Re:Atrium shuts down, laying off 100
by spamcast on Tuesday March 03, 2020 @08:02PM
(#22480305)
> a better strategy would have been supplying tools and software to lawfirms,
tools and software for patent law are abundant and low value. you can't just say "tools and software for [INDUSTRY]" and assume a business model exists there. you need some insight into how firms operate.
> aggregating data and knowhow
law firms are not going to give a startup access to client data. especially in any format that could be aggregated. 0% chance. confidentiality, privilege, and patentability, are essential. it goes against our business model and professional obligations.
> and then pivoting to an “automated” law firm as a service.
the portion that could be automated is 10% of the value. experience, both with the practice area and the client's industry, are 90% of the value.
think of stackoverflow, yes an applicable code snippet exists on there, but understanding how it works, what its going to do, and the larger implications is the valuable bit. you can't automate that.
tools and software for patent law are abundant and low value. you can't just say "tools and software for [INDUSTRY]" and assume a business model exists there. you need some insight into how firms operate.
> aggregating data and knowhow
law firms are not going to give a startup access to client data. especially in any format that could be aggregated. 0% chance. confidentiality, privilege, and patentability, are essential. it goes against our business model and professional obligations.
> and then pivoting to an “automated” law firm as a service.
the portion that could be automated is 10% of the value. experience, both with the practice area and the client's industry, are 90% of the value.
think of stackoverflow, yes an applicable code snippet exists on there, but understanding how it works, what its going to do, and the larger implications is the valuable bit. you can't automate that.