Daniel Di Maria discusses his journey from practicing law to co-founding legal tech companies Rally and Spellbook. Spellbook leverages AI to help lawyers draft and review documents in Microsoft Word. It can summarize documents, generate new provisions, mark up contracts to benefit a client's interests, and more. Spellbook recently raised significant funding and is rebranding from Rally to focus on this new AI product.
Di Maria explains how Spellbook uses multiple large language models from companies like OpenAI and Anthropic. It processes documents securely to protect attorney-client privilege. While this means Spellbook can't train on client data, it still learns from user interactions. Di Maria believes AI will transform legal work but not replace lawyers, who will focus more on strategy while AI handles repetitive tasks. He sees the potential for AI to make way for law firm billing innovations like using subscriptions.
Looking ahead, Spellbook plans major updates focused on generating even higher-quality legal work. Di Maria is excited about the product's potential to improve lawyers' daily experience. He encourages lawyers to try Spellbook and see AI applied specifically to legal work.
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(53) Generative AI for Lawyers First Mover Advantage with Daniel Di Maria of Spellbook and Rally