Large Language Models (LLMs) are a breakthrough technology, helping fuel the AI industrial revolution. OpenAI and Anthropic are market leaders, with extraordinary private valuations. The prospect of their respective trillion-dollar public company valuations, should their initial public offerings come to fruition, has drawn attention to LLM economics.LLMs are transforming industries including healthcare and the practice of law. They will also

A legal operations professional requested a demo earlier this year with a note that intrigued me. She said that she was going to “stack” a CLM solution, and she was looking for the workflow portion (which is what my product, Josef, does).When we met, I dug in further, finding that she’d piloted three CLM tools in the preceding year,

At the recent conference of the International Legal Technology Association, the big legal AI vendors CoCounsel, Harvey and Legora had outsized presences, with ginormous booths in the exhibit hall, major-name performers at their parties, and advertising so ubiquitous it even popped up in people’s Uber apps. (See: Have We Reached ‘Peak Legal Tech?’ Sure Felt That Way At ILTACON this