3 ms·
Honestly this is very interesting to me. Legal firms are firms that handle probably the most sensitive data there is other than privacy data which is usually en
by warthog 3y ago
Honestly this is very interesting to me. Legal firms are firms that handle probably the most sensitive data there is other than privacy data which is usually encrypted. I was wondering how enterprise adoption would happen and whether it would happen internally or they would buy from a provider but it seems like they already sold to a firm like Allen and Overy which is huge.
Do you think there is a similar opportunity in financial institutions like investment banks and government agencies?
- johndhi 3y agoI'm a lawyer, not really understanding your points here. What is privacy data, and what do you mean it's usually encrypted? Tons of entities have access to raw personal data of pretty much everyone in the world. "Legal" data could be anything -- from public records of a court, to extremely sensitive legal advice discussing perceived legal violations that is subject to the attorney-client privilege. What does Harvey actually do? Sounds like it's sort of like ChatGPT but with more privacy/security promises?
- warthog 3y agoYep rcme got me correctly but let me explain further: A legal firm has more access to confidential information compared to a financial services advisor like Morgan Stanley. What Harvey does is a lawyer in Allen and Overy feeds contracts, drafts and agreements into Harvey's AI. This data then is processed within OpenAI servers. That means OpenAI would get access to this data freely, without any encryption. Hence, as a lawyer, my question to you is twofold: - Is this kind of software useful for you? (my assumption is 100% yes) - How can you justify sharing data with OpenAI in your agreements with clients? Is this possible even? Does nobody care? Do you include this sort of disclosure in an indemnity agreement perhaps? If you have doubts, I suggest you take a look at Robin AI as well who uses Claude in the backend. Clifford Chance very actively uses it.
- rcme 3y agoI think the GP is referring to documents obtained as part of the discovery process. Things like internal company emails, private texts, etc.