Here’s my post for Above the law on the troubling disconnect in legal tech identified by Hwang Jae Hyuk: 70% of investment flows to vendors targeting the 40% of time lawyers spend on research and analysis, while only 30% goes toward solving the administrative burdens that actually eat up most of our days.
It’s a bit ironic since GenAI struggles with the complex legal work it’s being funded to handle, but actually excels at the boring back-office tasks that get overlooked by investors chasing shiny objects. I guess billing software just isn’t as sexy as AI that hallucinates case law.