
By Joseph Raczynski An article of mine on blockchain published on the Wall Street Lawyer: Wall Street Lawyer
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LegalSEC: Email Security is Priority One for Law Firms
By Joseph Raczynski BALTIMORE, Md. — “Three strikes and you are out of the firm.” This is the mantra of one law firm when dealing with employees who click on spear-phishing emails, according to Mounil Patel, Strategic Technology Consultant at Mimecast, an email and cloud security firm. Patel’s comments came at the recent gathering of…
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LegalSEC: Cybersecurity, Rooted in 500 Years of History
By Joseph Raczynski Learning from colonial piracy about the war on cybersecurity “It is a small world. It’s a fragile world. No one is safe until everyone is safe.” These are the cautionary words of Rod Beckstrom of The Rod Beckstrom Group, the keynote speaker at the cybersecurity LegalSEC Summit last week in Baltimore. With…
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ILTACON – “Watson, I Need You!” Augmented Intelligence for Legal
By Joseph Raczynski If you were to imagine the researching aspect of a law firm of the future, what would that look like? Kyla Moran from the IBM Watson Group led a discussion down the path of what we could expect. In what seemed like a shock to many in the room, Moran described an…
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State of the eDiscovery Software & Service Market
By Joseph Raczynski eDiscovery has matured into a petulant toddler. At least, that is the sentiment of a panel discussing the “State of the eDiscovery Software & Service Market” at LegalTech. Since its inception in December 2006 as an amendment to the Federal Rules of Civil Procedure (FRCP), electronic discovery, has grown exponentially; however, the…