Max (Max from Legora)
speaker
139 appearances
1 recordings
1 series
first heard Jul 2026
last heard 13 Jul
Max (Max from Legora)’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
And what I think is interesting by that is
it starts to break this model where you charge out associates for very high hourly rates and you have a billable hour model.
And actually, if you look in law firms, the way that that business model works is you overcharge for the associates and you actually undercharge for the partners.
Well, you know, Kirkland can go up to 4000 an hour.
But the thing is, when a Kirkland, so let's say, you know, 30 minutes of a Kirkland partner's time when it really matters can be worth a lot more than that.
Like a lot more than that.
If it's bet the company litigation or you avoid a pitfall that would have costed the company tens of millions of dollars.
Right, exactly.
But the only way they know how to price that is to overcharge for the associates.
But as you're saying, the enterprises are looking at this and they're going, huh, we're spending a lot of dollars on legal services.
Let's take this in-house.
Oh, really?
Absolutely.
I mean, we're doing this partly at Legora.
We acquired four businesses so far this year.
We did the diligence in-house with our own tool.
And the fastest transaction we did was 12 days from LOI to closing.
Which means to drag it out.
Yeah, and so I think a lot of law firms are also experimenting with different pricing models where you do a fixed fee for a transaction or for a fundraise.
In litigation, you can take a part of the success fee when you win the deal or win the case.
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