In this Future Law Bootcamp episode, Joe Borstein, Baretz+Brunelle partner and LexFusion co-founder, hosts John Scradato, a legal technologist with a unique background in engineering, law, and business. The discussion centers on the transformative impact of technology, globalization, regulation, and investment on the $800 billion legal industry. They explore how legal tech innovations are disrupting traditional law practice, driving down costs, and enabling new business models.
The conversation highlights the growing collaboration between legal professionals worldwide, the rise of AI-powered tools, and the increasing influx of venture capital into legal technology startups, some of which have recently reached unicorn status. John explains key AI concepts—expert systems, machine learning, and natural language processing—and emphasizes the importance of interoperability and open APIs in legal tech solutions.
The overall tone is optimistic about the future, underscoring that while disruption is inevitable, the legal industry’s “pie” is growing, offering ample opportunities for lawyers, technologists, and investors alike.
Conversation insights include:
Scrudato concludes with a core message: Those who embrace technology now will be better positioned to deliver legal services at scale and shape the next era of the profession.
Tune in to their conversation on YouTube.