After building his career as an engineer at Facebook and as a venture capitalist at Lightspeed Venture Partners, Jay Madheswaran and his cofounders spotted an opportunity to deploy cutting-edge AI to transform what they saw as an underserved segment of the legal market, launching Eve, an AI platform purpose-built for plaintiffs’ law firms. Eve has quickly gained traction, recently securing a $47 million Series A round led by Andreessen Horowitz, and boasting 800% year-over-year growth.
But what makes Eve’s story particularly interesting is its mission to transform traditional plaintiffs’ firms into what Madheswaran calls "AI-native law firms" – where technology does not just automate tasks but fundamentally changes how legal services are delivered, in part by encoding firms’ unique knowledge and processes into intelligent systems.
In today’s episode, Madheswaran joins host Bob Ambrogi to explain his concept of AI-native law firms and describe how Eve's technology can help firms double or triple their caseloads by automating everything from case-intake analysis to document drafting, all while learning to work in each firm's unique voice and style.
He also discusses the challenges of building trust with lawyers around AI and his vision for increasingly specialized legal services in an AI-powered future.
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