Dan Jansen- Nextlaw Ventures- Reinventing the Practice of Law through Artificial Intelligence
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 25 June 2018
⏱️ 22 minutes
🧾️ Download transcript
Summary
Just a few years ago, a large law firm by the name of Dentons realized the coming changes that an overlap between technology and law might create, and wanted to get ahead of the game. As a result, Dentons created Nextlaw Labs with the vision of reinventing the practice of law using technology. As a subsidiary of Nextlaw Labs, Nextlaw Ventures emerged, which is an early-stage, legal-focused venture fund that invests in a variety of legal tech companies.
As the CEO and Managing Director of Nextlaw Ventures, Dan Jansen discusses just a few of the 10 legal tech companies currently in their fund, including ROSS Intelligence, which is an expert legal, research-driven tool that leverages AI to answer legal questions and create legal memos. Jansen believes that this technology will have a democratizing effect on the practice of law by allowing small firms to find the answers to complex questions that, otherwise, only larger firms might have the ability to answer.
Tune in to hear the full discussion, and visit nextlawventures.com to read about all 10 companies in Nextlaw Venture's portfolio.
Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.0 | Future Technologies |
| 0:08.0 | Boys to transform our lives for better or worse are the focus of this podcast. Almost here means these |
| 0:14.8 | technologies are now here and starting to be used or just around the corner for |
| 0:19.6 | Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality, and more. |
| 0:25.0 | Hello, this is Richard Jacobs with the Future Tech Podcast. |
| 0:29.0 | My guest is Dan Janson. |
| 0:31.0 | He works with a large law firm called Denton's, not in the capacity of |
| 0:36.2 | counsel, but providing a service to them, which Dan is going to explain. |
| 0:40.1 | So Dan, how you doing? |
| 0:41.1 | Good, Richard. |
| 0:42.1 | How are you? Good, good. So yeah, if you doing? How are you? Good, good. |
| 0:43.0 | So yeah, if you would just make clear, so what is the venture that you're working on and how does it relate to |
| 0:48.9 | Denton? |
| 0:49.9 | Sure, I am the CEO and managing Director, something called Next Law of Ventures. |
| 0:55.0 | We're an early stage legal tech focused venture fund, |
| 1:00.0 | and we invest in legal tech companies. |
| 1:04.0 | Maybe by way of background, Denton's a few years back, |
| 1:07.0 | the leadership kind of saw the technology changes coming. |
| 1:11.0 | I knew that they wanted to own it and shape it, not be a victim of it. |
| 1:15.0 | So they conceived of something called Next Law Labs, |
| 1:18.0 | and I was hired to be the CEO for that. |
... |
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