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ARTICLE · 12 JUNE 2019

Legal Tech And The Changing Legal Services Industry: Weekly Update - June 6, 2019

"We're spending $2 billion on client-based technology in the next 18 months. That's kind of difficult to compete against, to be frank." – Chris Price, CEO EY Riverview Law, in response to my question ...

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A. QUOTE OF THE WEEK

"We're spending $2 billion on client-based technology in the next 18 months. That's kind of difficult to compete against, to be frank." – Chris Price, CEO EY Riverview Law, in response to my question at a presentation last month about the threat that EY posed to traditional law firms.

On Monday, EY announced the closing of its acquisition of the Pangea3 Legal Managed Services business from Thomson Reuters.


B. ARTICLES TO READ

1. What Jeopardy Can Teach Lawyers About Deviating From Tradition

How James Holzhauer Revolutionized Jeopardy (Asher Price)

Key Quote:

"what sets Mr. Holzhauer apart ... [is, according to 4-time Jeopardy! Champion Jonathan Dinerstein] "a relentless pursuit of a mathematically-optimized money-maximizing betting strategy.""

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