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Legal Tech StartUp Focus Podcast

Welcome to the Legal Tech StartUp Focus podcast from your podcast host, Charlie Uniman. 

On this podcast, I'll be interviewing the people who build, invest in, comment on and use the apps made by LegalTech startups.

My guests and I will be discussing many different startup-related topics, covering, among other things, startup management and startup life, startup investing, pricing and revenue models and the factors that affect how users decide to purchase legal tech.

We’re not going to focus on legal tech per se - instead, we’ll be focusing on the startups that develop, market and sell that tech.

So, whether you’re a startup founder or investor, a lawyer or other legal professional or a law professor, law student or commentator who thinks about legal tech startups — sit back, listen and learn from my guests about just what it takes for legal tech startups to succeed.

And if you’re interested in legal tech startups and enjoyed this podcast, please become a member of Legal Tech StartUp Focus, free online that I mentioned at the outset of this introduction, by signing up at www.legaltechstartupfocus.com.

  1. All Episodes
  2. Episode 57 of the Legal Tech StartUp Focus Podcast -- An interview with Tanguy Chau, co-founder & CEO of Paxton and Michael Ulin, co-founder and CTO of Paxton

Episode 57 of the Legal Tech StartUp Focus Podcast -- An interview with Tanguy Chau, co-founder & CEO of Paxton and Michael Ulin, co-founder and CTO of Paxton

Mar 14, 2024

  • Tanguy's and Mike's Respective Backgrounds and Path into Legal Tech:
  • Tanguy is an engineer with advanced degrees (including an MBA) from MIT and experience in venture capital, notably early-stage investing in legal tech startups (one of such startups being Ironclad)
  • Mike has a background that includes working at the Federal Reserve, McKinsey, and co-founding a company that applied AI in the insurance space. Mike’s experience with AI and legal/regulatory challenges contributed to starting Paxton.
  • Paxton's Recent Award: Celebrated being one of the winners at the 2024 ABA Tech Show Startup Alley
  • Paxton's Technology and Approach:
  • Focuses on developing industry-specific, application-specific, and firm-specific legal language models for greater accuracy, response speed, and security.
  • The data for model training includes public domain legal documents, emphasizing legal-specific training over general-purpose models.
  • Paxton enables customization for firms by allowing connections to internal knowledge sources without training the model on client-specific data unless requested.
  • Applications of Paxton:
  1. Legal Research: Provides access to laws, regulations, and court rulings across all states and federal levels.
  2. Document Drafting: Uses a vast corpus of legal documents to assist in drafting accurate first drafts of legal documents.
  3. Document Analysis: Offers document analysis and Q&A capabilities for large volumes of documents, ensuring data privacy and governance for firms.
  • Use Case for Training Young Lawyers: Paxton aids in training younger lawyers by allowing them to ask questions and practice without fear of judgment, enhancing their learning and confidence.
  • Future Roadmap: Paxton plans to develop more advanced language models, connect to more data sources, and execute multi-step workflows for synthesized answers from various data sources.
  • Advice for Legal Tech Startups: Tanguy and Mike emphasize the importance of being customer-centric, seeking feedback, and iterating based on user input to improve and refine the product.