Could not be more stoked to have my powerhouse interview with Esha Chhabra for Forbes (yes that Forbes) hit the presses smack in the middle of one of the biggest weeks in Legal AI- International Legal Technology Association (ILTA)
And what a week to talk about $2+ BILLION being dumped into Legal AI in just six months- looking at the massive city block size booths HarveyLegora have and the bilboards. From broadway to baggage claim the funding is obvi!
We went deep on the rapidly expanding addressable market for legal services, what billions in investment actually means beyond the increasingly bonkers valuations, and where the humans fit in the swirling vortex of AI and private-equity-enabled chaos.
Because the most interesting part of this moment isn’t whether AI can do more legal work.
Obviously it can.
It’s what happens when the cost of doing that work collapses and suddenly legal services become economically viable for millions of people and small businesses that have historically been priced out.
That is a fundamentally different market.
And it doesn’t make lawyers irrelevant. It makes the thing machines can’t commoditize increasingly important: judgment.
AI can execute. Humans still have to understand the stakes, contextualize the answer and decide what the hell to do with it.
Or, as I told Forbes:
“Robots don’t have a Bar card.”
$2+ billion. A rapidly expanding market. Some truly bananas valuations. And an industry being rewritten in real time.
What a freaking AWESOME time to be in Legal AI.