Zack Shapiro
3.3K posts

Zack Shapiro
@zackbshapiro
Managing Partner @rainsllp. AI-Enabled Corporate Lawyer, Head of Policy @bitcoinpolicy, ex-@DavisPolk, @YaleLawSch, @WilliamsCollege





happy friday. we are going to win


Any founders of AI native firms want to chime in here?





Legal tech is having its biggest funding year on record, and almost none of it is aimed at the lawyers who need leverage the most. Look at where the money went. Legora at $5.55 billion and Harvey at $11 billion are enterprise plays built for large firms and corporate legal departments. The capital concentrates at the top of the market because that's where the seat licenses and the expansion revenue are. The solo and small-firm segment, which is most of the profession by headcount, is an afterthought in the largest legal tech boom in history. The tools that reach it tend to be the enterprise products' scaled-down tiers, priced and designed for someone else's workflow. If you're a small-firm litigator waiting for a tool built for you, understand that the funding model isn't pointed in your direction. The good news is you can adapt the general-purpose tools yourself. Nobody is coming to do it for you. Except maybe @willchen500. What's up buddy!
















