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Y Combinator Startup Podcast

AI and the Future of Law: The 10 Year "Overnight" Success Story | Main Function

Dec 28, 2023
17:29
Snipd AI
Jake Heller, co-founder of Casetext, shares the 10-year journey of their 'overnight' success story in the legal industry. The podcast covers challenges in integrating technology, using AI to catch fraud, power of magic demos, and the potential of AI in revolutionizing the legal profession.
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Podcast summary created with Snipd AI

Quick takeaways

  • Casetext evolved from a crowdsourced law library to an AI-powered platform that revolutionizes the legal profession by reducing weeks of work into minutes.
  • The success of Casetext is attributed to the development of their mega product, co-counsel, using large language models like GPT3 and GPT4, showcasing the immense potential of AI in various industries.

Deep dives

Building a Legal Tech Solution

Jake Heller co-founded Case Text, a legal tech company that uses AI to reduce weeks of legal work into minutes. Recognizing the need for technology in the legal profession, Jake embarked on a journey to create a platform that provides lawyers with the best access to modern technology. Case Text started as a crowdsourced case law library and evolved to incorporate early versions of natural language processing. After a decade of iterations and some missteps, they achieved product-market fit with their breakthrough product, co-counsel.

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