Legal Geek Meets Rhys Hodkinson
This week the Legal Geek team has been speaking to Rhys Hodkinson from the team at Definely. Rhys is speaking at this year’s Legal Geek Conference in October.
FinTech is easy to define: any technology that seeks to improve, enable and/or automate the delivery and use of financial services. But the precise origin of this portmanteau word is hard to pinpoint: Wells Fargo became the first bank to offer online accounts in 1995, PayPal launched in 1999, and Zopa became the world’s first peer-to-peer lending company in 2005 – regularly cited as a pivotal FinTech event.
We have been catching up with the fantastic team at the City of London Corporation, chatting with Theresa Yurkewich Hoffmann and Mary Kyle.
To put it simply, rogue contracting is when internal business partners negotiate their terms but leave legal and their processes out of the picture. But why does this happen?
“These ‘business vigilantes’, as we might call them, may circumvent legal mainly because they may perceive them as this tower of ‘No'”, says Sara. “They may want to do it themselves, whether it’s out of urgency, ease, or they’re just a renegade—who knows”.
Tomorrow is the Legal Geek North America Conference (Tuesday June 22nd) and we wanted to share some pro-tips to help you make the most of your time at the event! The first thing to note is this event is only four hours long and we have created the Legal Geek Pledge – if you invest at least 90 minutes you will learn five new things and make five new friends!