New Law Order · John Nay & Mike Schmidtberger (Norm Ai): Venture-Backed BigLaw
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sell AI services directly to corporate clients while also providing the service through their own law-firm affiliate, making the firm the exclusive law-firm partner
“You can't be a non-lawyer and own law firm, but through the MSO system, that's the, that's the workaround”
“Sarah came from the law firm that is Bayer's main law firm. And she wrote an opinion saying that the Supreme Court should take the case and give liability protection to Bayer”
“We make money through charging businesses for the service we provide.”
“Right now we have 87 percent of firms bill by the hour, which means a lot of law firms are going to have to probably move to a subscription model, fixed price model, or some kind of hybrid model for pricing”
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