David Eckstein

Ligora is a truly special company.

We have been able to grow from $1 to $100 million in 18 months, setting a record in terms of execution.

There are 2 billion people around the world that have experimented with AI.

But more importantly, there are over 600 million people on a daily basis that use AI in their workflows, in their workforce, at home.

If you think about the enterprise, over $100 billion exists in the enterprise TAM.

And so Legora focused right here.

The legal software space is a $40 billion opportunity, and it is incredibly siloed.

You have document management systems, you have case law, you have the management of work, you have business law.

And what Legora is doing is providing a centralized operating system for legal services.

Great, that's act one, but that's a $40 billion TAM.

If you think more broadly, though, legal services is a trillion-dollar TAM.

And what we're really doing is helping lawyers do their work more efficiently.

Whether it's big law, so the AM200, or it's corporate law, we are helping them complete their tasks with automation, with expertise.

And so we're turning that associate from the person who is drafting that documentation into the first reviewer.

And that's that $1 trillion TAM that we're going after.

There is no question that if the bar to engage with a lawyer or to engage with legal services were lower, you would ask more questions.

How many times have you come up with a patent idea that you wanted to explore or run a patent check or submit to the patent office?

When faced with the concept that it's going to cost you $10,000, you back away and you no longer pursue that patent idea.

Or unfortunately, you were wronged in some way and you know that you could probably sue someone for the injustice that you were incurred.

If you lower that bar to engage with legal services, that entire pie will expand.