Seelbach: Legal tech is attractive because attorneys rarely switch software
Karl Seelbach · 13 - Revolutionizing Legal Depositions with Skribe Founder Karl Seelbach · Jan 7, 2025 · at 26:51
Karl Seelbach, founder of legal tech startup Skribe.ai, explains to host Christian Marquez why legal tech offers strong retention metrics for investors.
0:00 / 0:18exact quote · 19.0s
720p mp4 · rendered on demand · StarZero watermark
“Legal tech certainly has fallen behind some of the other big verticals, insure tech, the medical field, and I think people are now beginning to realize that legal tech is extremely attractive, and one of the things that's so attractive about it is attorneys find something they like, they don't change very often.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Karl Seelbach
Seelbach: Skribe is 60% to 70% cheaper than traditional court reporting
“It's an alternative to old-fashioned court reporting. It's about 60 to 70% less expensive.”
Seelbach: AI will disrupt how attorneys bill for their time
“AI is going to ultimately disrupt how attorneys bill for their time because AI is going to be that powerful in the years to come, and I think that's true”
Seelbach: Traditional depositions cost roughly $1,000 per hour with agency markups
“And so the cost to take a deposition the way I just described is about a thousand dollars an hour by the time you pay all of those people. The sonographer, the videographer, they're sent to the job by a court reporting agency, which is a middleman, so they're …”
Seelbach: Traditional deposition transcripts take three to four weeks without expedite fees
“Unless I wanted to pay double or triple, I wouldn't expect to get a copy of the transcript and the video until three to four weeks later.”
Seelbach: Deposition speed drives law firm case turnover like inventory
“I think more than impacting the outcome, it impacts the ability of a law firm to turn over its cases. So if you think about cases like inventory, the less delays you have baked into the system, the faster you can turn those cases.”