Innovation Despite Regulation

Post on 20-Jan-2017

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Transcript of Innovation Despite Regulation

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Innovation ________ regulation anddespitethroughfrom

November 2, 2016

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How does regulation impact innovation?

3From Berwin Leighton Paisner 'The Speed of Business‘ Report

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but…

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What about legal?

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1. UPL2. Rule 5.4 3. Rule 7.2

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But…

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The Rise of “Legal” Startups

Number of companies on Angel List identified as “Legal”:• 2009: 15• 2013: 305• 2016: >1500 (Legal + Legal Tech)

Funding: • 250 identified as “Legal Tech” investors• Over 300 companies listed as having received funding• Over 150 companies currently hiring

Funding examples (some recent rounds): • AirHelp: $12,000,000• Logikcull $10,000,000• Notarize: $8,500,000• ComplyAdvantage $8,200,000• Casetext $7,000,000• AirHelp $4,700,000• CloudLex: $3,700,000• LegalSifter: $2,750,000• Doctrine.fr: €2,000,000• LawAdvsor: $100,000• YourFolio: $500,000• More?

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Legal in Austin

Austin Legal Hackers

Lawyer Forward

Others?

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Want to connect?• jpeters@legalzoom.com• Twiter: @legaljeeves