Pearls On, Gloves Off

#68 - Law Firms Enter The AI Arms Race

15 snips
May 13, 2025
Max Junestrand, CEO of Legora, shares insights on the rapid evolution of legal tech as his startup surged from three founders to nearly 90 employees in two years. He discusses the AI arms race in the legal industry, emphasizing the shift from initial adoption to scaling operations. Junestrand also addresses the concerns around the potential reduction of junior lawyer roles due to AI, while highlighting the importance of trust in tech teams over the tools themselves. He predicts that seamless integration of AI will be crucial for future success in law firms.
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ANECDOTE

Legora's Meteoric Rise

  • Max Junestrand started Legora with two co-founders in a small room in Stockholm less than two years ago.
  • The team has grown rapidly to nearly 90 employees, marking a meteoric rise in the legal AI space.
INSIGHT

From Experimentation to ROI

  • The year 2024 saw legal firms experimenting heavily with AI pilots.
  • In 2025, focus shifts to measurable ROI and full-scale AI implementations.
ADVICE

Train Lawyers with Specific Use Cases

  • Train lawyers on specific AI use cases by providing examples and dedicated sessions.
  • Provide use case libraries tailored to different legal areas to help lawyers build familiarity.
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