What should you be spending on outside law firms? (w/Raj Goyle, CEO Bodhala)

Today's episode is about data, and using it to change the way law firms act on DEI.

"Inefficiency offends me!"

Raj Goyle, CEO Bodhala is passionate about the legal profession not being designed to meet the needs of society. Lawyers are there for the incumbents and the whole system is immature in how legal services are delivered sociologically and economically. The lack of diversity in the law profession is "Disgusting, pathetic, hypocritical, and they should be ashamed of themselves. It's about profit maximization, self-governed clubby guild." For example, more than half of law classes at universities are females, however once you get past the first or second year at a law firm the diverse ranks thin out due to the sponsorship system and by the partner stage it's the country club demographic. 

Raj believes the solution is about data. "You cannot manage what you do not measure." As you drive change management within the entire legal construct, we need to shift from qualitative survey-based methods to quantitative, data-based solutions.

Follow Insurtech Leadership Podcast airing weekly hosted by Joshua R. Hollander. We give you up-close access and personal insights from the leaders of the fastest growing #insurtechs , innovative insurance carriers and brokers.