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Back to Why AI Could Turn Small Law Firms Into Billion-Dollar Businesses, with Alex Rampell & Jay Madheswaran.

How Many Clients Can One Lawyer Handle With Eve?

Jay Madheswaran says one firm in LA used Eve to go from managing about 100 clients per attorney to 500. Using Eve makes the firm a lot more money, because Eve is built to handle a plaintiff case end to end and take the labor constraint off each lawyer.

Plaintiff law historically needed little more than a cell phone and an email address. No software had solved the core problem, which is labor. People cannot pay $500 or $600 an hour on a blank check for however long the case might take. Most people think of AI as a way to fire everybody and cut costs. Eve is aimed at that labor limit, so the same attorneys can carry the larger caseload and the firm earns more.

The LA firm shows what changes when the software covers the work end to end: about 500 clients per attorney, up from about 100, with the gain showing up as more money for the firm.

Transcript

Why AI Could Turn Small Law Firms Into Billion-Dollar Businesses ·

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More from this episode

  1. How Does Eve Help Law Firms Take More Cases?Jay Madheswaran says Eve helps a law firm take more cases by handling the work behind every call, which is what now limits growth.
  2. Can One Attorney Manage 500 Clients?Jay Madheswaran says one firm in LA went from managing about 100 clients per attorney to 500, and that kind of jump is possible.
  3. Does Eve Train on a Law Firm's Cases?Jay Madheswaran says Eve never trains on a law firm's own case data.
  4. How Much of Legal Representation Is AI?Jay Madheswaran’s framework is that an individual still needs representation, and the work on that representation is 99% AI, maybe 99.9% AI.
  5. Will Every Legal Case Go to Court?Jay Madheswaran says not every legal case will go to court.
  6. Can AI Turn a Small Law Firm Into a Billion-dollar Business?Alex Rampell says a small law firm powered by Eve could become a billion-dollar revenue business.
  7. How Does Eve Answer Discovery Dumped Before a Holiday?Jay Madheswaran says one law firm built an agent on Eve that sends discovery responses the same day a defense team tries to bury them before a holiday.

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