US Legal Industry Innovation Update & Impact of Design Thinking

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Recently given to over 150 defense counsel in the insurance defense arena. Includes legal startup funding info - including 2014 to date. Also focus on the rise of user-centric design within the legal industry.

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JOSHUA KUBICKI

LEGAL IS BUSINESS

@jkubicki

lawyers

@jkubicki

$274bb

@jkubicki

lawyers

consultants

research

lpo

@jkubicki

lawyers

consultantsed service

lpm

research

lpo

ed software

staffing

@jkubicki

lawyers

consultantsed service

lpm

research

inhouse

lpo

grc

ed software

staffing

smb

consumer

@jkubicki

lawyers

consultantsed service

lpm

research

inhouse

lpo

grc

ed software

staffing

crm

smb

practice tech

consumer

@jkubicki

@jkubicki

$400bb

STARTUPS

@jkubicki

2011 Q2

2011 Q3

2011 Q4

2012 Q1

2012 Q2

2012 Q3

2012 Q4

2013 Q1

2013 Q2

2013 Q3

2013 Q4

0

20

40

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120

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Millions USD # of Deals

@jkubicki

2011 Q2

2011 Q3

2011 Q4

2012 Q1

2012 Q2

2012 Q3

2012 Q4

2013 Q1

2013 Q2

2013 Q3

2013 Q4

0

20

40

60

80

100

120

140

160

012345678910

Millions USD # of Deals

2012 = 66mm 2013 = 259mm*2821

@jkubicki

2014$150 – 200 million to date

2014$150 – 200 million to date

Lawyer Matching/Platforms - B2C (focused on business

clients)

@jkubicki

Lawyer Networks/Referral Networks

Legal Jobs, Resumes & Recruiting

Law Practice Management Software/Solution

Document Management

Knowledge Management

Billing - Tracking & Managing Legal Expenses/Time and Entry

Business of Law

Fee-earner & Work Product Augmentation

Staffing - Virtual (B2B)

@jkubicki

Legal Research – Prediction & Visualization

Legal Research - Docket Retrieval & Briefs

Litigation - E-Discovery Software/Solutions

Litigation - case management tools & other tools

Online Dispute Resolution

Legal Services Platform

Document Automation, Intelligence, Assembly

Public Doc Databases & Data Analysis

Subject matter solutions (Tools and services)

Intellectual Property - Tools & Analysis

Legal Information, Advice, Q & A, Forms

Practice of Law

Innovation at Law School

@jkubicki

Rise of the Legal Hack

@jkubicki

SO WHAT

@jkubicki

DeriskedUser-centric vs tech-centric

(system-centric)

Business model changes are acceptable(many corps are changing parts of theirs)

Innovation does not have to be cultural(small bets)

Anyone can design/innovate(no black turtle necks required)

@jkubicki

Value of Design

Feeling the pain

Who Are You?

Suspect opportunity

Do more & ProfitWork Less & Profit

@jkubicki

The Pain

@jkubicki

users

@jkubicki

LEGAL IS

BUSINESS@jkubicki

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