“In contrast, #Mike is #OpenSource #software meaning it is free to download and customise. It also means that using the software carries #security and #liability #risks, potentially deterring #law firms from using the tool.
Worth $15 billion and $8 billion, respectively, #Harvey and #Legora have come to dominate the legal corner of the AI universe, with all of #Australia’s top eight #LawFirms subscribing to one or both.
Mike was built as a direct challenge to their iron grip, according to its founder #WilliamChen, a former #JuniorLawyer at top-ranked US law firm Latham & Watkins, who used existing #AITools to #VibeCode” his new app.”
Cheap to use. No maintenance, support, documentation or verification that it works. Law is by definition cautious and regressive. Some law firm will try it, fail and be pushed out of an Industry where reputation to win comes before price.
#AI / #LegalSoftware <https://archive.md/mXr0t> / (paywall) <https://www.afr.com/companies/professional-services/meet-mike-the-free-ai-for-lawyers-that-might-blow-up-a-23bn-sector-20260506-p5zudj>