some thoughts on kirkland building its own harvey
1) kirkland is spending $500m over four years in order to build its own internal ai legal tools; kirkland intends to spend $100m this year
2) i suspect that kirkland is doing this because they have told themselves that they have valuable data and because they want to appear differentiated
3) i think the first issue is that kirkland probably does not have differentiated data from other elite law firms; at least, not at the level a harvey would absorb
4) all the elite firms probably have similar internal workflow data and so long as some of them defect, that is enough to commoditize the data kirkland wants to use for its platform
5) and, to the extent that they do have different internal workflows, harvey and legora will end up representing a better version of them and this will put kirkland at a disadvantage
6) moreover, companies like kirkland will have difficulty building their internal legal platforms because they do not have experience with software development
7) and, there are both cultural and structural issues with them managing software developers, like they cannot give non-lawyers equity in the firm due to regulation
8) so, i think firms like kirkland are better off using tools like harvey and legora and then looking to focus on where their value really is now: client relationships, local knowledge (litigation, regulation) and legal r&d (novel structures, etc...)
9) anyway, this seems to me like a phenomenon that ai creates across a lot of industries, where firms that were previously vertically integrated become unbundled due to ai because part of the intelligence gets moved to the labs or otherwise gets commoditized
10) and so, a new set of companies are created whose job it is in order to provide services complementary to the labs: forward deployed like harvey and legora and data providers like mercor, surge and handshake
@neuralunlock Euro maxxing to the core lmao
Then there's, "john visited the hacker house & thought the vibes were good & liked our beer selection. He wants to write a check"
only people talking about NY > SF are people from SF that are culture larping
Vice versa except for productivity.
If you're doing something cool then it doesn't matter choose the city based on what you're doing that's important & the network effects there
New York City, we have no excuse to be bored this summer. The map at https://t.co/Wt1RgEfgey is full of free and affordable stuff to do -- sports, music, arts, movies, video games and more -- in every borough.
The city is your backyard. Get out there and enjoy it.
This comes from a deep fear of inadequacy and incompetence. Founders that live in the office / don’t rest do it to appear competent and in control to their new grad employees. Please take care of yourself, and if you have to work 7 days a week, go for a walk & get 8 hours of sleep. These types of people fail to understand that they’re operating on 50% capacity for 7 days a week, when they should be at 100% capacity for 6