Rich Lee

CEO & Co-Founder, @NewEraADR | Angel/Advisor/Board: tech cos | Love sports, music, and all new tech | Tweets: my own and never that serious

[Rich Lee @RichlyTweets]

I'm thrilled to share what my co-founders and I have been building! Streamlined procedures, access the best #mediators and #arbitrators, and do it all digitally from anywhere...on one platform. This is @NewEraADR.

Thank you for sharing our story, @BLaw!

https://t.co/3z5DetETHS

[Rich Lee @RichlyTweets]

@boardyai Building a dispute resolution platform for the 90% of legal disputes that currently result in unwanted settlements or surrender. Boardy has already helped a ton, and Boardy Pro would be huge for this

[Balaji @balajis]

Unfortunately, I completely agree that the United States of America is rapidly descending into all-out conflict between left and right.

The Luigi left, Kirk killers, anti-Tesla terrorists, and Altman attackers are already in shoot-on-sight mode against conservatives, libertarians, and technologists. The right isn’t there yet; they’re called reactionaries because they only react, so they’re always one cycle behind. Thus, the left has already started shooting while the right is still “only” mirroring the lawfare of last decade’s left. But anyone can see how incandescently angry the American right is getting, so one can expect them to mirror leftist tactics eventually, just as J6 followed BLM.

A problem then arises. You see, when communists and nationalists duke it out, technologists tend to be hated by both sides…and tend to leave.

That’s what happened in Europe. In the early 1900s, Europe was the undisputed center of science. But then the far left rose to power in Russia, and in response arose a far right in Germany, and then those two psychotic factions blew each other up and took much of Europe with them.

The result was that scientists with options left. Shown below is the graph of Nobel prizes. Science used to be centered in Europe when America was still a relative backwater…renowned for cranking out widgets but not much else.

Then, as Europe tore itself apart, the smart scientists (and capitalists) simply left for America. Many had no choice; you just couldn’t be a Russian capitalist in the Soviet Union or a Jewish scientist in Nazi Germany, no matter how many years your family might have been in the country.

Passionate protestations of ideological loyalty and everlasting patriotism didn’t matter. At best the enemy classes and races were unbanked and denaturalized; at worst they were simply killed.

And arguably, all of that — the communism, the nationalism, the wars — all of that arose from the disruption wrought by the Industrial Revolution. We might anticipate similar levels of disruption from the Information Revolution.

If so, if America is torn between Democrats and Republicans, or Wokes and MAGAs, or whatever factions succeed them, it’s just not going to be a good place for technological progress. Instead, progress will decentralize to other locations around the world, as it did before.

[David Sacks @DavidSacks]

This is a smart strategy. Thanks to President Trump, the U.S. is energy independent. The countries that actually depend on Gulf oil should apply pressure to reopen the strait.

[Vinod Khosla @vkhosla]

Personal view: I admire @AnthropicAI sticking by their principles but disagree with the principle itself. Putin won’t fight fair so we should have autonomous AI weapons for sure.

[Keith Rabois @rabois]

This is what I voted for: 5 Cabinet Secretaries plus the VP and President just showed up for a conference on Winning AI.

[Rich Lee @RichlyTweets]

@Austen @NewEraADR When disputes get to the point and resolve in 100 days, pain & threat of pain lose their leverage. Then, it’s just about the facts and merits of each side’s cases. Basically, how it always should’ve been.

Would love to chat, @Austen. I think you’ll find @NewEraADR refreshing.

[Rich Lee @RichlyTweets]

@Austen @NewEraADR No industry is immune to the fact that, before @NewEraADR, how legal disputes are dealt with is overwhelmingly driven by pain or the threat of pain. We’re an alternative digital court that resolves legal disputes in 100 days — saving people/orgs up to 90% in cost/time/headaches

[Fareed Zakaria @FareedZakaria]

America’s top universities should abandon their long misadventure into politics, retrain their gaze on their core strengths and rebuild their reputations as centers of research and learning.

My take:

[LexFusion @LexFusion]

Big news for LexFusion member, @NewEraADR! They have been chosen as the new independent arbitration body for sport disputes within the Olympic and Paralympic movement. Team LexFusion would like to take this opportunity to congratulate New Era ADR on this accomplishment.

[Rich Lee @RichlyTweets]

"The kindest person in the room is often the smartest." 💯

I couldn't agree more. Well said, @JBPritzker. https://t.co/3MFr982kWQ

[Erik Hammer @ejhammertime]

Amazing work by my friends from ⁦@NewEraADR⁩ as they launch with team USA. Legal disputes should be easier, faster, and less costly to solve for everyone. Sports is no different.
#legaltech #sportstech https://t.co/W5Ub4CKiru

[Rich Lee @RichlyTweets]

I’m proud of the growth-minded, intellectually curious, psychologically safe culture we’ve built at New Era ADR that encourages each of us — individually and as a company — to invite critical feedback, innovate freely, and view mistakes as learning opport…https://t.co/wBZNf0THJy

[Rich Lee @RichlyTweets]

So delighted to be part of this project @Clevy_Law, thanks for inviting me to contribute and work with you! https://t.co/z8b8VhHtDN

[Rich Lee @RichlyTweets]

👏👏👏

[Brian Armstrong @brian_armstrong]

Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules.

Remember:
1. The SEC reviewed our business and allowed us to become a public company in 2021.
2. There is no path to "come in and register" - we tried, repeatedly - so we don't list securities. We reject the vast majority of assets we review.
3. The SEC and CFTC have made conflicting statements, and don't even agree on what is a security and what is a commodity.
4. This is why the US congress is introducing new legislation to fix the situation, and the rest of the world is moving to put clear rules in place to support this technology.

Instead of publishing a clear rule book, the SEC has taken a regulation by enforcement approach that is harming America. So if we need to avail ourselves of the courts to get clarity, so be it.

Btw, in case it’s not obvious, the Coinbase suit is very different from others out there – the complaint filed against us is exclusively focused on what is or is not a security. And we are confident in our facts and the law.

We'll get the job done. In the meantime, let's all keep moving forward and building as an industry. America will get this right in the end.

[Rich Lee @RichlyTweets]

I'm excited to join Law360's 2023 Legaltech Editorial Advisory Board and serve alongside:

@flouj
Wendy Butler Curtis
Lucy Lu
@MedeirosLegal
Shelley Gilliss, Ph.D., SHRM-SCP
@DiscoveryMWE
@rdilworth

Thanks Law360 for this opportun…https://t.co/5hqVFJ07tH https://t.co/b2KW4zgCQ2

[Rich Lee @RichlyTweets]

People first…always. This is a beautiful reminder. Thanks for sharing, Neal Foard. https://t.co/F8gbWpIjTp

[Rich Lee @RichlyTweets]

Human-centered recognition is the best kind. It's validation that we're doing the right thing in building an ambitious, driven, and highly empathetic team culture that prioritizes the well-being of our coworkers, partners, and ours…https://t.co/47yHZUFkgO https://t.co/6fDJhvRY99

[Rich Lee @RichlyTweets]

I never subscribed to the term “#worklifebalance,” — the two are not such separate, distinct, and opposite realities as to require balance.

Work and life are harmonious parts of the same reality. What’s happening in one undoubted…https://t.co/9C5z14dkIc https://t.co/kqeDIc44yk

[Rich Lee @RichlyTweets]

I've long admired @Clevy_Law's passion and evangelism of legal technology, so I was beyond honored when he asked me to author a chapter in his upcoming book, “Handbook of Legal Tech."

In it, I discuss technology opportunities to…https://t.co/FUxj9bUmEu https://t.co/RaAavPTWT8