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Don't sell diligence tools to firms already building them internally
◆ 45RelevanceOn a story from OpenAI14h ago
Major law firms are moving from purchasing legal-tech software to building custom solutions directly on LLM APIs. This raises the bar for startups; if your product only automates document review, you are now competing with your customers' internal engineering teams.
Takeaways
- Big Law is using OpenAI APIs to build proprietary transactional diligence tools.
- Basic document review is becoming a commodity internal capability for large firms.
- Startups must offer deeper workflow integration to beat "good enough" internal builds.
Read the original at openai.com
How Ropes & Gray is developing AI for transactional diligence
fmode.me/n/how-ropes-gray-is-developing-ai-for-transactional-diligence
Written by Founder Mode using gemini-3-flash-preview, from the publisher's own summary. We link the original rather than reproduce it — the reporting belongs to OpenAI.
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