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While I don't disagree with much of what you said, I think it misses the point of the article, which is that the legal industry has a hard time using new tech,
by dsnuh 8y ago
While I don't disagree with much of what you said, I think it misses the point of the article, which is that the legal industry has a hard time using new tech, because they don't trust anything not created in-house. Breaking into the market is difficult, even if the gains the tech would bring are enormous.
I've seen this first hand, as I had a brutal two year long divorce case, and in spending time with my attorney, got to see many opportunities for technology to improve their jobs. I actually wrote some Python to calculate something called the Hug/Nelson formula to figure out community property interest in options/RSUs. I was really surprised that nothing existed to do this for me, and even played with the idea of making an app to sell to lawyers, because they are seeing more and more divorce cases with these types of assets being split. But where to start? How do you "certify" something to the degree that a lawyer will trust it? It's a huge market potential I think, but the status quo seems pretty entrenched.