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Legal Speak is a weekly podcast that makes sense of what's happening in the legal industry. Each episode tackles a subject that's worthy of a deep dive—from law firm profit hacks to Supreme Court showdowns to the most promising plays in legal tech. Hosted by Senior Litigation Reporter of the Daily Report Cedra Mayfield and Senior Staff Writer for the American Lawyer Patrick Smith, Legal Speak offers straight talk from experts, plus an inside-the-newsroom perspective on market-shaping stories.

May 25, 2018

Not long ago, the idea of a self-executing contract enshrined in computer code sounded like science fiction. But with the rise of blockchain technology, so-called smart contracts are starting to enter the mainstream. While some lawyers are wary, others are building frameworks that would allow practitioners to more easily work with smart contracts. On this week’s episode, reporter Ben Hancock explores the basics of smart contract technology, its limitations and what adoption means for transactional lawyers.