Aug 23, 2018
Dr. Richard Granat is a legal rebel, virtual lawyer, teacher and
now incubator to legal tech companies through Law Media Labs.
He shares his entrepreneurial journey and advice for legal tech
startups in this ETL Podcast with Co-Host Dan Lear.
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Links and Resources from this Episode
- The start of Richard's entrepreneurial legal journey.
Founding the first access to justice program of it's kind assigning
law students to civil rights cases.
- The importance of "self-awareness" for legal entrepreneurs.
How potential B2C demand is limited by regulation - the issue (and
opportunity) of legal services today only serving the top 20% of
- Investing in the first paralegal school in the US, and the
first litigation support software approved by the ABA.
- The impact of the microcomputer - raising money in the early
1990s to develop early legal automation software.
- The difference between the VC process in the 1990s and today -
a relationship process vs. a systematic process.
- How VCs today have funding down to a science and look for
- Using Myers Briggs to determine lawyer personality types - why
some solo practitioners should not become legal entrepreneurs.
- Founding the first state law form library during the Internet
- Why the B2C space demands more capital to build strong
- Richard's decision not to take outside money to retain
flexibility. On being happy to run smaller enterprises vs.
dealing with managing businesses at scale.
- Law Media Labs - Richard's latest venturing helping to
incubate, advise and mentor the next generation of legal tech
- The inevitable future of automated legal advice, predicative
systems, AI and Deep Learning. Software eats everything - and
the shrinking of the profession.
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