From Lawyer To Legal Start-Up CEO: Live Conversation With Doxly CEO Haley Altman
If something about the way you’re practicing law feels archaic and outdated, do something about it.
Lawyers frequently ask me how they can get involved in legal technology and innovation. One option is what I call the “when you see something, say something” approach. If something about the way you’re practicing law feels archaic and outdated, then do something about it.
This has turned out very nicely for lawyers like Haley Altman, founder of Doxly. Altman recognized what many deal lawyers know intuitively: the way lawyers manage and babysit corporate deals with ad hoc checklists built in Microsoft Word that constantly need to be updated was not up to date, to say the least.
Altman didn’t just see something, she did something. Doxly allows lawyers to manage their deals “smart,” and the software turns the disorganized labor into a streamlined process that tracks all the documents required to complete a transaction. Last year, Doxly raised a cool $2 million from Nextlaw Labs, the investing arm of Dentons, and is already piloting the software with paying customers including law firms, both big and small, as well as corporate legal departments.