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I love building and growing businesses. I'm currently CEO & Founder of New Era ADR, a VC-backed technology company saving precious time and money for individuals and businesses, bringing long-desired yet never-before-seen certainty and predictability to the legal dispute process, up to 90% reductions in time and cost, and revolutionizing how disputes are resolved in the U.S.Before this, I served on executive teams of two VC-backed technology companies that I helped build and scale through rapid growth and one acquisition so far. Before that, I led market development in Asian markets for two companies. I also serve as a board member, advisor, and investor in cutting-edge companies and with local and national non-profits. My investments cut across a diverse set of technologies, some include e-commerce in emerging markets, fintech, Web3, cannabis tech, consumer tech, and nanotechnology. Along the way, I love learning about each of these new industries and helping founders and exec teams solve the challenges involved in building new companies.
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Founder And CeoNew Era AdrChicago, Il, Us -
Ceo & FounderNew Era Adr Dec 2020 - PresentChicago, UsNew Era ADR is simplified, pragmatic, 100-day dispute resolution. We’re a VC-backed (~$8M) technology company helping businesses and individuals reduce the cost, time, and gamesmanship and of litigation by up to 90%. New Era is the long-needed digital alternative to our courts and legacy arbitration forums. Countless parties are switching to litigate on New Era instead of continuing to endure the gamesmanship, inefficiency (18-36+ months), and expense of litigating in legacy arenas.This includes some of the most prestigious and well-known organizations in numerous industries, including: financial services, retail, sports, entertainment, real estate, automotive, staffing, higher education, and insurance. After all, in 99% of legal disputes, no one *wants* nor needs to be locked in the dispute for 2+ years, yet that's what our legacy systems allow. Instead, parties are forced to pay unnecessary settlements or never bring their claims in the first place simply to avoid the time and expense. That’s not right. On New Era, companies no longer have to pay nuisance settlements for meritless cases, and individuals with real grievances will have their cases heard and decided expediently.Learn more at www.neweraadr.com -
Limited Partner + Angel InvestorVarious Startups Mar 2021 - PresentI'm an LP in multiple venture capital funds, each with different sector and stage focus and investment theses. I also make angel investments — both direct and via syndicates — in technology companies.My angel investments are driven by my conviction in the founder(s), their vision, and their market. I have no specific sector or stage focus, and my investments cut across industries like: AI, emerging market e-commerce, web3, space tech, fintech, legaltech, nanotech, and biotech.A few of the companies in my portfolio: X-Therma, Wayflyer, Mr. Yum, Arzooo, OpenAI (that one), LeafTrade, Lega.ai -
Member; Former Chair, Technology & Innovation Membership CommitteeThe Economic Club Of Chicago 2018 - PresentChicago, Illinois, UsI'm a member of the Economic Club of Chicago, and I also served as Vice-Chair then Chair of the Technology & Innovation Membership Subcommittee, the team responsible for vetting candidates for ECC membership from the technology industry. -
Leaders CouncilLegal Services Corporation (Lsc) 2018 - PresentWashington, Dc, Ushttps://lsc.gov/about-lsc/leaders-councilLSC is a U.S. Senate-funded 501(c)3, and the single largest grantor of civil legal aid for low-income Americans in the nation. LSC is headed by a bipartisan board of directors whose 11 members are appointed by the President of the United States and confirmed by the United States Senate.I serve on the Leaders Council with a small but mighty group of business, civic, sports, and education leaders across the country who raise public awareness on the devastating role that seemingly minor legal problems play in a person’s cycle of poverty, the critical need for civil legal aid, and the importance of providing equal access to our justice system to low-income Americans. -
Board MemberNextme 2013 - PresentChicago, Il, UsI serve as a board member and business advisor to this early stage tech company developing software that takes the pain out of waiting in lines for businesses and their customers. Customers experienced 20% average increase in revenue and 22% average increase in customers served. -
General Counsel & Corporate SecretaryCivis Analytics Sep 2014 - Dec 2020Chicago, Il, UsCivis is a fast-growing, VC-backed data science technology company born out of President Barack Obama’s 2012 re-election campaign. I was one of the first 40 employees, served on the executive team, and helped lead and evolve the company through rapid growth (550%+ in my tenure) and over $60M in funding. As the company’s first in-house attorney, I also built, grew, and led the company's legal, cybersecurity, privacy, compliance, and incident response strategy...and the amazing team that makes it all happen. Together, we developed and implemented Civis's ever-evolving and ever-improving cybersecurity posture, and we built and fostered a culture that goes beyond laws and regulations — one in which ethics, integrity, and simply doing the right thing are central to everything we do.My favorite part of my role is getting to learn from all of my incredibly innovative colleagues – at all levels and in all departments – who never fail to impress me. As a bonus, I get to serve as a business partner and advisor to my brilliantly eclectic colleagues and work alongside them to design and build cutting edge data products that power high-impact and large-scale solutions to humanitarian, governmental, political, and commercial problems. -
Founding Member, Financial & Emerging Technologies CommitteeThe Chicago Bar Association Apr 2018 - Nov 2020Chicago, Illinois, UsI’m a founding member of a committee of lawyers and technologists helping to shape the legal, regulatory, and ethical landscape at the intersection of bleeding-edge technologies and the law.Committee Description: Blockchain, Artificial Intelligence, the Internet of Things, biometrics, and other technological developments promise to improve lives, help manage the supply chain, change the way we bank, and to fundamentally alter both the legal profession and the industries that we serve. Along with opportunities, innovation presents unique legal, ethical, and regulatory challenges. The Financial and Emerging Technologies Committee will examine these new technologies, explore how companies are implementing them to revolutionize myriad industries, and help shape the legal, ethical, and regulatory landscape that applies to this evolving area. -
Technology & Operations Monetization Committee | Former Board MemberIllinois Legal Aid Online Mar 2016 - Nov 2020Chicago, Il, Us -
Svp, General Counsel And Corporate SecretaryLivevol Inc Feb 2011 - Sep 2014San Francisco, Ca, UsAcquired by CBOE Global Markets, Inc. (NASDAQ: CBOE). Livevol is a fast-growing technology company with offices in San Francisco and Chicago. It offers industry-leading financial data analytics, derivatives trading software and SaaS products, and development and consulting services. Clients include many Fortune 500 companies, large banks, large brokerage firms, hedge funds, all major securities exchanges, regulators, proprietary trading firms, and market makers. As General Counsel for the technology business, I served on the management team, advised our board on a wide range of governance initiatives, and managed and advised on business and legal matters including overall legal strategy, corporate governance, compliance issues, sales and marketing, inbound and outbound data/software/SaaS licensing strategy, financing, all contract drafting and negotiation, IT procurement, security and privacy, litigation, arbitration, employment matters, product development, IP strategy, and patent and trademark portfolio development. I was fortunate to be advised by terrific outside counsel from various firms, and I ran point on those relationships too. -
PartnerAtlantic Intellectual Property, Llc Mar 2009 - Jun 2014Atlantic IP is an intellectual property strategy consulting firm comprised of my two partners and me -- each of us holding leadership positions at our respective companies. We advised our clients on all technology and IP M&A, technology licensing, product development, IP asset management, and corporate IP strategy. Our clients included inventors, startups, and larger companies, primarily in technology industries including software, SaaS, hardware, media distribution, networking, and mobile device software and hardware. Sample Engagements:• Advised startup technology company on SaaS licensing and negotiation, product development, IT procurement, and negotiations for professional services agreements. • Advised inventors of consumer goods and financial software on product development, licensing, patenting, trademarking, and marketing strategies -
Ip Strategy Consultant; Director, China And Taiwan PracticeDennemeyer Sep 2009 - Sep 2010Howald, LuDennemeyer is a top three provider of IP services to clients from small firms to Global 1000 companies. I was one of two individuals recruited by the CEO to build a global IP consulting practice. In this role, I advised clients, ranging from startups to large technology companies, on technology licensing, corporate IP strategy, litigation, and infringement analysis for product development. I also led all market development efforts in China, Taiwan, Singapore, and Hong Kong. Sample Engagements:• Advised $35B+ mobile telecom company on technology license/sale negotiations, IP M&A, legal due diligence, and infringement analyses -- transactions included mobile software and hardware components. Also advised on potential technology transactions for client in areas including mobile UI, media distribution, data storage, networking, mobile computing, and location-based services• Advised $12B fabless semiconductor company on technology licensing, IP M&A, legal due diligence, infringement analysis, and technology acquisitions; presented analysis of company and competitor IP in mobile technologies• Provided research and technology acquisition opportunities to multibillion dollar semiconductor foundry; evaluated patents in SoC, IC, semiconductor fabrication, and computer and mobile hardware technologies• Led licensing and IP strategy training for multiple clients, including Fortune 500 R&D Department in China (seminar conducted in Mandarin Chinese)• Invited to serve as visiting professor in graduate program for technology management at Taiwanese graduate school of technology -
Lead Ip Transactions Analyst / Head Of China And Taiwan Market DevelopmentOcean Tomo 2008 - 2009Chicago, Il, UsOcean Tomo was a fast growing IP investment bank that assisted technology companies in developing and executing on corporate IP strategy. My role involved legal due diligence of technology and IP assets in M&A including in-depth review of numerous software/hardware license agreements, litigation history, and development of competitor technology analyses for numerous clients. I worked with clients ranging from entrepreneurs and small startups to $30B+ technology companies on technology licensing, product development, and IP acquisitions. I also led market development efforts in Taiwan and China. • Advised $12B OEM of computer and mobile hardware on technology licensing and IP strategy; developed strong understanding of mobile software, display, imaging, and mobile communication technologies• Led research and analysis for licensing effort of green technology portfolio, resulted in license to major municipal utility company• Created and grew multiple strategic relationships in Taiwan, China, and Singapore• Involved in successful execution of over $15MM in IP transactions• Evaluated technology portfolios in litigious spaces including consumer electronics, networking, software, SaaS, telecommunications and mobile hardware• Achieved multiple brokerage clients from Asia, requests for partnership, and requests for advisory/consulting services -
Patent AttorneyGreer Burns & Crain, Ltd. 2007 - 2008Chicago, Illinois, Us
Rich Lee Skills
Rich Lee Education Details
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Loyola University Chicago School Of LawJuris Doctor (J.D.) -
University Of Illinois Urbana-ChampaignBioengineering
Frequently Asked Questions about Rich Lee
What company does Rich Lee work for?
Rich Lee works for New Era Adr
What is Rich Lee's role at the current company?
Rich Lee's current role is Founder and CEO.
What is Rich Lee's email address?
Rich Lee's email address is rl****@****ics.com
What is Rich Lee's direct phone number?
Rich Lee's direct phone number is +160368*****
What schools did Rich Lee attend?
Rich Lee attended Loyola University Chicago School Of Law, University Of Illinois Urbana-Champaign.
What skills is Rich Lee known for?
Rich Lee has skills like Intellectual Property, Start Ups, Strategy, Patents, Entrepreneurship, Licensing, Business Development, Contract Negotiation, Leadership, Risk Management, Software Licensing, Corporate Law.
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