Enrico Schaefer breaks down the legal AI tool market, explaining that most platforms marketed to law firms are just ChatGPT, Claude, or Perplexity with predefined workflows added on top. Using the base models directly usually works better. OpenAI's new agents platform will likely disrupt these third-party tools soon.
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I get it. You're a lawyer, a law firm. You need to know what are these AI tools that you should be integrating into your law firm. There's literally thousands of companies that are specific to legal that are launching AI tools, apps, different solutions for plaintiffs' lawyers, for litigators, for contract drafting, et cetera. And so the question is, Which ones should you be using in your law firm? Go ahead and subscribe right now and like this video, because I'm going to be talking a lot about this in the coming days. And I think you're going to be extremely surprised by the response. Got a call today from an attorney friend. They've got a PI firm. They are demoing these various PI-specific AI solutions. And he was so excited to tell me about the functionality, the things that can be done. With the platform that, that was demoed. And as he described it, he described it by things like medical summaries. It does medical summaries. It does medical summaries so well. And so it's got a section that does medical summaries. It does client intake, does client intake so well. And they got a section of the platform for client intake. That's great. And if you are going to get into any of these tools, my basic view is this. Are you ready? So again, lots of content coming up on this issue, so you're going to want to, you're going to want to hit the like button. None of these tools do anything more than ChatGPT or Perplexity or Claude. In fact, they are all built on top of the API for these foundational models. The difference is that the platforms do provide some value in that they are adding different workflows on top of the base model. Now you can build those exact same workflows directly in ChatGPT, but are you going to be able to get your workers to do that? Are you going to be able to get your employees to do that? Maybe not in the short term. Maybe not. So maybe using some of these tools makes sense because the workflow is defined for them. However, you're not going to get as good of results as if you went straight to ChatGPT. Now, OpenAI just announced, and so this is going to be big in the coming weeks, we're going to talk a ton about it, just announced they have got a new platform for agents and a new platform for apps. And there are some crazy things that you are going to need to know about how these things are going to work and the impact that they are going to have on these third-party tools. So share with a friend if you If you have someone you like in the legal profession, tell them about this channel because they're going to need it in order to survive.