Written by Alexis N. Chun
In 2011, Marc Andreessen said “software is eating the world”. And with that in mind, a computer scientist and a lawyer decided to do just that. Legalese.com was born, and 5 years later, Singapore Management University’s Centre for Computational Law.
The Status Quo
Commas alone have cost one million (Canadian) dollars, millions in taxpayers’ dollars, and even gotten someone out of a parking ticket. Richard Susskind OBE has written about The End of Lawyers and the law firm’s business model has been described as “risking obsolescence”, “rigged to fail”, and trapped “in a death spiral”. The Atlantic said the legal profession was “the only job with an industry devoted to helping people quit”. That’s all rather grim, but probably not news. You get it, the status quo sucks.