RL: 44: Ed Walters, CEO of Fastcase — Future of Law, Innovation, and Open Law

In this episode, I sat down with Ed Walters, CEO of Fastcase to chat how he came up with the idea of Fastcase, and the early days struggles. We discussed the role data can play in delivering a better experience for clients. In addition, we talked about the importance of not having “free” law but also open law and the lawsuit against Casemaker.

Discussed In The Show:

  • Why he started Fastcase
  • Overcoming setbacks and challenges in starting Fastcase
  • Competing with the industry monsters – LexisNexis and Westlaw
  • Next revolution of the legal industry – will it include lawyers?
  • Future of UPL?
  • Document automation
  • How law practice will change in the next 10 years
  • Figuring out what humans can do better than machines: people skills
  • How lawyers should price their services
  • Why law firms should embrace data
  • Importance of correctly guessing the cost of engagements
  • Making PACER more accessible and useful
  • Importance of finding value in tools, not data
  • Difference between free and open law
  • Lawsuit with Casemaker

The Anxious Lawyer book is here!!! You can pre-order now and get some goodies. For more information, go to: http://bit.ly/20U8JSW

Upcoming events:

  • April 29, 2016: Shape the Law, Unconference for women attorneys. shapethelaw.com/
  • June 1, 2016: The Anxious Lawyer book event at Fastcase. Please join my co-author, Karen Gifford and me for a book event from 11:30 AM – 1:00 PM. Register here.

Jeena is also planning a book tour. If you’d like for her to visit your city, please drop her an email: smile@theanxiouslawyer.com

Questions? Comments? Email Jeena! questions@resilientlawyer.com or leave a voicemail at (336) 543-2101. You can also connect with Jeena on Twitter: @Jeena_Cho

For more information, visit: theanxiouslawyer.com
Music Credit: freemusicarchive.org and www.bensound.com/