The legal industry is one of the last major frontiers in the world economy still in its technological infancy. The challenge of effectively creating and adopting technology in the legal space has translated into stubborn budget growth, unhappy service consumers, and a lot of pain and suffering for the lawyers themselves. Axiom co-founders Mark Harris and Alec Guettel, saw an opportunity to modernize the law and started by creating two new categories that have permanently changed the legal landscape.
In 2000, they attacked the human talent side of legal, essentially creating the ALSP category with Axiom Law, now a multi-hundred-million-dollar enterprise serving over half the Fortune 100. Today, they’re running a similar play on the tech and data side with their contract data management and analytics platform, Knowable – which is already changing the way enterprises manage executed agreements and leverage the priceless data buried in dense legal language, enabling legal ops teams to leverage insights that drive profitability and risk management in ways never before possible.
Moderated by the Head of Legal Operations at Facebook Akshay Verma and Legal Operators Founder Colin McCarthy, find out what Mark and Alec saw in the market 20 years ago, how they see the landscape today, and what they anticipate coming down the pike in the decade ahead.