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Law 2.0: exchanges with mazyar hedayat

Wednesday, January 10, 2007

Mazyar Hedayat posted in his blog a draft business model for Law 2.0. I'll give you a quot:

the business model of the website is simple: users post content for others to download, such as:

  • documents: pleadings, letters, briefs, memoranda, research
  • presentations: power-point, flash, PDF
  • media: videos, photographs
  • applications: applets or widgets

authors and items receive user ratings. highly rated authors and items are featured more prominently. revenue would be generated through

  • e-commerce: host site would take a fair % of the value of each transaction
  • advertising: start simply by deploying ads then work up to sponsorship
  • subscriptions: as mentioned above
  • licensing: application could be licensed for use within an enterprise
The content looks perfect to me. The means are already available. With Google Docs, Google Notebook, Flickr, You Tube and del.icio.us they are virtually already here. But, aside from Creative Commons, I have never seen any boilerplates provision available online for free. Why? What would attract the hourly paid lawyers to tag, post and share their docs on the net? Can the networking power of web 2.0. altered the way legal services are delivered?

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