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cover of episode Ep 67: Max Junestrand (CEO, Legora) on Differentiating and Pricing AI Apps & How the Legal Industry Will Evolve

Ep 67: Max Junestrand (CEO, Legora) on Differentiating and Pricing AI Apps & How the Legal Industry Will Evolve

2025/5/27
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Unsupervised Learning
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Max Junestrand: 我认为AI技术在法律领域的应用已经取得了显著进展。最初，我们使用的早期BERT模型在英语表现尚可，但在瑞典语中效果很差。GPT-3.5的出现是一个重要的转折点，它标志着AI在法律领域应用的一个新范式。现在，我们已经能够实现端到端的工作流程，例如在尽职调查中自动生成报告。通过赋予AI代理访问各种工具的权限，使其能够规划和执行任务，我们可以提供真正可用的工作成果。法律软件领域一直非常分散，但现在AI正在将这些工具整合在一起，为法律专业人士提供更全面的解决方案。我认为，法律专业人士需要明确他们在哪里能够增加价值，以及在哪些方面可以使用现成的LLM。同时，律师事务所需要积极采用AI技术，否则可能会面临无法提升团队技能和客户施加的压力。我们Legora的目标是服务于每一位认真对待工作并希望通过AI提高效率的律师。我认为，在本地市场服务企业客户使Legora在进入新市场时已经做好了企业级准备，并且律师事务所联系紧密，通过与一些事务所合作，Legora获得了很好的推荐。总的来说，我认为AI技术正在深刻地改变法律领域，为律师事务所和法律专业人士带来了巨大的机遇和挑战。

Deep Dive

Chapters
This chapter explores the current state of AI in law, highlighting its transition from experimentation to practical implementation in tasks like due diligence. It discusses the evolving role of AI in legal processes and the future potential of AI in the legal field, focusing on the increasing sophistication of models and the integration of various legal tools.
  • AI's shift from experimentation to end-to-end work deliverables
  • Use of AI in due diligence processes
  • Integration of various legal tools
  • Future potential of AI in automating complex legal tasks

Shownotes Transcript

Jacob and Logan sit down with Max Junestrand, founder and CEO of Legora - a rapidly growing legal AI platform (and Redpoint portfolio company). After announcing their Series B last week, Max joined the show to discuss why law is uniquely suited for AI, what it takes to scale an enterprise-ready product across global markets, and a few crazy moments from Legora’s journey so far. They dig into product strategy, lessons on evolving alongside foundational models, and how AI is reshaping the future of law firms. Whether you're building in AI or just curious how it’s being applied in complex industries, this one’s packed with practical insights.

 

(0:00) Intro

(1:30) The Evolution of AI in Law

(2:43) AI's Impact on Legal Processes

(8:28) Advantages Over Other Players in the AI Law Space

(12:19) Challenges in Educating Users

(17:28) The Hardest Part of Building Legora

(18:46) Pricing Models and Cost Management

(25:42) YC Experience and Commercial Focus

(28:11) Being Patient When Releasing Products

(30:58) Maintaining a Fast-Paced Work Culture

(33:24) Rapid Growth and Market Penetration

(36:59) Quickfire

 

With your co-hosts: 

@jacobeffron 

  • Partner at Redpoint, Former PM Flatiron Health

 

@patrickachase 

  • Partner at Redpoint, Former ML Engineer LinkedIn

 

@ericabrescia 

  • Former COO Github, Founder Bitnami (acq’d by VMWare)

 

@jordan_segall 

  • Partner at Redpoint