POPULARITY
Today's guest is Mary Juetten, founder and CEO of Traklight, a company that provides businesses, entrepreneurs, and inventors with automation software tools and resources to help them identify business risks and legal needs. Mary's professional journey began in finance, where she learned the basics of examining systems and processes. While working as a CFO, she oversaw her company's merger and learned more about contracts, inspiring her to pursue law. During law school, she came up with the idea for Traklight and decided to return to the business world after earning her JD. Additionally, Mary is an advisory board member at Integra Ledger, a digital trust technology infrastructure based on enterprise blockchain technology. She is also an advisory board member of RightsLedger, a universal ledger focused on digital ownership management tracking, rights management, and global monetization using blockchain. In our conversation, Mary discusses attending law school with a business background, making the leap to entrepreneurship, and the usefulness of blockchain.
For today's episode, Jared welcomes legal consulting expert Mary Juetten, CEO and Founder of Traklight, to talk about utilizing KPIs in a law firm. According to Mary, it's recommended to have only a few primary KPIs, as too many can make it difficult to track performance accurately. She discusses the importance of reporting, both for looking back to analyze past performance and for looking ahead to inform future behavior. Mary also emphasizes the importance of using technology to generate KPIs and reports but notes that legal-specific technology is not always necessary. Episode Highlights 01:58 What Valentine's Day means for Mary 03:22 What is KPI or the Key Performance Indicators? 05:02 Reporting in conjunction with KPIs 07:12 The interaction between different processes and KPIs 10:42 Building processes and generating KPIs for law firms 13:14 How often should you measure KPIs? 19:48 Financial and quantitative components of KPIs for law firms 21:41 Soliciting client feedback 22:48 How Mary gets attorneys to buy into their projects Episode Resources Connect with Jared Correia jared@redcavelegal.com https://redcavelegal.com/ https://www.linkedin.com/in/jaredcorreia https://twitter.com/RedCaveLegal Connect with Mary Juetten https://traklight.com/ https://www.linkedin.com/in/maryjuetten
In this episode of LegalTechLIVE, we talk with Mary Juetten, Esq., founder of Traklight. Traklight helps businesses manage and protect their intellectual property. Episode co-hosted by Ivan Raiklin, Esq. and Nick Rishwain, JD.
In this episode, I get to chat with Mary Juetten about her origin story, Evolve Law, legaltech, Traklight, becoming a lawyer and making business happen.
Mary Juetten has been the host of the Evolve Law podcast along with running Traklight and other projects. Together Mary and Ian talk about what she misses most from being the host of the show and where she is currently putting her time and energy. For the latest topics, trends and tech in the legal industry, subscribe to the Evolve Law Podcast: A Catalyst for Legal Innovation. Listen as legal experts and leaders share insights about the legal industry. For more information, questions, or suggestions about our podcast feel free to email us at info@evolvelawnow.com Links and Resources from this Episode For additional information of this episode go to evolvelawnow.com/show Connect with Mary Juetten https://www.traklight.com http://nimbuslegal.co https://www.frameworklegal.com Evolve your legal practice with technology Access the Legal Tech Toolkit Show Notes Traklights potential customers and how they determined that core group. How they have evolved with their product offering. Who they are working with as strategic partners. Understanding evergreen subscription plans. Advice for exploring other career and tech paths. What Mary misses most about running Evolve Law. Review and Subscribe If you like what you hear please leave a review by clicking here Subscribe to the podcast on your favorite player to get the latest episodes. Click here to subscribe with iTunes Click here to subscribe with Stitcher Click here to subscribe with RSS
There are a lot of opinions about access to justice and Twitter happens to be the perfect place for these opinions to come to light. Recently, a discussion about access to justice solutions cropped up among lawyers on the platform and our executive producer, Laurence Colletti, decided it was worth recreating the conversation in podcast form. In this special edition report from On The Road, host Laurence Colletti gathers together some of the most vocal #A2J ranters on Twitter so they can share their ideas in real life. The ranters include Billie Tarascio, Catherine Sanders Reach, Dan Lear, Chad Burton, Chas Rampenthal, Mary Juetten, Joshua Lenon, Patrick Palace, and Janet Welch, who talk about regulation, data, LLLTs, and the other aspects that make up the complex problem of access to justice. Billie Tarascio is the founder of Access Legal and owner of the Modern Law. Catherine Sanders Reach is the director of law practice management technology for the Chicago Bar Association. Dan Lear is currently the director of industry relations for Avvo. He is a technology lawyer, facilitator, and blogger. Chad Burton is the CEO of Curolegal and is a former litigator who developed one of the nation’s first “new model” law firms. Chas Rampenthal has served as general counsel for LegalZoom since 2003 and as corporate secretary since 2007. Mary Juetten is the founder and CEO of Traklight and the co-conspirator behind Evolve Law. Joshua Lenon is an attorney who serves as lawyer-in-residence for Clio. Patrick Palace is a plaintiff’s trial lawyer with an emphasis on workers’ compensation, personal injury, civil rights, and social security matters. Janet Welch is the executive director of the State Bar of Michigan.
On this episode of LegalMeets we meet Mary Juetten, founder and CEO of Traklight, a risk management software platform for intellectual property, and one half...
On this episode of LegalMeets we meet Mary Juetten, founder and CEO of Traklight, a risk management software platform for intellectual property, and one half...
Making sure your law firm experiences stable financial growth sounds like a good idea, but how do lawyers put this into practice? In this episode of The Legal Toolkit, host Jared Correia talks to Mary Juetten about what key performance indicators (KPIs) are and why lawyers should use them for business management. For those convinced to try KPIs, they also discuss how to get started and potential technology solutions that can supplement the use of KPIs. Mary Juetten is the founder and CEO of Traklight and the co-conspirator behind Evolve Law. She specializes in helping companies in transition or startup to create sustainable, operational, and financial growth. Special thanks to our sponsors Amicus Attorney, Scorpion, and Answer1.
Do you run a startup company or know someone who does? Are you a fan of Shark Tank or wonder what venture capitalists look for? Well, we’ve got a treat for you. In this report from On The Road, host Laurence Colletti sits down with Edward Wilson, David Rose, Mike Suchsland, Lorine Pendleton, and Jeroen Plink from the Venture Capital and Angel Investment panel at Evolve Law’s Summit in New York City. Together they discuss what’s attractive for investors, common pitfalls for startup companies, and the value of being likeable. In addition they talk about investor exit strategy and why that’s a must-know for capital-seeking entrepreneurs as well as predictions for future legal tech innovations. Will it be dominated by artificial intelligence or virtual reality? Tune in to find out. Edward Wilson is an investor with Anthos Capital, a $300mm fund based out of Santa Monica. He is focused on finding those companies that have the potential to become leaders in their space and are looking for a capital partner to help support them in this journey. David S. Rose is founder and CEO of Gust, a global financial technology platform connecting over 500,000 entrepreneurs with investors in over 190 countries. He is also an Inc. 500 CEO, serial entrepreneur, and angel investor responsible for founding or funding over 100 companies. David is a New York Times best-selling author of both “The Startup Checklist: 25 Steps to a Scalable, High-Growth Business” and “Angel Investing: The Gust Guide to Making Money & Having Fun Investing in Startups”. Mike Suchsland is a seasoned general manager, board member, advisor, mentor, and investor in the legal software and services space. Formerly the president of Thomson Reuters legal business and a board member with Epiq Systems, Mike has 6 companies in his venture portfolio and has advised on over a dozen transactions in the legal arena. Lorine Pendleton is the US director of business development at Dentons and an investment partner in Portfolia Funds. She is an active angel investor who invests and advises women and diverse-led companies which include include Cisse Trading, Traklight, Hire an Esquire, and Tastemakers Africa. Lorine is a former practicing attorney at Londell McMillan PC, a leading entertainment boutique law firm, where she structured and negotiated multifaceted entertainment and media deals on behalf of her clients such as Prince, Spike Lee, Ruff Ryders Records, Faith Evans, Stevie Wonder, Chaka Khan, and the estate of the Notorious BIG. Jeroen Plink is a former attorney turned entrepreneur. Jeroen was the CEO of Practical Law US until its acquisition by Thomson Reuters. He currently is an advisor to, investor in, and/or board member of a large number of companies, including Kira, Casetext, MeWe, Jurispect, HotShot, Leopard Solutions, Shift Central, Clio, Allegory, and others.
What is the Evolve Law Summit and why is it important? In this report from On The Road, host Laurence Colletti talks to Jules Miller and Mary Juetten, co-founders of Evolve Law, about the Evolve Law Summit, which aims to pair legal innovators with strategic partners and investors. A common problem in legal technology is getting funding and building on strategic partnerships in order to get more sales. The Summit used technology to match innovators with investors and the panels covered what investors are looking for in a partnership or investment. Jules Miller is the co-founder and managing director of Evolve Law, a community of entrepreneurs dedicated to accelerating the adoption of technology and innovation in the legal industry. Mary Juetten is the current founder of Traklight.com and the co-founder of Evolve Law.
In this episode, Mary Juetten explains how to use key performance indicators (KPIs) to "start with the end in mind"—to set goals for your law firm and measure your progress (or lack of progress) towards those goals. Make goal-setting and KPIs a part of your planning for 2017 (and keep an eye on the front page for more tools from Mary to help you implement them). Just a heads up: the recording did get a bit choppy. We cleaned it up as best we could, but there are a couple of places where we just had to leave it. Mary Juetten co-founded the Evolve Law community of early legal tech adopters, and wrote Small Law Firm KPIs: How to Measure Your Way to Greater Profits. She also created Traklight business risk management software.
I spoke with Mary Juetten, the founder and CEO of Traklight, a software platform to identify, manage, and protect intellectual property assets, acknowledge business risks, and provide a roadmap for small and medium-sized business operations. She is also the co-founder of Evolve Law, a community to advance the adoption of technology in the legal field. We discussed the genesis of Traklight, its free business risk assessment, and how the company's technology supports legal professionals. We also spoke about Evolve Law, its membership, and how the community is growing, among other topics.
I spoke with Mary Juetten, the founder and CEO of Traklight, a software platform to identify, manage, and protect intellectual property assets, acknowledge business risks, and provide a roadmap for small and medium-sized business operations. She is also the co-founder of Evolve Law, a community to advance the adoption of technology in the legal field. We discussed the genesis of Traklight, its free business risk assessment, and how the company’s technology supports legal professionals. We also spoke about Evolve Law, its membership, and how the community is growing, among other topics.
I spoke with Mary Juetten, the founder and CEO of Traklight, a software platform to identify, manage, and protect intellectual property assets, acknowledge business risks, and provide a roadmap for small and medium-sized business operations. She is also the co-founder of Evolve Law, a community to advance the adoption of technology in the legal field. We discussed the genesis of Traklight, its free business risk assessment, and how the company’s technology supports legal professionals. We also spoke about Evolve Law, its membership, and how the community is growing, among other topics.
I spoke with Mary Juetten, the founder and CEO of Traklight, a software platform to identify, manage, and protect intellectual property assets, acknowledge business risks, and provide a roadmap for small and medium-sized business operations. She is also the co-founder of Evolve Law, a community to advance the adoption of technology in the legal field. We discussed the genesis of Traklight, its free business risk assessment, and how the company’s technology supports legal professionals. We also spoke about Evolve Law, its membership, and how the community is growing, among other topics.
Lorine Pendleton is a seasoned business development executive with extensive experience in the legal, internet/new media and entertainment industries. She is the US Director of Business Development for the largest global law firm in the world. She is also an active angel investor who invests and advises women and minority-led companies. Listen on iTunes, Stitcher Radio or TuneIn In this episode, I asked Lorine these questions: What was your dream as a child? Did you always have dreams of being a lawyer? What are the biggest things you learned about yourself in your time at Londell McMillan PC? Why transition from being a practicing attorney to your present role with Dentons? Do you have mentors today? When did you begin learning about the process of being an investor? Explain what an angel investor is and does? What are the most important metrics that you're looking for as an angel and that help you decide whether you're going to take action and invest with a founder? How do you keep from falling into and getting stuck in comfort zones with work? What do you do to push yourself to new and higher heights? Share a couple fundamental lessons that black women and minority founders need to know, to grow their business and raise funds. 00:00 - What can we look forward to with you? Are there any big dreams and goals on your vision board for the next 10 years and beyond that you'd care to share with us? Lorine shares 8 alternate sources to seek funding beyond traditional angel / venture capital (V.C.) funding: Government Grants Small Business Research Innovation Program Business Technology Transfer Program Economic Development Agencies Startup Competitions Verizon Powerful Answers Competition Startup Accelerator Programs Crowd Funding Websites Links and resources mentioned: Lorine Pendleton on Twitter Lorine Pendleton on LinkedIn Lorine's article on Black Enterprise Lorine - AngelList Lorine's Fav Resources: Evernote Lorine's Fav Book: The Startup Checklist: 25 Steps to a Scalable, High-Growth Business; Why Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business Empire Lorine Pendleton's Bio Lorine Pendlenton is a seasoned business development executive with extensive experience in the legal, internet/new media and entertainment industries. She is the US Director of Business Development for the largest global law firm in the world. She previously worked at Simpson Thacher, one of the oldest and most prestigious law firms in the US. Previous stints include working at a number of startups such as SelectMinds, developer of web-based social network programs for corporations acquired by Oracle and Community Connect, the publisher of the leading ethnic social networking websites BlackPlanet, AsianAvenue, and MiGente, acquired by Interactive One. She is a former practicing attorney at Londell McMillan PC, a leading entertainment boutique law firm, where she structured and negotiated multifaceted entertainment and media deals on behalf of her clients such as Prince, Spike Lee, Ruff Ryders Records, Faith Evans, Stevie Wonder and Chaka Khan. Lorine is an active angel investor who invests and advises women and minority led companies. Her portfolio includes Cisse Trading, Traklight, Hire an Esquire and Nextwave Rising Tide Fund. She is an alumna of Pipeline Angels, an angel investing bootcamp which trains women to become angel investors and increase diversity in the US angel investing community. Lorine served on the board of directors for the National Black Programming Consortium, which provides funds and distributes films and TB programs relating to African Americans with principal funding from the Corporation for Public Broadcasting/PBS. She also served on the board of Living Labs Foundation, which organized the TEDxHarlem conference in Harlem in 2012.
In this Special Report, Executive Producer Laurence Colletti sits down to interview Evolve Law Co-Founder Mary Juetten and the Evolve Law Client Driven Technology Solutions panelists at the Legal Talk Network’s Denver studio. Lawbooth Project Manager Joe Burchard moderated the talks and the panel was comprised of Davis Wright Tremaine Client Engagement & Innovation Strategist Kate White, Intensity Analytics CEO John Rome, and Bryan Cave Chief Innovation Officer Kathryn DeBord. Mary starts the interview with a brief explanation of how Evolve Law began and shares that their mission is to cultivate a community focused on accelerating the adoption of technology within the legal profession. Joe explains that the event was designed to promote discussion about technology in the general legal space, the direction these advancements are headed, and how lawyers and technologists can ensure the direction is a positive one. The group then finishes the interview with an analysis of how bots can reduce monotonous work for legal professionals, why artificial intelligence will never replace them, and how attorneys can best leverage technology to improve their practice. Mary Juetten is the founder and CEO of Traklight and the co-founder of Evolve Law. She is a contributor to the American Bar Association Law Technology Today and Forbes. Mary received her bachelor of commerce from McGill University and her juris doctorate from Arizona State University College of Law. John Rome is the chief software architect and CEO of Intensity Analytics Corporation. He is a technology inventor and software developer. John received his bachelor’s degree in economics and mathematics from the University of Minnesota Twin Cities and his juris doctorate from the University of Minnesota Law School. Kathryn DeBord is partner and chief innovation officer at Bryan Cave. She is affiliated with the American Bar Association, the Colorado Bar Association, the Colorado Women’s Bar Association, and the Washington D.C. Bar Association. Kathryn received her bachelor of arts from the University of Kansas and her juris doctorate from the George Washington University Law School. Kate White is the client engagement and innovation strategist at Davis Wright Tremaine LLP. She received her bachelor of arts from Seattle University and her juris doctorate from Seattle University School of Law. Joe Burchard is a co-founder and the project manager at Lawbooth.com and the founder of Nice Piece of Bass. He received his bachelor of applied science from the University of Colorado at Boulder.
There are many thoughts and opinions on what the future of legal tech should be and who should construct that future. If you’re a lawyer interested in influencing growth what are the best ways for you to partner with technologists to do so? How can developers and attorneys work together to help steer the evolution of this industry? In this Special Report, Evolve Law Co-Founder Mary Juetten, moderator Joe Burchard, and Evolve Law Client Driven Technology Solutions panelists Kate White, John Rome, and Kathryn DeBord discuss the future of legal tech and how attorneys and technologists can best shape it. Mary opens the panel with a brief explanation of what Evolve Law is, a community focused on accelerating the adoption of technology within the legal profession, and her hopes that the discussion will help inspire the creation of a legal innovation group in Colorado. Joe provides an introduction for each panelist and starts a group analysis on the biggest pain points for practicing lawyers. Kate elaborates on what client driven tech solutions actually means, technology solutions tailored to relieve a specific client frustration. She considers new pressures on in-house counsel, the volume areas of work that need to be handled more efficiently, and how outside counsel can partner with legal professionals. Kathryn DeBord answers the question,”Do law firms need technology to grow?” and provides insight on how leveraging current technology can help to reduce monotonous tasks and free up attorneys to more consistently focus on the practice of law. The group then debates whether legal professionals should develop or aid in developing new technologies or whether that responsibility should be left solely in the hands of technologists outside of the industry. John shifts the conversation to data security and the lack of urgency in the legal tech community despite the recent Panama Papers leaks. The group then wraps up the panel with an analysis of artificial intelligence, why robots will never replace lawyers, and a question and answer session with the event attendees. Adam Camras is the chief executive officer of Legal Talk Network. He has been involved in the legal industry for over a decade and enjoys learning about the latest technology and trends affecting the industry. Adam travels the country for speaking engagements, to attend conferences, and to meet with members of the legal community. Mary Juetten is the founder and CEO of Traklight and the co-founder of Evolve Law. She is a contributor to the American Bar Association Law Technology Today and Forbes. Mary received her bachelor of commerce from McGill University and her juris doctorate from Arizona State University College of Law. John Rome is the Chief Software Architect and CEO of Intensity Analytics Corporation. He is a technology inventor and software developer. John received his bachelor’s degree in economics and mathematics from the University of Minnesota-Twin Cities and his juris doctorate from the University of Minnesota Law School. Kathryn DeBord is partner and chief innovation officer at Bryan Cave. She is affiliated with the American Bar Association, the Colorado Bar Association, the Colorado Women’s Bar Association and the Washington D.C. Bar Association. Kathryn received her bachelor of arts from the University of Kansas and her juris doctorate from the George Washington University Law School. Kate White is the Client Engagement & Innovation Strategist at Davis Wright Tremaine LLP. She received her bachelor of arts from Seattle University and her juris doctorate from Seattle University School of Law. Joe Burchard is a co-founder and the project manager at Lawbooth.com and the founder of Nice Piece of Bass. He received his bachelor of applied science from the University of Colorado at Boulder.
Summary Today on the Evolve Law Podcast, we welcome Mary Juetten, the CEO of the Traklight. Traklight is a legal tech company that functions a little bit like turbo task for property and business risk. They partner with large companies that want a simple, affordable solution for lead generation and client generation, as well as with individual practitioners and small business. Tune in to find out more about this business and the innovations being made in the legal industry! For the latest topics, trends and tech in the legal industry, subscribe to Evolve Law Podcast: A Catalyst for Legal Innovation. Listen as legal experts and leaders share insights about the legal industry. For more information, questions, or suggestions about our podcast feel free to email us at info@evolvelawnow.com! Show Notes 0:00 Intro 0:23 Introducing Mary Juetten from Traklight 1:14 How Did You Discover This Legal Tech Problem? 1:50 How Are Your Main Customers? 2:36 What Companies Do You Work With? 3:00 Do You Have Any Case Studies or Feedback 3:49 What Makes You a Legal Tech Expert? 4:30 Do You Have Any Metrics You Can Share? 6:07 Outro