Want to create an interactive transcript for this episode?
Podcast: You Are A Lawyer: Take Risks and Change Careers in Law
Episode: Why the Hourly Billing Model Is Broken with Stephen Candelmo
Description: Stephen Candelmo is a corporate lawyer turned tech founder who has spent nearly thirty years advising emerging companies and building his own ventures. In this episode, he explains how a recession, a machine learning experiment, and a desire for fairness inspired him to create Paralex, a legal platform that delivers fixed-fee, AI-powered legal services for small businesses and startups. He also shares why he believes the legal profession is on the edge of a major transformation.Lawyer Side HustlesStephen’s entrepreneurial path began long before Paralex. While still practicing corporate law, he...