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Ep 207: Checkbox CEO Evan Wong on Why Workflow Automation Beats CLM for Many Legal Departments

Ep 207: Checkbox CEO Evan Wong on Why Workflow Automation Beats CLM for Many Legal Departments

FromLawNext


Ep 207: Checkbox CEO Evan Wong on Why Workflow Automation Beats CLM for Many Legal Departments

FromLawNext

ratings:
Length:
45 minutes
Released:
Jun 12, 2023
Format:
Podcast episode

Description

One of the hottest sectors of the legal tech market these days is contract lifecycle management, or CLM. But Evan Wong believes that, for many inhouse legal teams, CLM is not necessarily the best route for them to streamline workflows. Rather, he believes workflow automation is often the better way for legal teams to transform their operations.  Wong is the founder and CEO of the low-code/no-code workflow automation company Checkbox. He says that law department technology needs to be more focused on workflow automation processes than on CLM. In fact, he says that CLM can actually be counterproductive for legal teams, depending on their size and maturity.  At the same time, workflow automation platforms address the same benefits of CLM — such as efficiency, accelerating contract turnaround times and reducing administrative burdens — but without the pressure of high initial costs, long implementation times and change management.   Wong was just 17 when he founded his first company, and he founded Checkbox shortly after he graduated from college, earning him and his cofounder James Han a place in the 2019 Forbes 30 Under 30. Shortly before this episode came out, Wong turned 30.    Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out.  Nota, the online business banking platform designed specifically for solo and small law firms.  Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks. Sage Timeslips, trusted by solo and small firms for nearly four decades, offers robust functionality, customizable reports, and the ability to capture time and expenses on the go.   If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.  
Released:
Jun 12, 2023
Format:
Podcast episode

Titles in the series (100)

LawNext is a weekly podcast hosted by Bob Ambrogi, who is internationally known for his writing and speaking on legal technology and innovation. Each week, Bob interviews the innovators and entrepreneurs who are driving what’s next in the legal industry. From legal technology startups to new law firm business models to enhancing access to justice, Bob and his guests explore the future of law and legal practice.