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BEHIND THE VELVET ROPE

You Might Also Like: Grow Your Law Firm

BEHIND THE VELVET ROPE

David Yontef

Society & Culture, News, Tv & Film, Entertainment News

43K Ratings

🗓️ 18 May 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

Introducing The Impact of AI on the Legal Industry with Hamid Kohan from Grow Your Law Firm.

Follow the show: Grow Your Law Firm

Welcome to episode 226 of the Grow Your Law Firm podcast, hosted by Ken Hardison. In this episode, Ken sits down with Hamid Kohan, President and CEO of Legal Soft. Hamid and Ken discuss how AI and automation transform the legal industry, improving client interactions and retention. They delve into the importance of leveraging technology for client acquisition, personalized communication, and nurturing lasting relationships to boost law firm profitability and efficiency while adapting to the evolving landscape of legal practice.
Distinguished Serial Entrepreneur, Author, and Legal Tech Innovator Hamid Kohan is a dynamic force in the business world, celebrated for his exceptional ability to scale law firms of all sizes. His journey began in Silicon Valley, where he served as the Director of Business Development at Sun Microsystems, collaborating with prominent figures like Eric Schmidt (Google CEO) and Carol Bartz (Yahoo CEO). From there, he took on the role of President at Web Radio, orchestrating a remarkable ascent to a valuation of $1 billion and leading the company to a successful IPO on the New York Stock Exchange.

Currently, Hamid stands as the President and CEO of Legal Soft, spearheading the revolution of the legal industry and virtual legal staffing. His visionary leadership has propelled Legal Soft to the forefront of legal tech innovation, optimizing law firm operations and driving efficiency.
Moreover, Hamid is the esteemed founder of Magic Law Group, a prestigious national law firm specializing in personal injury, lemon law, employment law, and workers' compensation. His entrepreneurial prowess has established Magic Law Group as a leading force in the legal landscape.

Notably, Hamid is an award-winning author, with influential books like "How to Scale Your Stupid Law Firm," "How to Scale Your Stupid AI Law Firm," and the upcoming "How to Tune-Up Your Practice." These acclaimed works equip legal professionals with invaluable strategies, enabling them to achieve growth and success.

With an unwavering commitment to legal tech innovation, Hamid Kohan is at the forefront of AI initiatives in the industry, further solidifying his position as a thought leader and trailblazer.
What you’ll learn about in this episode:
1. How to leverage technology for client retention:
- Establishing formal programs for client retention
- Nurturing existing clients for referrals and repeat business
2. The AI Impact in Law Firms:
- Utilizing AI for client acquisition
- Enhancing marketing strategies with AI insights
3. Importance of Regulations in AI Implementation:
- Ensuring transparency and compliance with regulations
- Disclosing the use of AI tools to clients and audiences
4. Using AI in Case Management:
- Streamlining case management processes with AI
- Automating document collection and medical record summaries
5. Simplifying AI Adoption in Law Firms:
- Providing all-in-one AI solutions tailored to specific practice areas
- Making AI tools user-friendly and easy to navigate
Resources:
Additional Resources:

DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to [email protected].

Transcript

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0:00.0

Welcome to the Grow Your Law Firm Podcast, brought to you by Pilma. This

0:08.3

podcast helps lead lawyers to more growth, profit, and freedom.

0:13.0

Here is your legal marketing expert and host Ken Hardison.

0:17.0

Well, hello everyone and welcome to Grow Your Law Firm Podcast here with Ken Hardison, and today we have the honor of having

0:28.6

Ahmed Cohen with LegalSaw. Hello, my friend, how you doing?

0:32.6

Good, how you doing, Kim?

0:34.6

Doing great.

0:35.6

So we talked about, he's been on our show before, and he's always got a lot to add and

0:40.1

appreciate that, I mean, so today we want to talk about AI like everybody's

0:45.2

talking about it. I guess just in general let's just talk about your take on

0:50.6

what's happening the last 10, 12 months since all this stuff started? I guess it's what started

0:57.2

November, so about 15 months ago, 16 months ago?

1:00.8

Yeah, yeah, it's pretty much just I I've been in AI probably for more than 10 years but I never thought it was pop up this fast this way the way, it just sort of popped, just like the, I remember the dot com

1:16.2

error when the dot com just popped up and everybody got cut by a surprise about what the

1:21.2

heck is this dot com thing. do you mean I have to buy stuff

1:24.4

online and do I do you mean I have to sell stuff online how does that's even possible or

1:29.6

works or whatever but we see where we are now with all of that and nobody even thinks about it. It's like not going to the store and buying something. It's kind of seems weird.

1:40.0

Why didn't you do use online for everything? Why are you going to the store for?

1:44.0

I think AI is a perfect example of one of those things. It's been in the works for a long time,

1:51.0

anything from military to big corps finance I'll been using it in the background

1:57.8

not naming it AI the naming a decision support data mining data, data warehousing, data analytics, you know, all of that stuff.

2:06.0

But now somebody came up and just says, well, is the AI now?

...

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