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Innovation comes in many areas and compliance professionals need to not only be ready for it but embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. This month's sponsor of Innovation in Compliance is Athennian. In this episode, Tom welcomes Monica Goyal, the Vice President for Legal Innovation and Lawyer at Caravel LLC and Briefly LLC, to explore the transformative potential of technology in the legal industry. Monica has a non-traditional journey to the legal profession, beginning with her educational in electrical engineering and firsthand experience in Silicon Valley. From this perspective and after law school and work in the legal field, she observed multiple process inefficiencies. She discusses how advanced technologies like generative AI and data analytics can address these inefficiencies, improving corporate governance, contract management, and the overall delivery of legal services. Monica highlights the importance of legal innovation officers in law firms and the role of Caravel Law's unique model in providing backend support to legal professionals, allowing them to escape administrative tasks and focus on core legal work. She also touches on the innovative concept of fractional in-house counsel, which serves businesses needing more support than external counsel without the full expense of a general counsel. Listeners will gain insights into the growing necessity for legal tech skills and the benefits of tools such as Athenian for document automation. Monica underscores the value of emerging technologies and encourages further exploration of resources like Caravel and Briefly for legal professionals. Key Highlights: · Monica Goyal's Unique Journey into Law · Innovations in Corporate Legal Departments · Communicating Tech Solutions to Legal Professionals · Caravel's Unique Business Model · Management with Athenian Future of Legal Tech and Data Analytics Resources: Monica Goyal on LinkedIn Caravel LLC Athennian Tom Fox Instagram Facebook YouTube Twitter LinkedIn
Join us for this episode of the Business Decisions Podcast as we dive into the world of legal innovation with Monica Goyal, Director of Legal Innovation at Caravel Law. Discover how advancements in AI and technology are reshaping the legal landscape with generative AI tools like ChatGPT leading to game-changing platforms like Harvey and Spellbook. Explore the intersection of law and technology, understand the evolving roles of private practice lawyers and in-house counsel, and gain insights into the potential and challenges of AI in the legal field. Don't miss this engaging discussion about the future of law practice and how AI is revolutionizing legal innovation. Links: Caravel Law - https://caravellaw.com/ Monica Goyal - https://caravellaw.com/lawyers/monica-goyal/ Harvey - https://www.harvey.ai/ Spellbook - https://www.spellbook.legal/ Host - Stuart Wood, Caravel Law Theme Music - The Box Jellys
Conversations with the President: The state of the profession, Ep 7:Vivene talks with Jamie Benizri and Monica Goyal about entrepreneurship and how the business of law will be different after COVID.How to become a legal influenceur? How to protect our brand? What technology is going to be most important as we move into post-pandemic recovery? And more!Jamie Benizri describes himself as a lawyer by trade and entrepreneur at heart. In 2011 he launched Legal Logik with the goal of making legal services more convenient, accessible and affordable.Monica Goyal is an entrepreneur, lawyer and innovator, the founder of My Legal Briefcase, and Aluvion. She has been part of the CBA Legal Futures Initiative.Visit www.cba.org/dispatches to learn more about CBA President and her goals.To find a Canadian lawyer, use the CBA Find-A-Lawyer tool.To contact us (please include in the subject line ''Podcast''): podcasts@cba.orgPlease subscribe, rate and review our podcast if you are enjoying it on Apple Podcast.
Technology is changing countless industries, shifting paradigms, and restructuring the way organizations operate. In legal, technology has ushered in a new era of innovation, giving lawyers and law firms new ways to deliver services to clients. Now and in the years to come, legal professionals and practices that adopt these new innovations will be the ones that succeed in the long run. In Episode 10 of the Matters podcast by Clio, we explore the concept of tech competence—a.k.a. tech savviness—to illustrate why legal professionals need technological skills, what’s at stake for firms that don’t embrace new tools, how lawyers can improve their familiarity and proficiency with legal software, and more. Joining us are two experts—Bob Ambrogi and Monica Goyal—who bring in-depth legal and technological perspectives to the discussion.
Technology is changing countless industries, shifting paradigms, and restructuring the way organizations operate. In legal, technology has ushered in a new era of innovation, giving lawyers and law firms new ways to deliver services to clients. Now and in the years to come, legal professionals and practices that adopt these new innovations will be the ones that succeed in the long run. In Episode 10 of the Matters podcast by Clio, we explore the concept of tech competence—a.k.a. tech savviness—to illustrate why legal professionals need technological skills, what's at stake for firms that don't embrace new tools, how lawyers can improve their familiarity and proficiency with legal software, and more. Joining us are two experts—Bob Ambrogi and Monica Goyal—who bring in-depth legal and technological perspectives to the discussion.
Many lawyers are reluctant to new adopt legal technology, says Monica Goyal, who developed platforms including My Legal Briefcase, which helps parties in the Canadian small claims courts, and Aluvion Law, which uses automation to cut legal services costs for small businesses. "We think young lawyers are on Facebook, Twitter, they're using computers, and that somehow they will be more willing to try and experiment with new technology. I've found that's not the case," Goyal tells the ABA Journal's Stephanie Francis Ward in this episode of the Legal Rebels Podcast. Special thanks to our sponsor, Answer1 and Thomson Reuters Westlaw Edge.
Many lawyers are reluctant to new adopt legal technology, says Monica Goyal, who developed platforms including My Legal Briefcase, which helps parties in the Canadian small claims courts, and Aluvion Law, which uses automation to cut legal services costs for small businesses. "We think young lawyers are on Facebook, Twitter, they're using computers, and that somehow they will be more willing to try and experiment with new technology. I've found that's not the case," Goyal tells the ABA Journal's Stephanie Francis Ward in this episode of the Legal Rebels Podcast. Special thanks to our sponsor, Answer1 and Thomson Reuters Westlaw Edge.
A kitchen conversation with Monica Goyal engineer, lawyer, professor and entrepreneur. We discuss how she wanted to be an actress and got nudged towards engineering as she was strong in math and science. We chat about starting businesses and continuing her education into law while still pursuing her passion for start-ups....