Business models

How Crosby is Building an AI Law Firm on Deal Velocity not Billable Hours

How Crosby is Building an AI Law Firm on Deal Velocity not Billable Hours

Ryan Daniels and John Sarihan of Crosby discuss their innovative approach of building an AI-first law firm instead of a traditional legal software company. They detail how integrating lawyers and AI engineers creates a unique feedback loop for automating contract negotiations, moving from billable hours to per-document pricing to achieve deal velocity, and their vision for AI agents that can simulate entire negotiations.

When AI Eats the Bottom Rung of the Career Ladder

When AI Eats the Bottom Rung of the Career Ladder

Ben Lorica and Evangelos Simoudis analyze three pivotal AI trends: the "Great Hollowing Out" of entry-level jobs, the financial disconnect between AI hardware depreciation and its useful life, and OpenAI's strategic shift to router-based models in the quest for a sustainable business model.