In this episode, we chat with Ab Saraswat about the challenges and opportunities of adopting new technologies, from AI tools to custom versus off-the-shelf solutions, offering actionable insights on navigating these decisions. Ab draws from his extensive experience in legal tech, including his current role at Lupl and his startup journey. Whether you're interested in AI tools like Copilot or broader legal tech trends, this episode offers practical advice and forward-looking ideas.
In this episode, Ab shares insights on how to:
- Leverage AI tools for content generation and data analysis
- Navigate the build versus buy decision in legal technology solutions
- Integrate large language models and AI tools into existing workflows
- Manage bias in AI algorithms
- Effectively use natural language interfaces for improved software adoption
Key takeaways:
- The true cost of custom development in law firms is often underestimated, with long-term support and maintenance requiring significant resources beyond the initial build.
- While many law firms are experimenting with AI, actual widespread adoption is limited, primarily focused on small pilot programs and generative AI tools.
- AI-powered tools like Copilot are still in their early stages, with substantial room for improvement in functionalities like email summarization and natural language processing.
- AI models optimized for specific tasks (e.g., legal reasoning, mathematical problem-solving) provide more accurate results when tailored appropriately, highlighting the importance of selecting the right tools for specific needs.
About the guest, Ab Saraswat:
Abhijat (Ab) Saraswat is the Chief Revenue Officer at Lupl. In his role, he works with law firms to help their lawyers spend less time managing work and more time doing the work. Ab is also the Founder of Fringe Legal, through which, for the last six years, he has created cutting-edge content for legal innovators focused on putting ideas into practice. He is a Barrister (non-practicing) and was called to the Bar of England and Wales in 2015. Abhijat has worked for several large multinational corporations across various sectors and holds a Bachelor's Degree in Forensic Science and Neuroscience from the University of Keele, UK.
“I think it's not just build or buy. It should be built by a partner, and that partner means finding someone who is an expert in this, who does 80% of what you need, and then working with them to provide feedback and input into the roadmap.” – Ab Saraswat
Connect with Ab Saraswat:
Website: https://lupl.com/
Show: Fringe Legal Podcast: https://podcasts.apple.com/us/podcast/fringe-legal/id1454857612
LinkedIn: https://www.linkedin.com/in/asaraswat/
Connect with Ted Theodoropoulos:
Website: https://getinfodash.com/
LinkedIn: https://www.linkedin.com/in/tedtheo
YouTube: https://www.youtube.com/@getinfodash/podcasts
Legal Innovation Spotlight