Preston Clark // 🏃♂️ #SimpleAI @SmplDocs
@PrestonJClark
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AI-powered contracts @smpldocs. Creator of @lawinsider. 3x founder, 1x attorney. #SimpleAI
Miami, FL
Joined October 2009
I’m biased but the Harvey fundraising is unlike anything we’ve seen in LegalTech and reminds me of Uber/Lyft winner take all dynamics that drove massive outside investment — except unlike ride share I don’t think this is a winner take all market. Thoughts anyone?
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We very quietly acquire ~10 new customers a day converting our legacy audience into power users of our browser based AI Assistant that sits on top of the @lawinsider database.
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“AI doesn’t count if the revenue doesn’t grow. Show me the money.” @jasonlk
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It’s hard to bend down when you’re big. But also this feels existential to the legacy CLM industry. Don’t the big players have to win in this new contract review category or risk losing their customers? 🤔
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Why did Legal Dive fail right at the start of the legal AI boom? @LegalDive
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“Essentially: too many are interested in “tech” (by which they mean money) but they aren’t interested in tech (by which I mean math).” @balajis
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👌
Despite some of the popular fears that all AI agent use-cases could get sucked into a single platform, I'd argue the other side of this for the enterprise. AI agents, possibly more than any prior era of tech, need to have a relatively high degree of specialization per domain or
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All time greatest interview question: ======= Tell me about something you’ve mastered, and how you mastered it. =======
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Most fascinating parts of Max’s interview with @HarryStebbings -Despite forward deploying lawyers into law firms as part of implementation, Harvey’s product isn’t difficult for Legora to rip and replace. -Unless I misunderstood, Legora is adding a $1M a week in ARR
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Listening to this @20vcFund thinking… Legora CEO is very smart. Spellbook CEO is very smart. Harvey CEO is very smart. I don’t think the smartest entered the legal tech market before now— before Legal AI. The bar is just way higher now. I love it.
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Robin really coming for that Ivo rebrand.
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Imagine a job post like this but for a junior transactional attorney
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At some point, we all just get measured on how effectively and efficiently we’re selling the damn product. Happy end of quarter / closing day for all those who celebrate.
you’re starting to see this in the current cohort of entrants to the valley. when all status & relationship are digital mediated, appearance and substance decohere aggressively; the nice car, the funding round, having a product, is only useful insofar as you can post about it.
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Congrats OKC. Now bring back the #Sonics.
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Or maybe legacy CLM is actually too expensive. 🤷
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