Featured in our LegalTech Soapbox Series this month is Filevine. As a former litigator, Ryan Anderson, CEO & Co-Founder designed Filevine with the end user in mind, focusing on unlocking customer and user efficiency by optimising automation of technology. Today, rated as one of the top automation tools for legal work for a diverse range of organisations by size and function, Filevine is on a continual path of growth. Ryan led Filevine’s acquisition of both Lead Docket, the top lead intake management solution for law firms and Outlaw, the most innovative contract and document platform on the market. In 2020, Ryan was named a CEO of the Year by Utah Business. Ryan is a proud husband and father of 6 children and resides in Salt Lake City, Utah. Ryan earned his law degree from Brigham Young University in Provo, Utah. His goal is to provide a comprehensive solution to business leaders in search of a workflow transformation solution.
1. Hi Ryan, tell us the story behind Filevine.
Filevine was born from the frustrations of two high-achieving lawyers, Ryan Anderson and Nate Morris. Unable to find software that kept pace with their growing firm, they joined forces with the brilliant software engineer Jim Blake. Together they created Filevine, a comprehensive suite of LegalTech solutions. Now taking the lead in building AI tools for the legal industry, Filevine continues to transform the landscape for the next generation of legal practitioners.
2. What are the services or products that Filevine provides?
As the leading legal operating system, Filevine is dedicated to empowering organisations with tools to simplify high-stakes legal work. That is why Filevine now offers a full suite of AI-powered solutions built with the legal user in mind. Powering everything from legal lead intake and e-signatures, to document assembly and case management, to timekeeping, billing, payments and business analytics, Filevine is changing the way legal work gets done for law practitioners and their clients.
3. How does the above optimise the daily operations of an in-house legal team/ law firm?
Filevine’s case management software enables in-house counsel to centralise and organise all their legal matters, contracts, and client information in one secure platform. This streamlines your workflow by eliminating the need to juggle multiple systems or manually track important deadlines and tasks.
Our Corporate Legal Software streamlines the management of corporate matters, allowing in-house legal teams to easily access all case-related documents, communicate with internal and external stakeholders, and receive real-time updates on case progress through Filevine’s intuitive interface. It helps ensure nothing falls through the cracks and keeps you organised and in control.
Filevine’s Contract Management feature empowers in-house counsel to proactively address fiscal, compliance, and ethical challenges by getting contracts right the first time. Gain full visibility into the status of your active contracts at every stage of the contract lifecycle, from creation and negotiation to approval, tracking milestones, and renewals.
4. What do you believe will be the most significant change in how in-house legal teams use technology in the next 10 years?
Filevine Legal Futurist, John Rizner, believes the most significant change in how legal teams use technology in the next decade will be the augmentation by AI of routine tasks traditionally handled by junior attorneys–this will cause law firms to change how they use both technology and their junior attorneys.
Tasks like reviewing records and documents, drafting initial versions of documents or sections of documents (often from templates), and conducting preliminary legal research will increasingly be performed by AI systems. This shift will in turn require a shift in how law firms (1) train and develop junior attorneys and (2) where a firm is a billable hour firm, structure their billing and leverage models. Instead of learning the practice of law by doing the basics of practice (like typing up the first draft of an assignment agreement from the law firm’s template library), junior attorneys may find their roles evolving to oversee and monitor AI inputs and outputs. Law firms will need to develop new ways of developing their junior attorneys (like learning legal drafting by observing how an AI model drafts a document), since having junior attorneys train in the role of a traditional working apprentice may no longer be viable in an increasingly automated legal practice.
KorumLegal is a boutique legal consultancy committed to providing value innovation in legal service delivery. The legal services industry is continuing to change with ‘NewLaw’ – and clients are seeking more innovative and cost-effective solutions without compromise on experience and quality
