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Episode 49

Will AI change Legal Work Forever?: Joe Green, Chief Innovation Officer, Gunderson Dettmer

Episode summary

Introduction: 0:00

  • Introducing Joe Green, Chief Innovation Officer at Gunderson Dettmer and Co-founder and Director of the Open Cap Table Coalition.
  • Serving as Fund Advisor to the Legal Tech Fund, Board Advisor to Vikk AI and Aumni, and more.
  • Debating whether the billable hour is a thing of the past.

Moving into a tech advisor role at Gunderson Dettmer after a career start at Simpson Thacher: 2:11

  • Exploring the legal side of personal interests through pro bono work. 
  • Getting recruited to join Gunderson Dettmer before you were aware New York has a tech scene.
  • Drawing interest from first-time entrepreneurs who recognized he had more operational experience to share.

Moving away from the standard legal path at Thomson Reuters: 5:38

  • Moving laterally into legal publishing when all of your peers are pursuing partner roles.
  • Considering a future in academia, publishing in law reviews, and applying for neuroscience phD programs.
  • Using a writing opportunity to explore where you want to take your career.

Taking on side hustles that pull you towards tech and product: 8:43

  • Working with a manager who lets you pursue business and product-related projects.
  • Stepping into board advisory roles outside of his regular work.
  • Finding creative ways of achieving your goals through the flexibility that isn’t available to practicing lawyers.

Founding the Open Cap Table Coalition: 11:59

  • Organizing a leading group of law firm reps to develop a standardized cap table for tracking corporate ownership.
  • Scaling the organization from ten to more than fifty members and being listed as a trade organization.
  • Inviting participation from engineers through open source.
  • Aligning stakeholders from competing law firms because everyone shared the pain of a core problem.

Rejoining Gunderson Dettmer and moving into the CIO role: 18:04

  • Staying connected with Gunderson peers as he wrote about industry trends at Thomson Reuters and realizing they were tackling the same challenges.
  • Finding reassurance that he would be given the leeway to truly innovate in his role.

Challenging the billable hour model: 20:56

  • Emphasizing the importance of differentiating quality and delivering services effectively.
  • Acknowledging that technology is not quite ready to offer drastic change.
  • Leaving behind painful, busy work so lawyers can focus on more compelling tasks.

Leading and launching innovative projects: 30:06

  • Adopting a philosophy about when to license software and when to build it internally.
  • Launching Chat GD, an AI product that allows his legal staff to update documents using AI.
  • Taking a swing at projects that aren’t on your roadmap.

Shifting from a legal to a technical mindset: 33:44

  • Forefronting legal process management as their primary product.
  • Possessing the experience to know what parts of the legal process are broken.
  • Spending time considering legal problems.

Discussing the influx of investment into legal tech: 37:20

  • Building legal technology during a time when VCs have turned their attention to the field.
  • Seeing every software company as a future AI company.
  • Predicting more capital and investment.

Predicting the future of legal services: 41:06

  • Looking beyond AI to consider who law firms will expand their services.
  • Reframing the expectations of what law firms are capable of.

Book Recommendations: 43:41

  • Leading Professionals: Power, Politics, and Prima Donnas by Laura Empson.
  • Priceless: The Myth of Fair Value (And How to Take Advantage of It) by William Poundstone.
  • Finding Joe’s yet-unpublished writing on the Social Science Resource Network.

What you wish you’d known as a young lawyer: 45:40

  • Considering the idea that successful people wake up in the morning happy to go to work.
  • Recognizing that people with jobs they love had no idea those roles existed when they were in school.
  • Forging a non-linear path as you search for roles that make you happy.
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Host
Tyler Finn
Head of Community & Growth, SpotDraft
Guest
Joe Green
Chief Innovation Officer, Gunderson Dettmer

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Episode 49

Will AI change Legal Work Forever?: Joe Green, Chief Innovation Officer, Gunderson Dettmer

In this episode

Host
Tyler Finn
Head of Community & Growth, SpotDraft
Guest
Joe Green
Chief Innovation Officer, Gunderson Dettmer

Summary

Introduction: 0:00

  • Introducing Joe Green, Chief Innovation Officer at Gunderson Dettmer and Co-founder and Director of the Open Cap Table Coalition.
  • Serving as Fund Advisor to the Legal Tech Fund, Board Advisor to Vikk AI and Aumni, and more.
  • Debating whether the billable hour is a thing of the past.

Moving into a tech advisor role at Gunderson Dettmer after a career start at Simpson Thacher: 2:11

  • Exploring the legal side of personal interests through pro bono work. 
  • Getting recruited to join Gunderson Dettmer before you were aware New York has a tech scene.
  • Drawing interest from first-time entrepreneurs who recognized he had more operational experience to share.

Moving away from the standard legal path at Thomson Reuters: 5:38

  • Moving laterally into legal publishing when all of your peers are pursuing partner roles.
  • Considering a future in academia, publishing in law reviews, and applying for neuroscience phD programs.
  • Using a writing opportunity to explore where you want to take your career.

Taking on side hustles that pull you towards tech and product: 8:43

  • Working with a manager who lets you pursue business and product-related projects.
  • Stepping into board advisory roles outside of his regular work.
  • Finding creative ways of achieving your goals through the flexibility that isn’t available to practicing lawyers.

Founding the Open Cap Table Coalition: 11:59

  • Organizing a leading group of law firm reps to develop a standardized cap table for tracking corporate ownership.
  • Scaling the organization from ten to more than fifty members and being listed as a trade organization.
  • Inviting participation from engineers through open source.
  • Aligning stakeholders from competing law firms because everyone shared the pain of a core problem.

Rejoining Gunderson Dettmer and moving into the CIO role: 18:04

  • Staying connected with Gunderson peers as he wrote about industry trends at Thomson Reuters and realizing they were tackling the same challenges.
  • Finding reassurance that he would be given the leeway to truly innovate in his role.

Challenging the billable hour model: 20:56

  • Emphasizing the importance of differentiating quality and delivering services effectively.
  • Acknowledging that technology is not quite ready to offer drastic change.
  • Leaving behind painful, busy work so lawyers can focus on more compelling tasks.

Leading and launching innovative projects: 30:06

  • Adopting a philosophy about when to license software and when to build it internally.
  • Launching Chat GD, an AI product that allows his legal staff to update documents using AI.
  • Taking a swing at projects that aren’t on your roadmap.

Shifting from a legal to a technical mindset: 33:44

  • Forefronting legal process management as their primary product.
  • Possessing the experience to know what parts of the legal process are broken.
  • Spending time considering legal problems.

Discussing the influx of investment into legal tech: 37:20

  • Building legal technology during a time when VCs have turned their attention to the field.
  • Seeing every software company as a future AI company.
  • Predicting more capital and investment.

Predicting the future of legal services: 41:06

  • Looking beyond AI to consider who law firms will expand their services.
  • Reframing the expectations of what law firms are capable of.

Book Recommendations: 43:41

  • Leading Professionals: Power, Politics, and Prima Donnas by Laura Empson.
  • Priceless: The Myth of Fair Value (And How to Take Advantage of It) by William Poundstone.
  • Finding Joe’s yet-unpublished writing on the Social Science Resource Network.

What you wish you’d known as a young lawyer: 45:40

  • Considering the idea that successful people wake up in the morning happy to go to work.
  • Recognizing that people with jobs they love had no idea those roles existed when they were in school.
  • Forging a non-linear path as you search for roles that make you happy.

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