LegalTechTalk Uncovered Ep 13 – Sree Chintala  

Transcript

Robert Hanna: Welcome to the Legally Speaking Podcast, LegalTechTalk Uncovered mini-series powered by Clio. Please introduce yourself.

Sree Chintala: Hi, this is Sree Chintala, CEO and founder of mylegacy.ai.

Robert Hanna: Lovely to meet you and I’ve really enjoyed what you’re doing. You talked a lot about offline what you’re doing, so we’re going to dive into that in a moment. But firstly, how are you finding your experience of the first ever LegalTechTalk in London?

Sree Chintala: This is an awesome conference here. It’s my first time attending a conference in London. Very well done, extremely well done.

Robert Hanna: Yeah, I have to say, it’s very professional, it’s good energy, great people, lots of new connections, global. Yeah, really, really exciting. Couldn’t agree more.

Can you describe what you’re focusing on at the moment?

Sree Chintala: Yeah, absolutely. So we are leveraging the technology, generative AI, blockchain, and so on. So we have been building the legacy planning tools for the past couple of years.

Now we are introducing generative AI to solve the problem, the customer adoption problem. And this is for both consumers and also for attorneys.

Robert Hanna: Yeah, and I want to kind of dive into that in a little bit more detail, because like what is that key problem you’ve been finding in and around the legal sector and how are you specifically addressing it?

Sree Chintala: Absolutely, and our focus is on estate planning and legacy planning. So we found that most people don’t think about estate planning, because it’s people, you know, it’s misconceptions. People think that it’s for older people, I need to have a lot of assets.

That’s why the adoption historically is very, very low, 30% in the US., and drops down to 10% if you go down to the UK, Canada, India, and so on. So there’s a lot, because most people don’t do it.

They think they need to talk to an attorney and spend money and time to do that. And we are introducing generative AI to solve the problem.

Robert Hanna: I like that. So how would you encourage someone who might be in that 70, 80% who isn’t thinking about it? What would you say to them?

Sree Chintala: We’ll just say, give us two minutes, and we will get you learning more about estate planning. So we introduced something called Legacy Score. It is like a credit score for your legal preparedness.

So just very few questions, few, two minutes, less than two minutes, you’ll get to know what you are missing, what you need to do based on your profile. And then that gives you a prescription on what you need to do. And we will help you every step of the way during your journey.

Robert Hanna: And sort of what touch points do they have throughout then? You mentioned the journey sort of, you know, obviously you’d like to hope you have a long, healthy life. Yeah, how does that work?

Sree Chintala: Correct. And again, legacy planning is not an one-time event and every few years you need to kind of review your process. So what we do is first to estimate, assess your readiness for dealing with emergencies, you and your family.

And then we’ll give you a list of the things that you need to do. And then how you can get those things done. There may be references to DIY tools, do-it-yourself tools.

Or if you have a complex scenario, we can refer you to an attorney that is qualified to do that. We’ll help you understand what you need in the first place and how to do this and how long it takes and how much it approximately could cost based on your scenario.

Robert Hanna: Yeah, I think it’s just innovative. It’s full with thinking. It’s getting people thinking about things sooner rather than later.

Yeah, and hopefully it can check people’s families, interests, all of that good stuff. So I absolutely get it. What’s been a standout moment for you at the whole conference?

Sree Chintala: This actually is a good conference, very good. And I got talked to the Singapore law company out there and they invited me to start up, open up our product in the Singapore geography area. That was probably the most brilliant moment that we had at this conference.

Robert Hanna: Yeah, no, 100%. I think that sounds super exciting. And what are your future plans?

Sree Chintala: So our future plans is to extend the chatbot capabilities to attorneys. So during our journey, attorneys really wanted to use this chatbot for their own client engagement. So we are focusing on that now to enable attorneys to actually do better engagement on their own websites and so on.

So it is the same chatbot that we have been training on estate planning. We see dual use case. So the consumer’s product is ready in the next four weeks.

And then we’re also launching the estate attorney chatbot in the next five weeks as well.

Robert Hanna: Exciting time. So where can people find out more? Or is there a particular website, any social media handles?

We’ll also share them in this episode too.

Sree Chintala: Absolutely. So our website is mylegacy.ai. If you type in my legacy, it will go to another attorney site.

So don’t forget the dash, mylegacy.ai. You can find me on LinkedIn, Sree, S-R-E-E, Chintala, C-H-I-N-T-A-L-A on LinkedIn. I’m always on LinkedIn.

So love to connect and talk to you guys.

Robert Hanna: Absolutely. We’d highly encourage folks to go and check it out. So thank you so much for sitting down with me, telling me all about my legacy and everything you’re getting up to.

I think it’s fantastic. Definitely get in touch with Sree. Their forward thinking is innovative.

But now from all of us on the Legally Speaking Podcast, over and out.

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Over and out!