Hey Rajan, Good one. What's the source for Legal services are $400 billion & what does this represent. Their spend on software or it is based on potential business outcomes, other?
Hi Thiyagarajan! Vertical AI is the biggest opportunity to build in. I believe that there are opportunities to build for LegalTech and Fintech. The three big opportunities I see for LegalTech are AI-Native Law Firms, Domain-specific AI Agents and Cybersecurity solutions for law firms. I've written a short post on this. Would love to get your thoughts on this as an investor who is bullish on this space!
Hey Rajan, Good one. What's the source for Legal services are $400 billion & what does this represent. Their spend on software or it is based on potential business outcomes, other?
Hi Thiyagarajan! Vertical AI is the biggest opportunity to build in. I believe that there are opportunities to build for LegalTech and Fintech. The three big opportunities I see for LegalTech are AI-Native Law Firms, Domain-specific AI Agents and Cybersecurity solutions for law firms. I've written a short post on this. Would love to get your thoughts on this as an investor who is bullish on this space!
https://open.substack.com/pub/harshithviswanath/p/three-legaltech-whitespace-plays?utm_source=share&utm_medium=android&r=4y4gfu