Ep. 12 - Andy Wilson: Founder & CEO of Logikcull
Description
Andy Wilson: Founder & CEO of Logikcull
Who are the top 6 eDiscovery software CEOs?
If I say Apple - you say Steve Jobs
If I say Amazon, you say Jeff. If I say Tesla, Microsoft or GE you say Elon, Bill and Jack.
But, what if I say, Logikcull, Relativity, Disco, Everlaw, Reveal or Casepoint?
Join me this summer as I interview the top founders and CEO’s in the Legal software space starting with the Big 6 of eDiscovery.
In this episode- Andy Wilson founder and CEO of Logikcull.
Andy and I discuss:
Andy Wilson's Background and Education 9:24
Andy Wilson shares his childhood dream of being his own boss and his love for reading comic books and sci-fi. He also talks about his interest in art and how he eventually switched from English and psychology to computer science and then to management science, which combined his interests in both business and software.
Market Velocity and Business Model Comparison 11:31
David Cowen and Andy Wilson discuss the varying rates of change in different market sections and the slow adoption of modern technology. They also compare their business model to their competitors, highlighting their democratization ethos and unique bimodal purchasing options. Wilson uses the analogy of selling water to a building on fire to describe their event-driven market.
Business model compared to competitors14:37
Identifying Superpowers 17:30
David Cowen leads a discussion on identifying superpowers among the CEOs present. He asks Andy Wilson about his specific superpowers and Wilson shares that he excels in designing easy-to-use systems and making them accessible to customers. Cowen also asks Wilson for advice for law firms and corporate law departments starting their journey in exploring next-gen technology in the e-discovery space.
Cybersecurity Threats to Law Firms and Disrupting Incentive Structures 20:06
David Cowen and Andy Wilson discuss the cybersecurity threats faced by law firms and the need to invest in secure modern technology to handle clients' data. They also talk about the impact of AI on the legal industry and the need to disrupt incentive structures to adapt to the changing landscape.
Commercial Break and Logical Advertisement 26:08
During a break in the meeting, David and Andy do a humorous commercial for Logikcull.
The Impact of Automation on Job Creation 28:40
David Cowen and Andy Wilson discuss the potential impact of automation on job creation, citing McKinsey's report that for every job destroyed during the internet boom, 2.6 jobs were created. They express optimism about the future and discuss the potential for automation in the legal space, including the creation of roles such as legal engineers and chief AI officers. They also discuss the potential for automation to make the law easier to understand and for non-technical attorneys to do good work.
The Future of Legal Services 32:37
David Cowen and Andy Wilson discuss how the mission of Logikcull, is to democratize legal services and make it more accessible to the general population. They predict that the demand for legal services will increase as the cost decreases and access becomes easier. They also discuss the possibility of a new breed of lawyers emerging, specializing in areas such as drone litigation.
The Market and Entrepreneurship 38:04
David and Andy discuss the changing landscape of entrepreneurship and the ability for startups to compete with fewer resources.
For more on Cowen Podcasts, Career Coaching, and Leadership Networking Events, please visit www.Cowengroup.com
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