Podcast Highlights from Great Entrepreneurs with RJ Lumba

Founder of Proof, Eric Voogt, sat down for a conversation with RJ Lumba, Founder and Managing Partner of GrowthCap. Here they speak about law firm efficiency and profitability, and how technology can be used to speed up the legal process, entrepreneurship, scalability where demand is great, and entrepreneurship and capital.

On Proof Technology

"There’s been a lot of innovation in the way we create documents.… Doesn’t matter if you’re a transactional attorney or a litigator, you deal in documents. AI has really helped us draft and create documents, whether they’re briefs, motions, pleadings, or transactional documents. What Proof is focused on is getting those documents in the right hands. That’s where we’re innovating great technology. Get them off your computer; them in the hands of defendants, witnesses, to the court— the court needs to know what’s happening."

On the Size of the Addressable Market  

"It’s about a $5 billion total addressable market, just for the hand-delivery of these documents to defendants and witnesses…. About 25 million lawsuits filed across all jurisdictions throughout the U.S., federal, state, and local."

On Speed to Filing

“The way it's done Pre-Proof, and across this country, is: you’ve got to find a process-serving company that’s closest to each one of the maybe your 5 defendants, you’ve got to call them up, you’ve got to arrange to get the documents to them by fax or email, and then it goes dark…. Most court systems give you 90 to 120 days just to deliver these documents to get those lawsuits started. We’ve narrowed that down to 1.9 days through some technology."

Listen to the full podcast for more insights and analysis of the state of legal technology and browse RJ Lumba’s other great interviews at Great Entrepreneurs.