kevin-oconnell
Joined 6 years ago
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Member since
Mar 9
Joined 6 years ago
The DMS providers have a great business and their product is stickier than glue. Fortunately, they are very startup friendly and have built out a whole app store ecosystem so other companies can layer on new capabilities that deepen the value of the DMS and make it even stickier.
Also, the billable hour is somewhat misunderstood. It is more of a process tool than a hard reality. Repeat clients expect the bill to end up within a certain range. And law firms expect their people to work a certain number of hours.
Juro and others make the other guy onboard because that limits the scope of the engineering problem. You can only create what the platform lets you create, so you know in advance what the system needs to handle. This approach makes it easier to build. But the problem is that it is really hard to get the other guy to onboard. As a result, your MVP is not really an MVP.
Our approach required way, way more engineering work up front. But it put us in a position where getting the other guy to onboard is a "nice to have", not a requirement.