Former Vannin MD Scott Mozarsky Talks Legal Tech During COVID

As the COVID pandemic continues to impact every area of business, legal professionals are finding ways to transition, diversify, and combat the challenges that face them. Legal tech in particular has had to adapt to the pandemic with lighting speed—with firms forced to discover new means of remote working, virtual meetings, and paperless filing.  

ABA journal speaks with Scott Mozarsky, managing director with the Jordan, Edmiston Group Inc, about potential lasting impacts of COVID. After some remarks about his career, which included a stint in Vannin Capital’s NY office, Mozarsky explains that the legal tech market has become increasingly active within the last few years. Mergers and acquisitions were up, though deals tended to take longer. There’s also been a shift in managing styles at larger law firms, which are now run according to standard business principles.  

Investors are attracted by a solid business foundation and strong management teams with an eye on the future.

Legal tech, Mozarsky explains, is coming into its own after spending years under the shadow of finance technology. Firms are using data and analytics to attract and grow client relationships. They’re also connecting on Zoom, sharing documents via virtual drives, and some are holding socially distanced meetings responsibly.

The interview affirms that some changes adopted during COVID are likely to stay in place. These include online engagement and collaboration, virtual meetings, cutting down on office space, utilizing cloud services, and encouraging remote working. Currently, most courts are experiencing a backlog of cases and are using remote working tech to catch up.

Ultimately, Mozarsky concluded that the future promises an expansion of legal tech, backed by investors and interest in the legal community. As the legal markets grow with the predicted spikes in litigation, avenues for legal and financial partnerships are on the rise.