Today’s episode is with Varun Mehta, the CEO of Factor, a legal managed services company recently spun out of Axiom, the massive alternative legal services provider. Varun’s story is fascinating. He approaches the legal industry from the perspective of an engineer out to solve problems in a cross-disciplinary way, totally free from the traditional, and frequently ineffective, old ways of performing legal services for clients.
Varun starts by telling the story of a formative experience earlier in his career where he was able to assemble a team of subject matter experts and data scientists and beat a Global 100 firm in a race to find highly relevant documents relating to a key financial investigation. If his team could out-compete teams of expensive attorneys at finding needles in data haystacks, how else could a cross-functional team raise the bar for legal service?
Varun also talks about discovering his personal strengths, inspiration through Stoic philosophy, his idea of professional compound interest, and how he finally made it to the helm of one of the most interesting companies in the legal industry.
Keep an eye on companies like Factor. As the legal industry approaches client service in new and creative ways over the next decade, Factor is likely to carve out a niche as a key player in the space, in an effort to, as Varun says, bring the human back to legal.
As always, if you like our discussion, please rate us on Apple podcasts. We hope you enjoy the conversation.
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