Ep 190 | Jim Andrews | Precedent is Streamlining Information Exchange Between Law Firms & Insurance Carriers
The Lawyer Stories Podcast
Benjamin Gold
5.0 • 541 Ratings
🗓️ 31 July 2024
⏱️ 44 minutes
🧾️ Download transcript
Summary
The Lawyer Stories Podcast Episode 190 features Jim Andrews, President & Cofounder of Precedent, a platform streamlining information exchange and negotiation between law firms and insurance carriers, located in Santa Barbara, California. Jim shares with us about his vast insurance background and how he made his way with Grant Little to launch Precedent. We discuss how Precedent is a plaintiff's law firm connectivity into insurance carriers and how Precedent assists at all points that a plaintiff firm and insurance carriers would interact. Precedent's goal is to reduce administrative tasks, eliminate endless back and forth, and minimize stalemates. This saves insurance carriers and law firms' money while reducing errors and helps both parties work more efficiently, ensuring fair and reasonable settlement outcomes.
Transcript
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| 0:00.0 | You are listening to the Lawyer Stories podcast with host Benny Gold. |
| 0:04.0 | Lawyer Stories was founded in July 2017 on Instagram and is an expanding global network of lawyers and law students sharing their personal journeys to the noble profession of the practice of law. |
| 0:16.0 | Join us on this podcast as we dig deeper into these stories and hear from lawyers and law students from around the world in all areas of the legal profession. |
| 0:25.7 | Here at lawyer stories, we believe that every lawyer has a story. What's yours? |
| 0:42.5 | Welcome to the Lawyer Stories podcast with Benny Gold. |
| 0:49.0 | Today we welcome in Jim Andrews, president and co-founder of precedent, a platform streamlining information exchange and negotiation between law firms and insurance |
| 0:57.7 | carriers. Jim's currently in Santa Barbara, California. How are you doing, Jim? |
| 1:02.0 | I'm doing great. I'm excited to be here, Ben. Thanks so much for having me. |
| 1:06.0 | Yeah, likewise. I'm glad we got a date that work for both of us. I'm definitely waiting to hear about precedent. |
| 1:12.9 | I read up on it a little bit. Cool name, by the way. That was like one of my favorite words in law school and favorite terms. |
| 1:19.2 | And of course, it's something that we all learn about precedent. So something that's definitely easy to remember. |
| 1:25.0 | Well, we're trying to set new standards around here and so yeah |
| 1:28.4 | part of the part of the name yeah no that's awesome um so jim just uh as it is in the spirit of |
| 1:36.2 | lawyer stories uh just tell us a little bit about yourself you were the co-founder of carpe data |
| 1:41.2 | and you worked for uh one of our law students our law students favorite Lexis |
| 1:45.9 | Nexus so like tell us about those experiences a little bit absolutely so yeah pretty much right |
| 1:53.2 | out of college I worked for one of Lexis Nexus is a company that they owned called |
| 2:00.3 | insurity so it was within Lexis Nexus risk services so not a company that they owned called Insurity. |
| 2:01.1 | So it was within LexisNexis risk services. |
| 2:04.6 | So not on the legal side at all. |
| 2:07.3 | Somewhat coincidentally, I'm the youngest of three brothers. |
| 2:10.5 | My middle brother is actually a plaintiff's attorney in Seattle. |
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