Ep 030 Interview with Raj Goyle, co-founder and CEO of Bodhala

<p>Episode 30 of the Legal Tech StartUp Focus Podcast -- Interview with Raj Goyle, co-founder and CEO of Bodhala</p> <p>In this episode of the Legal Tech StartUp Focus Podcast (www.legaltechstartupfocus.com/podcast), your host, Charlie Uniman, interviews Raj Goyle, the co-founder and CEO of Bodhala (www.bodhala.com). Bodhala assists in-house legal departments in managing their outside counsel spend and describes itself on its website as follows: "Bodhala’s mission is to create a transparent market for legal services. Using data to illuminate price discovery, we can drive competition and innovation not just for buyers of legal services, but for the entire industry."</p> <p>Raj begins the podcast by talking about his professional journey to legal tech. After college and law school, Raj worked in the non-profit sector and on public interest and civil rights law matters, entered politics after winning election to the Kansas State House of Representatives and served as the director of a family investment office. Listeners will hear from Raj about how it was his work in public interest law and the public sector (and not - as one might have expected - any prior work in a commercial law practice) that motivated him to strive for efficiency in the delivery of legal services and, at Bodhala, to help in-house legal departments monitor and control their law firm legal-spend</p> <p>Raj next describes what differentiates Bodhala from other legal tech companies in the spend management space (hint: offering data cleansing and data organization to its customers, together with up-to-date "what's market" information about legal-spend). In this segment of the podcast, Raj pulls no punches in explaining what it is about much of private law firm practice and the self-regulation of the legal industry that incentivizes behavior that, in turn, makes spend management such a pressing issue for so many law firm clients.</p> <p>Charlie and Raj close this episode with a discussion of legal tech startups' increasing success in fundraising from