deep dive
legal tech can be segmented as solving three types of service problems in the united states:
consumerization of once complex services.
for consumerization to occur it is important to understand who uses online legal services
future.
hyper-personalized legal solutions - every American can provide information regarding their financial situation, family structure, and estate planning goals, and have a fine-tuned model generate a fully customized will, trust, and power of attorney documents tailored to their specific needs.
use existing channels for reaching clients:
instant niche service coordination - specialized legal service marketplaces that connect individuals and businesses with lawyer-backed work-product. these marketplaces must have custom workflows underpinning them for near-instant transactions.
think Uber for [insert specific practice area task].
for example:
Each niche consumerized practices is worth $20M - $1B. There are 30-50 practices/tasks that can be productized similarly.
What would interactions look like?
https://www.apriora.ai/ - AI interviewer. AI Lawyer or intake assistant interactions could look similar
Fiverr has licensed attorneys willing to do this work for $30
coordination can occur for same-day if not same-hour legal services for 2x-3x cost. with higher quality lawyers with reviews/social proof
access to fundamental human rights — safety, freedom, housing.
existing legal aid organizations:
total funding for all legal aid orgs in USA is $1.4 billion every year. Including pro-bono work by attorneys, the number rises to $8 billion.
94 legal aid orgs in california — avg. funded $8 million of taxpayer money
agentic legal aid organization.