Insight certainty 4/5 debate potential 2/5

EvenUp CEO: AI-Generated Demand Letters Build a Proprietary Data Moat

Rami Karabibar · State of the Cloud: The Cloud AI Era with Bessemer Venture Partners · Oct 11, 2024 · at 20:06

Rami Karabibar, CEO of EvenUp, explains how processing private legal settlement data allows legal tech applications to build a defensible data moat.

0:00 / 0:20exact quote · 20.8s
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“In our industry in personal injury, the vast majority of these cases are settled privately, where it's very hard to build intuition around what should an injury be worth. So the note that we have that builds up over time is the more of these letters that we write, The better we are at drafting the letter, but more importantly, the better we are at saying for this injury in this jurisdiction, it should be worth this number.”

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More from Rami Karabibar

Disclosure
EvenUp CEO: We Charge Per Legal Letter, Not Per Seat
“Yeah, I'll try to make this quick, but the way when folks think about us, we don't sell software, we sell work. And so if you think about how we're priced, it's based on the legal letters that we write to our customers.”
Rami Karabibar Oct 11, 2024 ▶ 21:06 State of the Cloud: The Cloud AI Era with Bessemer Venture Partners
Assertion Not checkable as stated
EvenUp drafts roughly 1,000 legal demand letters weekly
“We do about a thousand of these letters or 10,000 pages of legal texts that we write every week.”
Rami Karabibar Oct 11, 2024 ▶ 9:08 State of the Cloud: The Cloud AI Era with Bessemer Venture Partners
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