Traditional Law Firms Are Built for Partners, Not Clients
jkubicki · x · 2026-08-29
This discussion highlights that traditional law firms are primarily built for equity partners, not clients. The entire model is designed to protect and increase PPEP (Profit Per Equity Partner), with rate hikes based on firm needs rather than market rates. It references Norm Ai, which has secured investment and legal work from giant asset managers, suggesting AI legal tech may dent Big Law's market share.
More from Venture
- Game studios can sell privately hosted realistic games to AI labs as training environments — dejavucoder · 2026-10-15
- NYC invests $30M in NYU quantum lab for 15% revenue share and board seats — TuhinChakr · 2026-10-15
- SK Hynix drops 11% again, now below 3x FY2027 earnings as AI memory selloff deepens — JOBhakdi · 2026-10-15
- VC thesis 'Data at the Edge': cheap sensors plus AI are rebuilding the internet's data flywheel offline — rebeccakaden · 2026-10-15
- DeepVest launches PlanLab, linking 11 financial planning areas in one dynamic plan — PtrPomorski · 2026-10-15
- Want ChatGPT to mention you? Founders are hacking Reddit to get into AI answers — tibo_maker · 2026-10-15