{"id":68417,"date":"2019-10-07T14:36:10","date_gmt":"2019-10-07T18:36:10","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=68417"},"modified":"2019-10-07T14:48:33","modified_gmt":"2019-10-07T18:48:33","slug":"big-money-is-betting-on-legal-industry-transformation-cohen","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2019\/10\/07\/big-money-is-betting-on-legal-industry-transformation-cohen\/","title":{"rendered":"Big money is betting on legal industry transformation [Cohen]"},"content":{"rendered":"<p><a href=\"https:\/\/www.forbes.com\/sites\/markcohen1\/2019\/10\/07\/big-money-is-betting-on-legal-industry-transformation\/#410a545a5ce2\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Big money is betting on legal industry transformation<\/strong><\/a> &#8212; from forbes.com by Mark Cohen<\/p>\n<p><em>Excerpts:<\/em><\/p>\n<p style=\"padding-left: 40px;\">Law has been big business for decades, but only recently has significant venture capital, private equity, and entrepreneur money been pumped into the legal sector. Last year saw an eye-popping\u00a0<a href=\"https:\/\/www.forbes.com\/sites\/valentinpivovarov\/2019\/01\/15\/legaltechinvestment2018\/#384d112d7c2b\" target=\"_blank\" rel=\"noopener noreferrer\" data-ga-track=\"InternalLink:https:\/\/www.forbes.com\/sites\/valentinpivovarov\/2019\/01\/15\/legaltechinvestment2018\/#384d112d7c2b\">718% increase<\/a>\u00a0in legal industry investment, and\u00a0<a href=\"https:\/\/www.lawsitesblog.com\/2019\/09\/at-1-1-billion-2019-is-a-record-year-for-legal-tech-investments-and-its-only-september.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.lawsitesblog.com\/2019\/09\/at-1-1-billion-2019-is-a-record-year-for-legal-tech-investments-and-its-only-september.html\">this year\u2019s capital infusion<\/a>\u00a0through the third-quarter has already surpassed last year\u2019s $1 billion total and could well double it. Capital is turbocharging customer-centric providers that are leveraging technology, process, new skillsets, and data to transform the legal function and the delivery of legal services.<\/p>\n<p style=\"padding-left: 40px;\">&#8230;<br \/>\nTeaser alert: what\u2019s to prevent Amazon, Google, or some other tech giant from entering the legal space, creating a global platform, injecting billions into infrastructure and talent, creating a global legal services hub that connects consumers with global legal delivery sources as never before imagined? Short answer: the inclination to do so.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p><span style=\"color: #ff6600;\"><strong>Legal delivery has morphed into a three-legged stool supported by legal, technological, and business expertise.\u00a0<\/strong><\/span><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Big money is betting on legal industry transformation &#8212; from forbes.com by Mark Cohen Excerpts: Law has been big business for decades, but only recently has significant venture capital, private equity, and entrepreneur money been pumped into the legal sector. Last year saw an eye-popping\u00a0718% increase\u00a0in legal industry investment, and\u00a0this year\u2019s capital infusion\u00a0through the third-quarter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[556,387,174,86,209,112,829,210,237,63,825,830,285,239,309,460,195,299],"tags":[],"class_list":["post-68417","post","type-post","status-publish","format-standard","hentry","category-amazon","category-business","category-career-development","category-change","category-changing-business-models","category-corporate-business-world","category-cost-of-legal-services-including-access","category-emerging-technologies","category-entrepreneurship","category-google","category-law-schools","category-legal-technologies","category-legislation-legislatures","category-new-business-models","category-platforms","category-technology-general","category-tools","category-workplace"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/68417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=68417"}],"version-history":[{"count":5,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/68417\/revisions"}],"predecessor-version":[{"id":68422,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/68417\/revisions\/68422"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=68417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=68417"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=68417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}