Jake Heller (Co-founder & CEO of Casetext)
Episode description
In this episode of the Slow Hunch, I spoke with Jake Heller, co-founder and CEO of Casetext, a legal tech startup that pioneered the use of large language models in the legal industry.
Jake and his co-founders built Casetext over a decade — going through multiple pivots before eventually finding PMF as an AI tool that helped lawyers do better and faster legal research. In 2023, Casetext was acquired by Thomson Reuters for $650 million.
In this conversation, Jake recounted how an early relationship with the research team at OpenAI got them access to GPT-4 (before the launch of ChatGPT!) and how they decided to hard pivot over the course of just two weeks.
As a former lawyer himself, Jake has a unique take on the challenges of building and selling cutting-edge software in an industry that has traditionally been a late adopter of tech.
This was a really fun conversation (you can probably tell because it’s longer than our usual episodes).
Hope you enjoy!
Chapters
- 00:00:00 Cold open
- 00:06:15 How Jake found himself in legal tech
- 00:10:07 Building Casetext
- 00:28:41 Getting early access to GPT-4
- 00:38:21 The AI pivot
- 00:46:38 Convincing the team
- 00:57:03 Engineering solutions to improve real-world performance
- 01:07:06 Jake’s thoughts on the future of the legal industry
- 01:14:29 Closing thoughts