
← Zach Abramowitz is Legally Disrupted19 Aug · 55 min
E58 - Zach and Richard’s Excellent Legal AI Adventure: Will Legal AI Cause Legal to Actually Change?
Richard Tromans of Artificial Lawyer is back with Zach and on the attack as they square up over whether massive Legal AI funding, truly signals systemic transformation. They then discuss whether these massive sums of money are hitting a tipping point and what could happen if the levee breaks. Maybe the legal industry is simply running in place.
In this Episode:
00:00 Zach’s Hot Disruptive Legal Take00:42 Could Harvey be Valued at $16B?01:50 Legal AI Fatigue03:20 Harvey, Legora and The Big Short?08:46 Legal AI a Luxury Handbag Market?10:31 AI Wizards and Muggles in Big Law 13:35 The Seeds of Systemic AI Impact21:36 Valuations Signal Technology is Essential In Legal Service Delivery23:02 Jevons Paradox and the Volume of Modern Contracts30:08 AI Still Needs Daycare36:48 “New Mod” and “AI First” Firms are Pressuring Big Law44:18 Is the Market Wrong on TR/Lexis49:48 Are Chief AI Officers CINOs Differently Packaged?
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