Harvey co-founder Gabe Pereyra discusses total addressable market sizing for legal tech and cross-functional professional services platforms.
Prediction Not checkable as stated
Pereyra: AI models won't change senior partner or senior engineer roles anytime soon
“When we think of the best partners we've worked with, I don't think the models are doing what they do anytime soon. And I think what's interesting is I think the role of law firm partners actually doesn't change that much in the same way. I don't think the rol…”
Prediction Not checkable as stated
Pereyra: Law firms will 10x in size again due to AI
“Law firms have like 10 X in size compared to before computers and the internet. And I think that's going to happen again, but in like maybe a different way than the past 20 years.”
Insight
Pereyra: Real software engineering lacks objective unit-test verifiability at scale
“I think you actually have the same problem in programming, where I think in the short term programming is verifiable, where you can look at unit tests, but once you get into real software engineering, like the unit, there is no unit test. It's like I deployed …”
Assertion Supported
Pereyra: Law firms are acting as Harvey implementation partners for clients
“Law firms are starting to do this for their in-house clients. So they're starting to go and take Harvey and go to their clients and say, Hey, buy Harvey and we'll help you build all the workflows and implement it because we have the scale and the expertise to …”
Insight
Pereyra: Building a tech-enabled law firm requires running two incompatible companies
“The big challenge that they ran into was, you're essentially just building two different companies, right? You're building a law firm, And you're building a tech company, and it's already really hard to, like, build product engineering, do AI, scale sales, and…”
Insight
Pereyra: 20% faster coding does not produce products 20% faster
“Making someone program 20% faster doesn't make you build a product 20% faster. And so starting to think about, like, what is the broader infrastructure you need so these companies can develop software and product faster?”