Gabe Pereira

this is like the underpinning of our entire society.

And it's just like, does anyone understand the entire legal system and all the implications well enough that if you just automated this whole thing in the next two years, we'd be like, that's going to go well?

It's like, it's just too complicated.

And so to your point,

Will NDAs be fully automated in a year or two?

Definitely.

Will merger agreements for multi-billion dollar mergers?

I would be skeptical of that.

And I think that's also the hard part of legal is there's just such a massive spectrum, right?

And that's a lot of what we're helping

law firms and enterprises figure out where it's like you want to roll this out slowly you want to start using it on the low risk use cases so you can build this mental model you want to find pieces of the higher risk that you can take out but it's not this super intuitive just like here's a bunch of legal agents all your problems are solved like it's the same way if you hired a thousand lawyers and you'd never run a law firm you're like i don't know how to manage them and i think that's the big challenge everyone's facing

That's one of the biggest values that I think people underappreciate of law firm partners.

It's like at the end of the day when you're doing one of these litigations or one of these mergers, there is like a single human being that has spent the past 20 years of their life doing all these similar transactions and being held accountable to that.

And they're willing to bet their entire career that they're going to do that correctly.

And it's like that is a level of trust that I think we will get there with these systems, right?

It's like

The stock market runs on like an automated financial system that like we now all trust.

And so there's ways to get there.

I just think there are a lot of problems we need to figure out to get there.

To clarify the last point, I think most law firms and in-house legal teams now think this is going to change the industry a lot.