Legal AI market could approach coding's scale but lower verifiability limits AI spend capture to 10-15% vs 30-50%
Legal research resembles coding in complexity and data volume, making it a prime AI vertical; however, legal outcomes are less verifiable than code execution, so AI will likely capture only 10-15% of legal spend vs 30-50% in coding, still a massive market but with different economics.
Legal AI unbundling: horizontal winner (Harvey) plus vertical specialists (Solve Intelligence in IP)
Legal market broad enough for horizontal platform (Harvey) and vertical specialists (Solve in patent law); both Harvey and Legora founders invested in Solve, validating unbundling thesis.