In short: Not owned; in the most-exposed bucket: "Templates are exposed. Execution and judgment remain." Entity formation, standard contracts, wills and compliance reminders are structured enough for agents to absorb the explanation and document assembly, and AI already summarizes contracts and flags red flags, so "any type of software that you sell to do that is going to be pressured."
LegalZoom sells standard legal paperwork — forming a company, simple contracts, wills. Those are templates, and AI can already fill them in and explain them. What stays valuable is real legal judgment, which is not what a template service sells. So he puts it among the most exposed.
24:56as well. Now again these don't happen overnight but the technology is progressing dramatically. We have other companies ones like Legal Zoom. Templates are exposed. Execution and judgment remain. Entity formation, standard contracts, wills, and compliance reminders are structured enough for agents to absorb much of the explanation and document assembly.
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