'A new solution to legal outsourcing' – Top 20 Legal IT Innovators 2016: Obelisk CEO Dana Denis-Smith
Legal Week Intelligence, in association with Fulcrum GT, recently published the first edition of its Top 20 Legal IT Innovators report, which profiles…
November 24, 2016 at 11:14 PM
4 minute read
Legal Week Intelligence, in association with Fulcrum GT, recently published the first edition of its Top 20 Legal IT Innovators report, which profiles the law firm leaders, in-house lawyers and tech pioneers driving change in the legal profession.
Click here to download the report from Legal Week Law (free registration required).
Dana Denis-Smith describes herself as an entrepreneur, ex-lawyer and journalist. She is also the founder and CEO of Obelisk Support, which "keeps City lawyers, especially mothers, working flexibly around their family or other personal commitments and provides clients with an affordable and quality legal support solution".
From a standing start in 2010, more than 850 lawyers are now registered with Obelisk – 90% of them women, mostly in their thirties – alongside "mostly older" men. Of these, nearly half have a 'green light' at any one time – like a taxi for hire, they are immediately available for clients.
"I was looking for a new solution to legal outsourcing, which seemed to be all the rage at the time," explains Denis-Smith. "What I could see was a huge number of talented women leaving law firms. Leadership and technical ability don't have anything to do with one another but in law firms they merge as one and the same."
She argues that the long hours culture can be problematic for people with young families: "In that environment, you're measured not for your strengths but for your weaknesses: how many hours you've been in the office rather than what you have achieved – a willingness to compromise everything for work."
Obelisk was conceived with the idea that "outsourcing doesn't need to go abroad, it can be going into people's homes – a return to the cottage industry". She had four lawyers initially given to her by the Law Society "because I begged for people that had been begging them for work". She then got pregnant, "which wasn't in the plan, so in the first year not much happened".
But fairly soon, Obelisk had 120 lawyers on its books. They came via word of mouth and by Denis-Smith spending "a campaigning year going up and down the country, telling people that things needed to change". She explains: "It is our role to change, maybe not law firms, but the way the market operates. This is how I see myself: as an agent of change."
To be considered, would-be Obelisk lawyers are screened for competence and quality. Women who sign up are mostly former senior associates from top 30 UK law firms, with a quarter being ex-magic circle. They work for an average of 22 hours a week. "It's not just about supplying people who want a lifestyle, it's more about people who can't escape their lifestyle: when you have a child you can't escape the responsibility."
Goldman Sachs was one of the first Obelisk clients and still is. Other big names (BT, ING, Siemens) followed and they have a high retention rate. The Obelisk team comprises 12 people managing their lawyers' services – 80% of them in the UK, with the rest spread as far as Dubai and Chile.
"We work with clients that have international operations from a centralised location, rather than creating offices locally," she says, anticipating growth to several thousand lawyers: "It's purely economics: supply and demand." In project management, "there's no such thing as the work being late or not right", she adds. "If Obelisk is delivering, then Obelisk will deliver on time and within budget – and we've never had any issues."
Denis-Smith's plan is to "keep growing and to be in a multidisciplinary space to include accounting. The problems of parenting and working in a professional environment remain – I can't see it ever ending. As long as we have kids, I think that will be a challenge; technology will not do away with the challenge so that's what we're trying to resolve."
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllApple Subsidiaries in Belgium and France Sued by DRC Over Conflict Minerals
2 minute readDLA Piper, Heuking & Other Key Moves as German Legal Market Reshuffles Ahead of 2025
2 minute readTrending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250