Is AI a Bubble? The Future of Legal Research & Hallucination Checkers (feat. Steve Tover)

Dec 11, 2025

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Welcome back to Legal Late Night! In this episode, host Jared Correia explores the dark storytelling of 1970s folk music, the cutting edge of AI legal research, and the ultimate battle of the "Steves."

First, Jared debuts a new segment: Artist Profiles. He dives deep into the discography of Harry Chapin, the "Geoffrey Chaucer of 70s pop." Jared analyzes Chapin's "story songs" like Cat's in the Cradle and Taxi, and makes a case for why the 12-minute epic Sniper (about the 1966 UT Austin shooting) is his masterpiece.

Then, we are joined by Steve Tover, CEO of LexSphere and AnyLaw. Steve breaks down the massive consolidation in the legal research market (Fastcase, vLex, Clio) and what it means for small firms. He discusses the rise of AI-enabled legal research, why current AI is the "worst we will ever see," and how new hallucination checkers are essential for lawyers. He also answers the burning question: Is AI a bubble?

Finally, stick around for the Counter Program: "Too Many Steves." Jared forces Steve to choose between famous pairs of Steves, from Steve Jobs vs. Wozniak to Steve Martin vs. Stevie Nicks.

Learn more about Steve Tover at Lexsphere.com.

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(00:00) - Intro & New Segment: Artist Profiles
(00:22) - Chapter 2
(01:06) - Harry Chapin: The "Lost" Legend of the 1970s
(03:05) - Chapin's "Story Songs": Cat's in the Cradle & Taxi
(07:09) - The Deep Cuts: WOLD, Sniper, and 30,000 Pounds of Bananas
(13:52) - The Real Story Behind Sniper (Charles Whitman)
(18:01) - Introducing Guest: Steve Tover (LexSphere & AnyLaw)
(19:19) - What is LexSphere? (Data for AI Companies)
(21:47) - Market Consolidation: vLex, Fastcase, and Clio
(23:19) - AI Summaries, Holdings, and the "AI Shepardizer"
(28:23) - Will AI Replace Associates? (The Hallucination Problem)
(37:02) - The "Hallucination Checker": Validating AI Citations
(39:41) - Will Consumers Use AI Instead of Lawyers?
(42:08) - Is AI a Tech Bubble? (Valuations vs. Utility)
(44:32) - Advice for Law Students: "Be the Early Adopter"
(47:22) - Counter Program: "Too Many Steves"
(49:27) - Steve Jobs vs. Steve Wozniak
(49:53) - Steve Martin vs. Stevie Nicks
(51:29) - Steve Irwin vs. Steve McQueen
(52:38) - Steve Nash vs. Stevie Wonder
(54:21) - Steve Carell vs. Steve Aoki
(56:12) - Conclusion & Outro

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