The Non-Billable Podcast

The Non-Billable Podcast

By Non-BillableBusiness
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The Non-Billable Podcast episodes

  • Why Hogan Lovells built a 100-person legal tech company: Sebastian Lach on what clients actually want from AI

    Hogan Lovells might not be the first name that comes up in conversations about legal AI, but maybe it should. The firm quietly spun up ELTEMATE, a 100-person legal tech subsidiary, to build tools for clients that go beyond hype and deliver real efficiency gains. At the helm is Sebastian Lach, a Hogan Lovells partner who also leads ELTEMATE.

    In this episode, Sebastian talks about how ELTEMATE started with just three people around a table in 2019 and has since scaled into a global team creating client-facing technology. Funded entirely in-house, it now builds everything from AI-driven investigation tools to domain-specific tools tailored to compliance and litigation.

    We also dig into Sebastian’s views on legal AI more broadly. He’s sceptical about so-called “Swiss Army knife” platforms and argues that the real value lies in specialist, vertical tools trained on the right data and guided by lawyers who know what good looks like. “Lawyers don’t want 60% answers”, he argues. “They want a tool that gives them the right result at the push of a button.”

    It’s a conversation about what happens when a Big Law firm takes tech seriously - balancing risk and innovation - and what clients are really asking for when they demand AI.

    Chapters

    00:01 Introduction

    00:50 Sebastian’s Background

    02:07 Transitioning from Law to Legal Tech

    04:00 Exploring White Collar Crime Law

    07:25 The Birth of ELTEMATE

    10:34 Funding and Business Model of ELTEMATE

    11:39 ELTEMATE's Growth and Structure

    13:12 ELTEMATE's Product Suite and Strategy

    18:23 The Importance of Domain-Specific Solutions

    20:48 Data as a Core Differentiator

    24:28 The Future of Legal Tech and Client Needs

    28:30 The Vision for ELTEMATE

    31:16 Lessons Learned in Legal Tech Innovation

    34:48 Concerns About AI in Legal Practice

    35:51 Skills for the Future Lawyer

    38:02 The Future of the Billable Hour

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    39 min
  • Inside McDermott's $2.8bn merger: London managing partner Aymen Mahmoud on building a transatlantic private capital powerhouse

    McDermott has just completed one of the biggest Big Law mergers in recent years, tying up with New York’s Schulte Roth & Zabel to create a $2.8 billion powerhouse sitting just outside the top 10 US firms by revenue. The deal was wrapped up in just three months - record speed by law firm standards - and is already producing results.

    In this episode, we sit down with Aymen Mahmoud, McDermott’s London managing partner, to get the inside view on how the merger came together, why culture was as important as strategy, and what the combined platform means for clients on both sides of the Atlantic.

    He explains why he calls it a “marriage of conviction” and why the firm is betting big on private capital as the driver of its next phase of growth.

    We also dig into the London story: how Schulte’s top-tier funds practice changes McDermott’s position in the market, the firm’s plans for a new Mayfair office in 2028, and the ambition to be on every top client’s speed dial for private capital work.

    Along the way, Aymen shares candid insights on talent, pay, and how McDermott is trying to do things differently - from matching New York comp in London to giving billable credit for mindfulness.

    Chapters

    00:01 Introduction

    01:15 The McDermott-Schulte Merger

    07:07 Cultural Integration and Success Metrics

    12:45 Strategic Growth in London

    18:42 Talent Acquisition and Retention

    24:40 Leadership and Personal Growth

    30:43 Future Vision for McDermott

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    38 min
  • Why Hill Dickinson sponsored Everton's new stadium: Peter Jackson on bold marketing bets and lessons from 20 years at the top

    Hill Dickinson made headlines earlier this year with one of the boldest law firm marketing moves in recent memory: a multi-million pound deal to put its name on Everton’s new stadium in Liverpool.

    In this episode, Peter Jackson - the firm’s long-time managing partner and CEO - takes us inside the decision, what it means for brand recognition, and why giving back to the city was part of the rationale.

    Over nearly two decades leading Hill Dickinson, Jackson steered the firm through both rapid growth and tough choices. He recalls the pivotal moment in 2016 when the insurance practice, once a cornerstone of the business, became a drag on profits - and how the bold decision to sell it to Keoghs reshaped the firm’s future. His mantra: be brave, and get your partners onside.

    We also explore how Jackson approached culture and values, from rejecting lucrative lateral hires that didn’t fit, to hands-on leadership built around trust and constant communication. For him, sustainable growth always came back to three basics: people, clients and cash.

    Finally, Jackson shares his take on the wider market: the rise of external capital in law, the challenges and opportunities it brings, and what he thinks firms often get wrong about private equity investment.

    Chapters

    00:01 Introduction

    01:30 Peter’s Background and Shipping Law

    04:13 The World of Superyachts and Monaco Expansion

    06:16 Hill Dickinson in the 1980s: From Liverpool Roots to London Growth

    09:03 Leadership Challenges and the Keoghs Transaction

    12:08 Strategy, Profitability and the Post-2016 Pivot

    14:32 Culture and Values: Building a Cohesive Firm

    16:09 The Changing Role of Managing Partner

    19:06 Hands-On Leadership and Partner Communication

    21:18 Talent, Lateral Hires and Protecting Culture

    23:18 Defining Star Partners and Building Teams

    25:28 The Everton Stadium Deal: Bold Marketing in Law

    30:23 Brand Recognition, Recruitment and Giving Back to Liverpool

    35:05 External Capital in Law: Opportunities and Risks

    43:12 Leadership Lessons: People, Clients, Cash

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    47 min
  • 'The reality is very different': KPMG legal chief Stuart Bedford on what people get wrong about the Big Four’s legal ambitions

    What role do the Big Four really play in the legal market, and how different are they from traditional firms? In this episode, we sit down with Stuart Bedford, global head of legal at KPMG, to get a first-hand view of how one of the world’s largest professional services organisations is approaching the delivery of legal services.

    Stuart reflects on his own career journey, qualifying at Linklaters, building one of the City’s leading corporate practices, and eventually stepping into leadership at KPMG. He explains how his experience across multiple disciplines and jurisdictions shaped his perspective on what clients truly need from their lawyers.

    We dig into what sets KPMG Law apart - why they’re not chasing the mega M&A deals that grab headlines, but instead focusing on areas where law, technology, and multidisciplinary teams intersect. From entity management and post-merger integration, to regulatory compliance and legal managed services at scale, Stuart outlines a model that looks very different to Big Law.

    Finally, Stuart discusses KPMG’s expansion into the US via an Arizona ABS licence, the firm’s Legal Reimagined programme, and the opportunities created by technology, data and global delivery. If you’ve ever wondered how a Big Four legal arm competes without playing the traditional law firm game, this conversation offers a look inside.

    Chapters

    00:01 Introduction

    01:15 Introduction & Stuart’s Early Career Path

    03:18 Changing Specialisation in Law Firms

    05:35 Why Stuart Moved to KPMG

    08:32 Rethinking the Big Four’s Legal Offering

    13:14 Post-Merger Integration & Entity Management

    16:38 Technology, Data & Legal Reimagined

    21:17 Delivering Managed Legal Services at Scale

    25:39 Talent, Culture & Multidisciplinary Teams

    29:18 Embedding Legal Within the Wider KPMG Business

    31:40 Have the Big Four’s Legal Dreams Materialised?

    33:31 US Expansion & the Arizona ABS Licence

    38:02 Looking Ahead: The Future of KPMG Law

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    39 min
  • 'Some firms won't survive': Simmons senior partner Julian Taylor on the legal AI reckoning, NQ pay wars and the US firm challenge

    Julian Taylor is senior partner at Simmons & Simmons and one of the City’s most highly regarded employment lawyers. He’s spent over 25 years at the firm and has had a front-row seat to the transformation of the legal profession. In this episode, he shares candid views on the forces reshaping the industry, from the rise of AI to the battle for the best talent.

    Julian explains how Simmons is embedding AI into its work - from in-house tools like “Percy” to partnerships with legal tech providers - and why firms that fail to adapt could struggle to survive. He also talks about how AI is changing pricing models, client expectations, and the types of work law firms can take on.

    Julian calls newly qualified lawyer pay in some parts of the market “crazy”, warns about the talent market distortions it creates, and explains why Simmons takes a different approach to competing for junior lawyers. He also reflects on the impact of US firms in London and how their intense profitability targets are reshaping the market.

    We finish with a discussion on culture and flexibility - including the unique part-time arrangement Julian has maintained for nearly two decades - and why he believes adaptability and openness to change are now non-negotiable for any lawyer building a long-term career.

    Chapters

    00:01 Introduction

    01:15 Julian’s Background and Career

    03:21 Simmons' Financial Performance and Sector Focus

    06:33 The Role of AI in Law

    11:15 Pricing and Client Expectations in the Age of AI

    15:10 Building vs. Buying Legal Tech Solutions

    19:13 The Future of AI in the Legal Profession

    24:58 Training the Next Generation of Lawyers

    28:37 Attracting and Retaining Talent in a Changing Landscape

    32:39 Flexible Work Arrangements and Work-Life Balance

    37:45 ‘Crazy’ NQ Pay And The Impact of US Firms on the Legal Market

    43:05 Looking Ahead: Goals for the Future

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    45 min
  • Why investors are eyeing law firms: Burford Capital’s Travis Lenkner on how external capital is changing the market and why Burford prefers minority stakes

    Private equity and other forms of external capital are moving into the legal sector - a shift that is very likely to reshape law firm strategy. In this episode, we speak with Travis Lenkner, chief development officer at Burford Capital, the world’s largest provider of legal finance, about why investors are increasingly eyeing law firms and what that means for the market.

    Travis shares his unique perspective, having worked as a litigator at Gibson Dunn, served as senior counsel at Boeing, co-founded litigation funder Gerchen Keller Capital (later acquired by Burford), and launched his own law firm before rejoining Burford in 2024.

    Now focused on exploring potential equity investments in law firms, Travis explains the forces driving investor interest - from the UK’s long-standing ABS regime to growing recognition of law as a professional services market ripe for consolidation and technology-led transformation.

    We discuss the different ends of the market attracting attention, from private equity-backed regional roll-ups to strategic growth capital for top-tier global firms. Travis explains why Burford prefers minority stakes, the kinds of structures that make sense for law firms wary of losing control, and how outside capital can fund strategic hires, technology investment and geographic expansion. He also tackles the challenges of the traditional partnership model and the cultural shifts required to align incentives with long-term growth.

    Finally, Travis offers insights on the evolving US market - where regulatory constraints mean law firm investment often looks different - and why he expects both markets to develop rapidly in the next five years.

    Chapters

    00:45 Introduction to Travis And Career Journey

    02:31 Understanding Burford Capital's Role in Legal Finance

    04:50 The Financial Model Behind Litigation Funding

    05:46 The Rise of External Capital in Law Firms

    06:12 Investment Strategies for Law Firms

    09:13 The Future of Law Firms in a Competitive Market

    13:46 The Evolving Landscape of Law Firm Investments

    17:28 Navigating Risks in Law Firm Dynamics

    19:20 Understanding Investor Exit Strategies

    24:14 Burford's Unique Position in Legal Investments

    25:26 Targeting Growth in Boutique Law Firms

    29:35 The Future of the US Legal Market

    34:24 Burford's Portfolio in Five Years

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    38 min
  • The $100m legal AI startup transforming in-house teams: Wordsmith CEO Ross McNairn on turning legal into a revenue driver

    Ross McNairn is the founder and CEO of Wordsmith, one of the fastest-growing legal AI startups in Europe. In this episode, Ross shares how Wordsmith is rethinking the in-house legal function - not just with automation, but with a new model for how legal teams can triage and respond to the rest of the business using AI agents.

    We talk through the challenges of in-house legal teams, why Wordsmith is laser-focused on corporate legal rather than law firms, and how AI assistants are shifting legal from being perceived as a blocker to a true business enabler. Ross also explains how their customers - including companies like Trustpilot - are using the platform to improve responsiveness and efficiency across functions.

    Ross opens up about raising $25 million from Index Ventures, how Wordsmith became the fastest Scottish company to hit a $100 million valuation, and why they’ve been disciplined about staying lean, product-led, and focused on usage over hype. He also shares his thoughts on legal AI funding trends, the law firm vs in-house tech split, and the future of generalist vs vertical solutions in the space.

    Whether you’re a GC thinking about legal AI adoption, a lawyer eyeing a career move into tech, or just curious about how legal is changing from the inside, this is a conversation with a founder building at the forefront of the industry.

    Chapters

    00:45 From Law to Software

    00:53 The Role of AI in Legal Workflows

    02:11 Introducing Wordsmith

    05:08 AI Agents: Enhancing Legal Productivity

    08:08 Customer Success Stories: Real-World Impact of Wordsmith

    10:57 Sales Strategy: Building Trust in Legal Tech

    13:55 Funding and Future Plans: Scaling Wordsmith

    16:30 Building a Lean Company

    17:27 Hiring for Legal Intelligence

    19:06 Motivations For People Joining Wordsmith

    20:50 Competitors in the Legal Tech Space

    21:17 Wordsmith's Suite of Tools

    22:16 Future of Legal Tech Solutions

    23:38 Impact of Recent Partnerships in Legal Tech

    26:02 Data Needs for In-House Legal Teams

    28:00 Investment Boom in Legal Tech

    29:27 Wordsmith's Strategy for Success

    32:31 Trends in Legal Tech

    33:25 Hiring Challenges at Wordsmith

    34:01 Vision for Wordsmith in 2030

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    35 min
  • Private equity is circling the legal industry: Rosenblatt rescue dealmaker Adil Taha on law firm deals, PE strategy and the exit problem

    In this episode, we’re joined by Adil Taha, a former investment banker, private equity executive and one of the most experienced PE figures operating in the UK legal sector today.

    Adil has led or been involved in multiple private equity transactions across professional services, including the turnaround of several law firms and the recent high-profile rescue of Rosenblatt out of failing listed group RBG Holdings.

    We dive into the mechanics of private equity in law - how deals are structured, what PE firms are really looking for, and why so many are focused on buy-and-build strategies in the regional market. Adil gives a candid assessment of what’s working, what isn’t, and why we’ve yet to see a successful PE exit in UK legal.

    He also unpacks the challenges of law firm listings, the hidden risks of the full-service model, and why relationship-driven businesses don’t always fit neatly into financial engineering. Finally, we talk about the opportunity Adil sees at the top end of the market: building a lean, high-performance boutique from scratch. For investors, firm leaders, and ambitious lawyers alike, this is an inside look at how private capital is reshaping the business of law.

    Chapters

    00:45 Adil’s Background and First Law Firm Rescue

    02:15 The Rosenblatt Rescue

    03:51 The Rise of PE in Legal Post-COVID

    06:27 Where PE is Investing Today

    09:09 Exit Challenges and Lack of Trade Sales

    11:45 Why Law Firm IPOs Don’t Work

    14:39 The Culture Clash Between Law and Public Markets

    16:08 Trade Sales vs PE: Who’s Buying?

    19:03 Why MBOs May Be the Only Exit Path

    21:21 Could PE Ever Buy a Top 30 Firm?

    23:09 Lessons from DWF and Who’s Vulnerable

    25:39 Exit Options for Larger Firms

    27:39 How PE Transactions Work in Practice

    30:39 How Deals Are Structured: Day One, Rollovers, Earn-Outs

    34:45 The Case for Building a Super Boutique from Scratch

    37:57 The Super Boutique Vision and Timing

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    40 min
  • How top firms compete for talent: City headhunter Ed Parker on the high-stakes game of elite lateral partner hiring

    In this episode, we’re joined by Ed Parker, managing director at Fides Search and one of the most trusted headhunters in the City legal market.

    With nearly two decades of experience advising on partner and team moves, Ed brings a nuanced, data-driven perspective on how top firms are growing, and what that means for lawyers navigating their careers.

    We explore the structural shifts happening across the partner talent market, from the aggressive expansion of US firms in London to the growing importance of team moves and due diligence in lateral hiring. Ed explains why some firms are placing massive bets on high-performing partners, how they price those hires, and what really determines whether a client book will travel.

    For ambitious associates, this episode is packed with insight. Ed shares honest advice on timing your move, the risks of chasing quick promotions, and how to position yourself for long-term success - whether that’s through internal promotion or switching platforms. He also unpacks the rise of non-equity partnerships and what clients really care about when it comes to partner titles.

    Finally, we touch on where the market is headed in the second half the year, from fast-moving jurisdictions like Saudi and Luxembourg to the enduring pull of London as a legal hub. If you're interested in the economics, strategy, and personal dynamics behind law firm hiring, this is one not to miss.

    Chapters

    00:45 Introduction & About Fides Search

    03:45 What Headhunting Actually Involves

    07:15 Building a Practice from Scratch

    10:15 The State of the Partner Market in 2025

    14:15 UK Firms: Adapting or Falling Behind?

    17:30 Team Moves vs. Individual Lateral Hires

    21:15 The Economics of Big Hires

    25:45 Is This an Existential Threat to UK Firms?

    30:15 The Rise of Non-Equity Partners

    35:15 Advice for Ambitious Associates

    43:45 Market Outlook for H2 2025

    47:45 Connect with Ed & Fides Search

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    50 min
  • The boutique that beat the Magic Circle: How Quinn Emanuel built the most successful litigation practice in London

    In this episode, we sit down with Richard East, the founding partner of Quinn Emanuel’s London office - the litigation powerhouse that has gone from a 2008 startup to one of the UK’s most profitable disputes firms, with revenues topping £220 million last year. Richard shares how he built the practice from scratch during the height of the financial crisis.

    We discuss Quinn Emanuel’s distinctive model: no corporate teams, no panels, no conflicts - and no apologies about taking on the banks. Richard explains why that singular focus has been so powerful, and how the firm’s “door-to-door” approach to marketing - cold-calling and in-person meetings - helped them land early clients that fuelled their growth.

    Richard also opens up about recruiting and compensation, including why Quinn refuses to follow the Cravath scale, why they pay comfortably above Magic Circle firms, and why entrepreneurial mindset is non-negotiable for new partners. He describes a culture that rewards independence and drive - and expects associates to own cases, not just take instructions.

    We wrap up with Richard’s thoughts on competition, the evolution of the Magic Circle, and what comes next. He shares why he sees massive potential in using AI to stay ahead, why he isn’t afraid of giant mergers, and why after 17 years he still feels like there’s much more to build.

    Chapters

    00:40 Launching Quinn Emanuel London in 2008

    04:00 Building a Litigation-Only Practice from Scratch

    07:20 Marketing that Actually Works: Cold-Calling and Door-to-Door Meetings

    11:00 Winning Early Clients During the Financial Crisis

    14:40 How the Firm Thinks About Talent and Compensation

    20:00 Culture, Independence, and Entrepreneurial DNA

    24:30 Perspectives on the Magic Circle and Big Law Competitors

    29:30 The Role of AI and the Future of Litigation

    33:40 Leadership Lessons from 17 Years at the Helm

    36:30 Ambition for the Next Chapter

    About Non-Billable

    Non-Billable is the media company for modern legal professionals across private practice, in-house and legal tech.

    Visit our website: ⁠⁠https://www.nonbillable.co.uk

    41 min

About The Non-Billable Podcast

From the publisher's feed

The Non-Billable Podcast takes UK legal professionals beyond the billable hour, bringing you interviews with top lawyers, law firm leaders, industry experts and legal tech innovators to uncover actionable insights on the business of law, career growth and the future of the industry.