Gabe Pereira
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think when most people think of law, they think of consumer law.
And so I need to review a lease or, you know, I need to kind of look at one document and the models are obviously great at that.
And I think to a large extent, the base models can do that.
And then there's kind of corporate legal work and particularly big law, which is the massive law firms.
And you can think of the work they're doing is the highly specialized legal work where you need these incredibly talented, very specialized partners
And I think kind of the two best examples of this are you're doing a massive merger, right?
Or an acquisition.
You want to go buy a company for $10 billion, $50 billion.
Like you need the highest tier partner to advise you how to structure that transaction.
Or you're doing about the company litigation, right?
Like a big antitrust or something like this.
The way that I would think of the workflows of all these firms is these projects take thousands.
They can take tens of thousands of hours, teams of associates.
The big challenge is, for example, when you're going to buy a company, you need to go understand all of the contracts in that company, all of the things that are going to happen when those contracts change because of the
merger or the acquisition, all of the legislation around it.
And then there is also all of the negotiation dynamics, right?
It's a semi-adversarial or it could be an adversarial process, same on litigation.
And so to your earlier point of, I think when
Language models came out.
Legal was kind of this great application where typically your workflows as an associate is you're getting emails from senior associates or partners, and they're just giving you tons of tasks.