165: BREAKING NEWS!!! Eve Legal Fundraiser Achieves $BILLION Valuation – Meet Co-Founder Jay Madheswaran
Over 90% of law firms are using AI, and I sit down with Jayanth “Jay” Madheswaran, the visionary founder and CEO of Eve, to uncover how his billion-dollar legal tech company is changing the game for plaintiff firms everywhere.
Jay explains how Eve’s AI reads medical records, builds chronologies, drafts demand letters, and even handles discovery—all in minutes instead of hours. We talk about his journey from Facebook and Rubrik to launching Eve, the lessons behind their $103M raise, and how they’ve built a team of engineers and lawyers obsessed with one goal: helping firms deliver stronger outcomes with less stress.
From practical examples to future predictions, this episode dives deep into what AI can really do for contingency-based firms—and how leaders can adopt it today without disrupting their teams or client relationships.
Key Topics
00:44 – Learn how Jay’s vision for Eve Legal began after seeing how inefficient law firm workflows really were.
02:10 – Hear how Eve secured $103M in Series B funding and what drove investor confidence.
04:32 – Discover why plaintiff firms are adopting AI faster than defense firms—and how that’s flipping the script.
08:18 – See how Eve’s AI creates detailed medical chronologies from complex record sets in minutes.
09:23 – Learn how firms are drafting demand letters that sound like their best writers—without starting from scratch.
09:56 – Explore how discovery responses and interrogatories can now be turned around same-day.
11:40 – Find out what 500+ law firms have learned about AI adoption and the importance of guided support.
12:54 – Understand how “Blueprints” let firms train Eve to write exactly the way their attorneys do.
18:27 – Learn how Eve’s pricing model aligns perfectly with contingency-based firms.
19:48 – See how AI lets firms reduce costs, boost margins, and redeploy team members into higher-value roles.
20:46 – Explore how specialization or scaling volume both become easier with AI-driven workflows.
23:23 – Hear what’s next: voice-enabled AI agents and faster product cycles for legal operations.
27:02 – Discover how Eve’s tech team built proprietary models trained only on legal language and data.
30:52 – Understand the pros and cons of “best-of-breed” vs. “all-in-one” AI tools for law firms.
38:02 – Reflect on how AI is reshaping the roles of young lawyers, paralegals, and the next generation of “AI-native” legal professionals.
Resources Mentioned
Tech & Apps
- Eve Legal – https://eve.legal
- OpenAI / ChatGPT – https://openai.com/chatgpt
- Google Gemini (Deep Research) – https://gemini.google.com
- Zoom – https://zoom.us
- RingCentral – https://www.ringcentral.com
- Case Status – https://www.casestatus.com
- Hona – https://www.joinhona.com
Books
- Antifragile by Nassim Nicholas Taleb – https://a.co/d/i6C3FC5
- The Ride of a Lifetime by Robert Iger – https://a.co/d/clxWn8y
Podcasts
- Founders – https://podcasts.apple.com/us/podcast/founders/id1141877104
- AI Daily Brief – https://podcasts.apple.com/us/podcast/the-ai-daily-brief-artificial-intelligence-news/id1680633614
About our Guest:
Jayanth “Jay” Madheswaran is a seasoned technologist, founder, and investor, with more than 15 years of experience in AI, machine learning, and product development. Before founding his current venture, Eve Legal, Jay held leadership roles at Facebook, Rubrik, and Lightspeed Venture Partners.
At Eve Legal (based in Palo Alto), Jay serves as CEO and is driving innovation at the intersection of legal technology and automation.
Known for blending deep technical insight with entrepreneurial acumen, Jay also invests via Lightspeed and acts as a mentor and advisor to many early-stage startups.
He holds a degree in Computer Science from the University of Illinois at Urbana-Champaign and continues to champion growth and impact in tech and legal innovation.
About Jay Berkowitz:
Jay Berkowitz is a best-selling author and popular keynote speaker. Mr. Berkowitz managed marketing departments at: Coca-Cola, Sprint and McDonald’s Restaurants, and he is the Founder and CEO of Ten Golden Rules, a digital marketing agency specialized in working with attorneys.
Mr. Berkowitz is the author of Advanced Internet Marketing for Law Firms, The Ten Golden Rules of Online Marketing and 10 Free Internet Marketing Strategies that went to #1 on Amazon. He is the host of the Ten Golden Rules of Internet Marketing Webinar and Podcast. He has been profiled by the Wall Street Journal, The Business Journals and FOX Business TV.
Mr. Berkowitz was selected for membership as a TITAN for Elite Digital Marketing Agencies, he is the recipient of a SOFIE Award for Most Effective use of Emerging Media, and a Special BERNAY’s Award.
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Transcript
Jayanth “Jay” Madheswaran: So one of the law firms I was
Speaker:talking to recently in Arizona, it's a PI firm. Typically, when
Speaker:you get hit with a discovery request, you take, try to push
Speaker:it off a little bit, or you take a week or two to respond. And
Speaker:one of the things you can do with Eve is Eve actually has a
Speaker:feature to go and comprehensively reply to a
Speaker:discovery request, going over all the case files it already
Speaker:has access to, and this gentleman just replied the same
Speaker:day he got discovered class, and just boom, right back the same
Speaker:day, and then just he received, like a question mark, question
Speaker:mark, question mark back from defense. And it just kind of
Speaker:like flips the script. And you know, those are like little bits
Speaker:of tactics where the tactics are already starting to change based
Speaker:on what AI gives you access to,
Jay Berkowitz:good morning, good afternoon, good evening,
Jay Berkowitz:whatever time this podcast finds you. Welcome to the 10 Golden
Jay Berkowitz:Rules of Internet Marketing for Law Firms. Podcast got a great
Jay Berkowitz:guest today, Jay Berkowitz is with Jay Madheswaran, and we're
Jay Berkowitz:going to learn all about his story, and we're going to learn
Jay Berkowitz:about how they just achieved a billion dollar valuation. Quick
Jay Berkowitz:commercial, as always, for 10 golden rules. Today, we're going
Jay Berkowitz:to be talking about an incredible legal AI. And there's
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Jay Berkowitz:Google Search, and we think we figured it out at 10 golden
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Jay Berkowitz:walk you through the AI on Google and how you can get
Jay Berkowitz:ranked in the Google AI. But without further ado, let's get
Jay Berkowitz:to today's guest, because we have some really exciting news.
Jay Berkowitz:Jay, welcome to the 10 golden rules Internet Marketing for law
Jay Berkowitz:firms podcast.
Jay Berkowitz:Jayanth “Jay” Madheswaran: Thank you so much for having me on.
Jay Berkowitz:It's nice to meet a fellow Jay.
Jay Berkowitz:All right, good. Let's get to the big news here.
Jay Berkowitz:Tell us about the company. Tell us about how you achieved a
Jay Berkowitz:billion dollar round, and then we'll do your background after
Jay Berkowitz:we do the foreground.
Jay Berkowitz:Jayanth “Jay” Madheswaran: Absolutely happy to do it. And thank you
Jay Berkowitz:for the opportunity. So I'm Jay, you know, we recently, a few
Jay Berkowitz:days ago, announced launching and raising 100 $3 million
Jay Berkowitz:Series B at a billion dollar valuation for Eve. What Eve is,
Jay Berkowitz:an AI platform for plaintiff law, unlike chat GPT answering
Jay Berkowitz:questions on documents, we effectively go much deeper into
Jay Berkowitz:the workflows and do things with pure AI that used to take hours
Jay Berkowitz:upon hours of manual labor to do think in the personal injury
Jay Berkowitz:space, things like producing a really comprehensive medical
Jay Berkowitz:ntinuously updated quickly in:Jay Berkowitz:out of a:Jay Berkowitz:to the cave's life cycle, into demands and discovery requests,
Jay Berkowitz:responses, etc, all the way to resolution. And now we're also
Jay Berkowitz:layering in intake. And the reason why we've been able to, I
Jay Berkowitz:think, raise so much money is actually thanks to momentum.
Jay Berkowitz:Basically, I was in a conference a few weeks ago, and I asked the
Jay Berkowitz:crowd, out of 200 attorneys, you know, how many people have used
Jay Berkowitz:ai, 90% of them raise their hand, compared to the year
Jay Berkowitz:before, where maybe five people, you know, gently raise their
Jay Berkowitz:hand. Just the level of awareness people are seeing
Jay Berkowitz:towards AI is incredible, but what's missing Jay is them
Jay Berkowitz:figuring out how to implement it in their firm. And how do I get
Jay Berkowitz:adoption? Because, I mean, you don't want to spend all this
Jay Berkowitz:money on AI and not see value for your clients or yourself,
Jay Berkowitz:and that's the core problem we focused on solving, is, how do
Jay Berkowitz:you navigate this legal AI minefield and pick the right
Jay Berkowitz:provider and get actual results? And the reason why we were able
Jay Berkowitz:to raise a large round is lot of our customers are renewing,
Jay Berkowitz:we're growing and we're showing results.
Jay Berkowitz:So you got the tech and you got the results.
Jay Berkowitz:That's awesome, exactly. So tell us a little bit more about Eve,
Jay Berkowitz:like, what practice areas are you focused on?
Jay Berkowitz:Jayanth “Jay” Madheswaran: So, largely, again, plaintiff heavy
Jay Berkowitz:ones, so think personal injury, labor and employment. Those are
Jay Berkowitz:two immediate practice areas that we service today. We
Jay Berkowitz:started the company focused on labor and employment, and we
Jay Berkowitz:moved into personal injury last year. Great.
Jay Berkowitz:I guess now let's tell the story a little bit. You
Jay Berkowitz:were telling me some interesting stories. You were born in India
Jay Berkowitz:and came to America. So tell us your journey.
Jay Berkowitz:Jayanth “Jay” Madheswaran: Yes, it's one of, I think this is why
Jay Berkowitz:plaintiff law appeals to me so much. Is this my story has been
Jay Berkowitz:one of, like, the under resourced against the well
Jay Berkowitz:resourced for quite some time. And, you know, in India, I grew
Jay Berkowitz:up in the lower middle class with where we had to, like,
Jay Berkowitz:ration water and things like that, which, looking back, it
Jay Berkowitz:was actually, I remember it fondly. It was fun. But, you
Jay Berkowitz:know, if I had to do the do it today, I'd probably be very
Jay Berkowitz:stressed. But, you know. That leaves an impression on you,
Jay Berkowitz:right? So when I came to America, I worked really hard to
Jay Berkowitz:educate myself. And that really beautiful thing about America is
Jay Berkowitz:it's incredibly meritocratic, right? So if you do give value
Jay Berkowitz:to someone else, it's typically rewarded. And that led me into
Jay Berkowitz:kind of this journey of becoming a founder, where I did a pit
Jay Berkowitz:stop at Facebook early on, as one of their early engineers
Jay Berkowitz:focused on Facebook groups where we helped align people with
Jay Berkowitz:similar principles together. And then I was a the first
Jay Berkowitz:engineering hire for this company called rubric, where we
Jay Berkowitz:built really secure solutions to three letter agencies. How do
Jay Berkowitz:you protect the world's most secure data to becoming an
Jay Berkowitz:investor myself and then finally starting e with a team that I
Jay Berkowitz:respect and love to work with.
Jay Berkowitz:And how did you guys pick law as an area to
Jay Berkowitz:focus on?
Jay Berkowitz:Jayanth “Jay” Madheswaran: The really interesting thing is AI.
Jay Berkowitz:We've actually been doing AI for even before llms. So when our
Jay Berkowitz:team got started, we were working on extracting very
Jay Berkowitz:bespoke information from contracts and bank statements
Jay Berkowitz:and, you know, these very highly variant doc types, computer
Jay Berkowitz:vision and OCR wasn't good. So we had actually created like
Jay Berkowitz:this, NLP based model. NLP stands for natural language
Jay Berkowitz:processing that's able to understand text and pull
Jay Berkowitz:information out. And many of our customers were, in fact, legal
Jay Berkowitz:tech and law firms. And what became clear for us, given we
Jay Berkowitz:were so ingrained in this technology, is we were
Jay Berkowitz:constantly dealing with this question around like, when is
Jay Berkowitz:accuracy good enough? When do you need people in the loop? And
Jay Berkowitz:how do you introduce people in the loop? When is it okay to be
Jay Berkowitz:pure AI and all of these little learnings led to an aha moment
Jay Berkowitz:for us in plaintiff law, where we saw the first for the first
Jay Berkowitz:time, a chance to kind of flip the script on defense, where,
Jay Berkowitz:historically, plaintiffs had need to be a lot more principled
Jay Berkowitz:with how they manage their time, because they you typically get
Jay Berkowitz:paid in contingencies and defense, especially insurance
Jay Berkowitz:companies, sometimes are able to fund quite the battle against
Jay Berkowitz:you and kind of drown you out. And there's an incentive
Jay Berkowitz:alignment where on the plaintiff side, you actually want to adopt
Jay Berkowitz:AI and be as efficient as possible, because ultimately,
Jay Berkowitz:you want to put your best attorney on every single thing
Jay Berkowitz:dealing with the client, right all the way from intake, if you
Jay Berkowitz:could, into sending out client comms, emails, maybe even case
Jay Berkowitz:manager work like that's what you would want, if you could.
Jay Berkowitz:But your labor constraint and with AI and what we were
Jay Berkowitz:building, our platform was able to actually customize and learn
Jay Berkowitz:from a firm and be able to go deeper in these workflows, and
Jay Berkowitz:that allowed a way to level the playing field and kind of flip
Jay Berkowitz:the script. And that, to me, for some reason, is, you know, both
Jay Berkowitz:mentally stimulating and emotionally very encouraging. So
Jay Berkowitz:that's what led us to go down this path.
Jay Berkowitz:Great. So try and make it really simple. I'm a PI
Jay Berkowitz:firm. I haven't really done much with AI. Maybe I'm just using
Jay Berkowitz:chat GPT. What's a simple step for a PI firm to get started
Jay Berkowitz:with AI?
Jay Berkowitz:Jayanth “Jay” Madheswaran: The easiest thing you can do is
Jay Berkowitz:adopt something like Eve and get started, most likely for pre
Jay Berkowitz:litigation work, that's where you see a lot of value right
Jay Berkowitz:away, because it happens pretty frequently, and there's a lot of
Jay Berkowitz:manual, repetitive tasks you are doing. So the good way to get
Jay Berkowitz:started is actually start with medical chronologies, right? So
Jay Berkowitz:you upload all the records, medical records you have, along
Jay Berkowitz:with any other office visit information, and Eve is able to
Jay Berkowitz:go through:Jay Berkowitz:provide and categorize really comprehensive visit timelines.
Jay Berkowitz:It even highlights things you should be looking for, like bad
Jay Berkowitz:facts, and gives you a rough understanding of economic and
Jay Berkowitz:non economic damages that you can then seamlessly using Eve,
Jay Berkowitz:carry over into a demand letter, where you can get it to write
Jay Berkowitz:like you, like your best work, and repeat it without hopefully
Jay Berkowitz:any errors.
Jay Berkowitz:So basically, get through all the files really
Jay Berkowitz:quickly, get through all the data, come up with the best
Jay Berkowitz:positioning for your case, detailed medical chronology
Jay Berkowitz:demand letter done for you. Obviously, the lawyer wants to
Jay Berkowitz:oversee it, but it saves you a ton of time. And like you said,
Jay Berkowitz:it evens the playing field a little bit with the defense
Jay Berkowitz:firms.
Jay Berkowitz:Jayanth “Jay” Madheswaran: Yeah, and I have so many, like, fun
Jay Berkowitz:stories there in terms of clever ways in which our clients are
Jay Berkowitz:evening the playing field and kind of scaring defense in some
Jay Berkowitz:cases,
Jay Berkowitz:one of the give us a fun one?
Jay Berkowitz:Jayanth “Jay” Madheswaran: Yeah, absolutely. So one of the law
Jay Berkowitz:firms I was talking to recently in Arizona, it's a PI firm, you
Jay Berkowitz:know, typically when you get hit with a discovery quest, you
Jay Berkowitz:take, you know, try to push it off a little bit, or you take a
Jay Berkowitz:week or two to respond. And one of the things you could. Do with
Jay Berkowitz:Eve is Eve actually has a feature to go and
Jay Berkowitz:comprehensively reply to a discovery request going over all
Jay Berkowitz:the case files it already has access to. And this gentleman
Jay Berkowitz:just replied the same day he got a discovery request, and just
Jay Berkowitz:boom, right back the same day, and then just he received, like,
Jay Berkowitz:a question mark, question mark, question mark back from defense.
Jay Berkowitz:And it just kind of like flips the script. And, you know, those
Jay Berkowitz:are like little bits of tactics where the tactics are already
Jay Berkowitz:starting to change based on what AI gives you access to.
Jay Berkowitz:Yeah, a similar story. I got a request to write
Jay Berkowitz:an article for one of the major industry publications, and I'd
Jay Berkowitz:recently done a webinar on the topic. Actually, it was the
Jay Berkowitz:topic of AI search results. And so I took the transcript of the
Jay Berkowitz:webinar, which was done by AI, uploaded it into a GPT, gave it
Jay Berkowitz:a really good prompt, and I said, you know, reference the 10
Jay Berkowitz:golden rules blog, and reference Jay Berkowitz, his YouTube
Jay Berkowitz:channel, and write this article in the style of Jay Berkowitz,
Jay Berkowitz:and in make three salient points and do it in 800 words. And what
Jay Berkowitz:I got back was simply fantastic summary of my webinar. So it was
Jay Berkowitz:my work, it was my words, but it was written for me. I changed
Jay Berkowitz:maybe three or four words and sent it back immediately. In
Jay Berkowitz:about 45 they were that amazing. Wait. We picked the topic. We
Jay Berkowitz:gave you, we asked the article. We gave you about 20 days. You
Jay Berkowitz:did in about 20 minutes. That's the power of AI today. So that's
Jay Berkowitz:great. What's the scale and scope? How many firms today are
Jay Berkowitz:using Eve?
Jay Berkowitz:Jayanth “Jay” Madheswaran: We're close to about 500 firms today
Jay Berkowitz:using Eve. And again, one of the things we focus on is adoption.
Jay Berkowitz:You know, we're trying to get better and better at this, but
Jay Berkowitz:it's a combination of how the technology works, how easy it is
Jay Berkowitz:to use Eve actually suggests, based on what it sees in your
Jay Berkowitz:case data, what questions you should ask it. Even so, that's
Jay Berkowitz:one of the ways in which we encourage adoption and proper
Jay Berkowitz:usage. And including our many of our support team members are
Jay Berkowitz:actually ex attorneys themselves, or even practicing
Jay Berkowitz:once, in some cases. And we found that's pretty important.
Jay Berkowitz:Because again, you know, one thing I keep repeating
Jay Berkowitz:internally in the company and externally is like it really is
Jay Berkowitz:a merger of people, process and technology. You have to get all
Jay Berkowitz:of the three components working well together, otherwise you
Jay Berkowitz:just don't see the results you want.
Jay Berkowitz:I asked you for a simple tip of how someone could
Jay Berkowitz:get started. Maybe give us that medium to advanced tip, how are
Jay Berkowitz:some of the most more sophisticated applications
Jay Berkowitz:working? Some firms have been using the technology now for
Jay Berkowitz:some time.
Jay Berkowitz:Jayanth “Jay” Madheswaran: It goes into, you know, kind of
Jay Berkowitz:this prompt fine tuning that you mentioned before, Jay, that you
Jay Berkowitz:use did for your AI search blog post, but Eve has a similar
Jay Berkowitz:feature, where you can actually train Eve to respond like your
Jay Berkowitz:best work every single time. So what you do is, effectively, you
Jay Berkowitz:drag and drop a few of your exemplary demands. Let's say
Jay Berkowitz:that you wrote you're super proud of into Eve, and it
Jay Berkowitz:creates something called a blueprint. And now for every new
Jay Berkowitz:case going forward, it actually applies the same letterhead,
Jay Berkowitz:same formatting, same reasoning that you use to kind of come up
Jay Berkowitz:with those points, and it does all of that for you
Jay Berkowitz:automatically. So the first draft that you end up with ends
Jay Berkowitz:up being significantly higher quality. And of course, you get
Jay Berkowitz:all the hallucination prevention features you would expect, like
Jay Berkowitz:it cites, it references the information, as well as does a
Jay Berkowitz:bunch of things to ensure it's not hallucinating. And
Jay Berkowitz:ultimately, like what you end up doing is you start thinking
Jay Berkowitz:about your business in a different way. You start
Jay Berkowitz:thinking about your business, and these are the bespoke
Jay Berkowitz:workflows I can upload into Eve and turn into a software
Jay Berkowitz:component. And then what do I do with my staff, and how do I
Jay Berkowitz:improve how they review it and how thoughtful they are in
Jay Berkowitz:implementing it? So kind of getting that motion going is a
Jay Berkowitz:bit advanced, but it pays huge dividends if you do it right.
Jay Berkowitz:I love it. Let's talk a little bit about the
Jay Berkowitz:raising of money and the seed rounds. The headline of this
Jay Berkowitz:webinar is going to be something about raising your seed round
Jay Berkowitz:and dollar valuation. I'm speaking for my marketing folks,
Jay Berkowitz:because we haven't written it yet. Of course, tell us a little
Jay Berkowitz:bit about the founders journey and how you achieve different
Jay Berkowitz:tranches and raise some money in this most recent raise, maybe
Jay Berkowitz:with an eye to your friend who you mentioned is just doing a
Jay Berkowitz:startup this week, or firms that are going through that first and
Jay Berkowitz:second round of raise, absolutely.
Jay Berkowitz:Jayanth “Jay” Madheswaran: I mean, fundraising is never,
Jay Berkowitz:never easy, but we've been fortunate. A lot of our founding
Jay Berkowitz:members come from places like Facebook, Google, Microsoft,
Jay Berkowitz:rubric, and I had the privilege of working with my co founders,
Jay Berkowitz:Matt and David, at rubric, and these are some of the smartest
Jay Berkowitz:people I think you'll ever meet. You know they ran really, really
Jay Berkowitz:large teams and initiatives at their respective companies, and
Jay Berkowitz:without them. And what we've built so far would be very
Jay Berkowitz:difficult, but the way these things go, you know, it starts
Jay Berkowitz:with a dream, and you show, hey, the dream is turning into
Jay Berkowitz:reality, and that's how you raise money. So the dream
Jay Berkowitz:initially was around, we had this idea that we actually could
Jay Berkowitz:drastically change plaintiff law when everyone else was focused
Jay Berkowitz:on defense, right? Historically, that's at least for legal tech,
Jay Berkowitz:that's where the money used to be, and most plaintiff firms are
Jay Berkowitz:much smaller and also much they don't pay much, relatively
Jay Berkowitz:speaking, and that's a really difficult thing to solve as a
Jay Berkowitz:legal tech company. However, we took a bet that this software is
Jay Berkowitz:so valuable that it actually changes how plaintiff law firms
Jay Berkowitz:will operate, and it'll turn them into AI native firms first,
Jay Berkowitz:even before defense firms can so that was a bet we took and we
Jay Berkowitz:showed that it worked, right. So that the hard part to solve for
Jay Berkowitz:us during the seed round, I think we raised about 14 million
Jay Berkowitz:or so in the seat Series A round the hard part there was
Jay Berkowitz:effectively showing that AI can actually do it right. So the
Jay Berkowitz:problem with technology and AI is it doesn't matter if it's 90%
Jay Berkowitz:accurate, if what you really needed was 95% accurate,
Jay Berkowitz:suddenly the whole software doesn't work. So let's say you
Jay Berkowitz:go into Eve and you ask a question, and it only gives you
Jay Berkowitz:the right answer 20% time. No one's going to use it right so
Jay Berkowitz:solving that piece was what took a lot of our time in the seed
Jay Berkowitz:stage. So we ended up iterating constantly, and you have to be
Jay Berkowitz:careful, we can't really use the data for training, so we had to
Jay Berkowitz:be quite clever and thoughtful about how we made the software
Jay Berkowitz:such that it's actually able to answer all the complicated
Jay Berkowitz:questions across the case life cycle for any type of case
Jay Berkowitz:within labor and employment or personal injury, which turns
Jay Berkowitz:out, is a lot, right? So you have moving vehicle accidents.
Jay Berkowitz:Is labor and employment. You dive deeper into different
Jay Berkowitz:causes of actions that all result in different types of
Jay Berkowitz:work. And getting all of that right was it felt like a death
Jay Berkowitz:by a million cuts. But eventually we came up with some
Jay Berkowitz:clever ways of simplifying it and implementing a software. And
Jay Berkowitz:we were actually the very first provider to do this entire thing
Jay Berkowitz:end to end with AI when everyone else was shipping it overseas to
Jay Berkowitz:get you back, a demand letter, met Quran or something along
Jay Berkowitz:those lines. And once that happened, we raised our Series A
Jay Berkowitz:from Andreessen Horowitz, which is one of the well known firms
Jay Berkowitz:in the Valley, and I guess now the world raising a lot of
Jay Berkowitz:money. And they kind of saw the vision, because lot of our early
Jay Berkowitz:customers were using it every day, and they were starting to
Jay Berkowitz:see signs of, hey, we're actually taking on, you know, 2x
Jay Berkowitz:the case capacity of the same staff. This just didn't think it
Jay Berkowitz:could happen. And Andreessen took a bet that, Hey, this looks
Jay Berkowitz:promising, and funded us really well, like they gave us $47
Jay Berkowitz:million and did that quickly. That was in January this year,
Jay Berkowitz:and then we just continued building. And what we really
Jay Berkowitz:focused on is eventually what plaintiff lawyers want, is they
Jay Berkowitz:want a tool that is cheap goes deeper into their workflows and
Jay Berkowitz:keeps innovating and launching new features to go and deliver
Jay Berkowitz:as much as they can for their clients in the shortest amount
Jay Berkowitz:of time, right? That's really at the end of the day, is what you
Jay Berkowitz:care about. What does cheap mean? What's the
Jay Berkowitz:starting cost for Eve, for a PI firm or a defense firm? And then
Jay Berkowitz:is it per person? And how does the pricing scale? Yeah.
Jay Berkowitz:Jayanth “Jay” Madheswaran: So typically it is a price per
Jay Berkowitz:case. That's how we charge it. I've been in trouble for
Jay Berkowitz:mentioning this before. If you ever change, it causes us
Jay Berkowitz:problems. So maybe it will refrain from saying it, but it's
Jay Berkowitz:usually a few $100 per case depending on various factors,
Jay Berkowitz:and that certainly makes sense from what
Jay Berkowitz:I know about how they price their cases and the expenses
Jay Berkowitz:that go into it. That's right, I know I've had this conversation
Jay Berkowitz:with probably a dozen people on this podcast, from
Jay Berkowitz:transcriptionists to different softwares to investigators and
Jay Berkowitz:folks who work on the cases. Couple 100 bucks for the AI is
Jay Berkowitz:nothing relative.
Jay Berkowitz:Jayanth “Jay” Madheswaran: That's right. I mean, if you you know,
Jay Berkowitz:a lot of people don't do this, but you know, typically, when
Jay Berkowitz:you start growing your firm, you start getting into it. But a lot
Jay Berkowitz:of firms, when you actually break down the costs related to
Jay Berkowitz:servicing a case on a per case basis, you end up finding that
Jay Berkowitz:something like 30% goes towards marketing, and potentially even
Jay Berkowitz:50% goes towards the actually servicing the case. And then you
Jay Berkowitz:have miscellaneous expenses, which adds up, and you're
Jay Berkowitz:actually your profit margins are relatively thinner than they
Jay Berkowitz:need to be. And what the hope of AI is that you're able to
Jay Berkowitz:basically trade the the labor costs for software costs over
Jay Berkowitz:time, and in exchange, you can use the additional labor that's
Jay Berkowitz:been freed up to actually take on more cases. That'd be the
Jay Berkowitz:that'd be the transition, right? So I kind of see. Actually,
Jay Berkowitz:interestingly, Jay, I do think, like, more money is going to go
Jay Berkowitz:towards marketing. Interestingly, if, when AI
Jay Berkowitz:starts really getting good, right? Like, think the average
Jay Berkowitz:attorney is able to handle 100 cases per month, I think we were
Jay Berkowitz:going to probably see more money flowing towards marketing, and
Jay Berkowitz:that becoming one of the central areas in which you differentiate
Jay Berkowitz:yourself against other firms for sure,
Jay Berkowitz:if, if you're a very smooth AI operation, and
Jay Berkowitz:the time and the cost to run those cases goes down, you want
Jay Berkowitz:to get more of the cases, but only so big. So that's where
Jay Berkowitz:notion comes about, right?
Jay Berkowitz:Jayanth “Jay” Madheswaran: It's true. But what, what is really
Jay Berkowitz:fascinating is our law firms are choosing to different things
Jay Berkowitz:with that added time. So for example, like some end up
Jay Berkowitz:becoming significantly operationalized for, let's say,
Jay Berkowitz:subset of cases, right, like MBAs or dog bites or what have
Jay Berkowitz:you, you get really specialized for those cases, and you're able
Jay Berkowitz:to handle so much because you're focused on it. Alternatively,
Jay Berkowitz:some others are using the fact that, because once you start
Jay Berkowitz:working with Eve, Eve starts learning the entire case life
Jay Berkowitz:cycle, and starts learning your history of cases, so you can
Jay Berkowitz:actually start qualifying, let's say, more cases for litigation,
Jay Berkowitz:because you're able to do kind of that heavy work of litigation
Jay Berkowitz:much more efficiently now, and that's a very different
Jay Berkowitz:approach, but they're seeing much higher settlement checks
Jay Berkowitz:when they they don't settle in pre lit.
Jay Berkowitz:Yeah, I don't know if you and I were having
Jay Berkowitz:this conversation or someone else, and there's you mentioned
Jay Berkowitz:this earlier, the defense firms have had AI and have had
Jay Berkowitz:sophisticated computational ability for some time, and now
Jay Berkowitz:they have a pretty good snapshot of each firm's capabilities and
Jay Berkowitz:how often they go to court and how often they litigate, and so
Jay Berkowitz:the defense firms are making a snapshot of the valuation of the
Jay Berkowitz:case based on the likelihood of the firm's ability to make their
Jay Berkowitz:case. So this software, again, levels the playing field, like
Jay Berkowitz:you talked about, but it's like aI versus AI. What do you know
Jay Berkowitz:about that defense side software?
Jay Berkowitz:Jayanth “Jay” Madheswaran: Defense side software is large. I mean,
Jay Berkowitz:it's split across the board, right? That are also trying to
Jay Berkowitz:figure out what to do. You see some players like Harvey helping
Jay Berkowitz:out defense firms where they'd be helping with synthesis of
Jay Berkowitz:information, kind of like chat, GPT, but for law, yeah, that's
Jay Berkowitz:kind of, that's the most common one we've seen so far. But the
Jay Berkowitz:challenge there is that workflows are so diverse, and
Jay Berkowitz:their business model is so different. You know, if you're a
Jay Berkowitz:defense firm, you care about retaining one client over a long
Jay Berkowitz:period of time, and kind of increasing the value of your
Jay Berkowitz:billables over time, and that leads to very different product
Jay Berkowitz:building and what they care about. So I think that's where
Jay Berkowitz:kind of the products differentiate. But I think you
Jay Berkowitz:should probably also expect they're also going to adopt AI
Jay Berkowitz:solutions pretty soon, mostly driven by, I think, US and
Jay Berkowitz:plaintiff workflows, right? Let's say the amount of volume
Jay Berkowitz:of work suddenly explodes by 5x for them to respond back,
Jay Berkowitz:they're going to have to look at solutions.
Jay Berkowitz:That's great. You mentioned it briefly a minute
Jay Berkowitz:ago, talking about new product development. So how do you guys
Jay Berkowitz:create your list? How do you figure out what to develop next,
Jay Berkowitz:and then tell us a little bit about the intake product, your
Jay Berkowitz:newest product, absolutely.
Jay Berkowitz:Jayanth “Jay” Madheswaran: So, you know, the way we develop is,
Jay Berkowitz:again, we're architecture first. So what we care about is
Jay Berkowitz:combining, again, broken record, people, technology, process, all
Jay Berkowitz:together, and the product helps as much as possible with that.
Jay Berkowitz:But the way it's architected, you know, we work closely with
Jay Berkowitz:anthropic open AI to come up with their architecture. It's
Jay Berkowitz:done in a way that is always going to benefit from new
Jay Berkowitz:advancements from Ai, right? So even if AGI comes we're still
Jay Berkowitz:going to be the best way to use AGI for plaintiff law, and that
Jay Berkowitz:was very important to us. But a really useful side effect of
Jay Berkowitz:that architecture is really, really quick innovation of
Jay Berkowitz:literally anything AI that comes out. So as a result, I'm sure
Jay Berkowitz:many of your viewers probably have seen or heard about these
Jay Berkowitz:voice AIS starting to come out, right? So now AI is actually
Jay Berkowitz:able to listen to you and talk back to you. If you have chat.
Jay Berkowitz:GPT, you can click this little voice button and you know,
Jay Berkowitz:she'll talk to you, or he, depends on you can set you can
Jay Berkowitz:change the gender if you'd like. And lot of our law firms were
Jay Berkowitz:actually asking for that, because one of the difficulties
Jay Berkowitz:is now that Eve is helping accelerate pre lit and
Jay Berkowitz:litigation workflows. They actually want to take on more
Jay Berkowitz:clients, so now that's starting to become bottleneck. And I'm
Jay Berkowitz:sure you know, one of the toughest thing that everyone has
Jay Berkowitz:seen is you never want to miss a $10 million case. You know, the
Jay Berkowitz:time, you'll realize some other settlement happened for $10
Jay Berkowitz:million that actually came through your intake and you
Jay Berkowitz:passed it or didn't respond quickly enough. It hurts, right?
Jay Berkowitz:I think also hurts them, because they're getting. Uh, seed to
Jay Berkowitz:much slower, and that's something we can solve because
Jay Berkowitz:that's largely blocked by Labor training and improvements. So
Jay Berkowitz:what our Eve intake does is it has multiple different
Jay Berkowitz:components working together, right? They're aiming to not
Jay Berkowitz:really replace the intake team. We want to make them better so
Jay Berkowitz:he was able to integrate with existing telephony providers
Jay Berkowitz:like zoom, Ring Central, etc, to automatically categorize and
Jay Berkowitz:almost like light up missed opportunities, right? And that
Jay Berkowitz:then helps you coach and come up with different SOPs to handle
Jay Berkowitz:intake. And even more cool, at least for me, is the same SOP
Jay Berkowitz:documents you create in a Word file, or what have you, you
Jay Berkowitz:could actually upload right to Eve, and that configures the
Jay Berkowitz:voice agent for you. And now the voice agent is not like the IVRS
Jay Berkowitz:we're used to, where it's like, you know, press one to continue,
Jay Berkowitz:yada yada yada. It's actually a dynamic one that understands and
Jay Berkowitz:follows more complex directions you want to give it. So, for
Jay Berkowitz:example, you know, if a customer ever, or client, rather, ever
Jay Berkowitz:mentions like a headache, maybe you dive a bit deeper into TBI
Jay Berkowitz:related questions. And those are things that's hard to train.
Jay Berkowitz:Exactly those are, those are like hard to train staff to do,
Jay Berkowitz:and Eve, because it's built on the same intelligence that we've
Jay Berkowitz:kind of built it for prelim litigation for, it's able to
Jay Berkowitz:bring that intelligence into the call center.
Jay Berkowitz:I mentioned the simple GPT product project I did
Jay Berkowitz:for myself. And one of the things I skipped was the key
Jay Berkowitz:step to writing a great prompt is giving the AI a role. And so
Jay Berkowitz:I said, when I wrote that prompt to write an article for myself,
Jay Berkowitz:I said, you're one of the world's top business writers,
Jay Berkowitz:and you write for magazines and website blogs, and you give the
Jay Berkowitz:GPT a role, and you specify the tone and the style and the
Jay Berkowitz:expertise you want it to bring to the project, I imagine you
Jay Berkowitz:had to make Eve an attorney. How did you read in legal
Jay Berkowitz:intelligence? And just another side note, I understand GPT four
Jay Berkowitz:was in the 90th percentile of passing the bar. So I don't know
Jay Berkowitz:where it got all that intelligence, but maybe you can
Jay Berkowitz:tell us, and maybe you can tell us, did you send Eve to law
Jay Berkowitz:school?
Jay Berkowitz:Jayanth “Jay” Madheswaran: We basically did. I think that the
Jay Berkowitz:challenging part is technology has gotten to the point where
Jay Berkowitz:it's not a simple put data in, get some data out, type of
Jay Berkowitz:challenges anymore, because what we care about, again, is
Jay Berkowitz:shortening the time end to end for something like a demand or a
Jay Berkowitz:METRON. You know, it's not just important the first draft is
Jay Berkowitz:good, but you want to get to the last draft as quickly as
Jay Berkowitz:possible. And this is where at least I have trouble using
Jay Berkowitz:generalized AI tools, right? Like chat GPT. I also use it for
Jay Berkowitz:blog creation and sometimes writing LinkedIn posts, sorry,
Jay Berkowitz:and it's always the last bit that takes a lot of time, and
Jay Berkowitz:then I'm stuck wondering, should I even have used this to begin
Jay Berkowitz:with? I just written this myself, and that's the same
Jay Berkowitz:challenge people have trying to use it when you actually know
Jay Berkowitz:what you're doing. You know, in a topic you know a lot about is
Jay Berkowitz:getting to actually be a system. So to make that happen, we had
Jay Berkowitz:go and train hundreds, if not:Jay Berkowitz:have this attorney like reasoning in different steps,
Jay Berkowitz:right? So, for example, like in a demand, you have to know when
Jay Berkowitz:is the right time to go crawl a medical record, and when is it
Jay Berkowitz:right time to double, double down and look for other related
Jay Berkowitz:things. Again, we mentioned TBI before, but let's say you see
Jay Berkowitz:something with TBI, you actually want to pull that up and
Jay Berkowitz:highlight, hey, this could be something that we missed to
Jay Berkowitz:check for, and we may want to talk to client to go get some
Jay Berkowitz:additional testing done. And those are things where we have
Jay Berkowitz:to go train very specific things for right? So it's not just
Jay Berkowitz:that. It's a AI attorney in terms of what it knows, but the
Jay Berkowitz:workflows and knowing how to do the work is something no one
Jay Berkowitz:knows, right? Like, at least chat GPT doesn't have that
Jay Berkowitz:information, and that's really more of what we're tweaking on
Jay Berkowitz:is, how do we keep track of, how do you do the work, right? And
Jay Berkowitz:we train on that per firm. And then Eve actually starts getting
Jay Berkowitz:better and doing that work. And it manifests itself in really
Jay Berkowitz:cool ways, like that advanced feature I mentioned to you,
Jay Berkowitz:where you can drag and drop your top demands, and it just starts
Jay Berkowitz:thinking like you, in terms of how you wrote that.
Jay Berkowitz:What's the plan for all of this? I see
Jay Berkowitz:interspersed Venn diagrams where all of the case management
Jay Berkowitz:software are building some AI capability at the back end.
Jay Berkowitz:We're big fans of case status and Hona, who do customer
Jay Berkowitz:service, and they have some AI built into that step where once.
Jay Berkowitz:A case is in your case management software, they give
Jay Berkowitz:you proactive communications that go out to the consumer and
Jay Berkowitz:tell them what's happening with their case. Then you all are at
Jay Berkowitz:the front end of managing the case and giving the attorneys
Jay Berkowitz:tons of capability and the medical chronologies and the
Jay Berkowitz:demand letters. And now you're getting into intake. And then
Jay Berkowitz:there's intake or intake software at the front end. And
Jay Berkowitz:so I see all these Venn diagrams sort of merging. Is that what's
Jay Berkowitz:going to happen, like someone is going to be the best across the
Jay Berkowitz:board at some point, very soon,
Jay Berkowitz:Jayanth “Jay” Madheswaran: again, putting my VC hat on right. So
Jay Berkowitz:this is a question we had to answer for many industries. The
Jay Berkowitz:question that you're asking is like, does best of breed win, or
Jay Berkowitz:does an all in one platform win? And the answer is never clear
Jay Berkowitz:historically, in all basically verticals, it flips back and
Jay Berkowitz:forth. You know, sometimes you end up going best of breed, and
Jay Berkowitz:then sometimes you end up going converged. My anticipation of
Jay Berkowitz:how this goes is we're focused on one thing, and one thing very
Jay Berkowitz:clearly, which is, how do we serve a client as quickly as
Jay Berkowitz:possible, right, and get the highest settlement possible? And
Jay Berkowitz:the only things we care about are the workflows, so that
Jay Berkowitz:actual work you'd be doing when people are pulled in, how do we
Jay Berkowitz:make that as effective as possible? And that requires a
Jay Berkowitz:decent amount of focus and building right, at least for us,
Jay Berkowitz:so far it has, and from what we can tell, it's going to involve
Jay Berkowitz:that way. And so that's that's ultimately what we're focused
Jay Berkowitz:on. So with intake, we kind of view the rest as side effects,
Jay Berkowitz:like, if you want to partner with other softwares, and we do
Jay Berkowitz:that handles, let's say, the telephony part of intake really
Jay Berkowitz:well, or they handle one part of insight really well that we
Jay Berkowitz:don't necessarily think is critical for shortening the
Jay Berkowitz:client to close a case, then we don't do it. We focus on what we
Jay Berkowitz:do best, which is the AI components. So that's how we're
Jay Berkowitz:viewing it. I expect it to evolve, though, like what I'm
Jay Berkowitz:probably envisioning is I think that law firms will buy one AI
Jay Berkowitz:software and potentially a CRM, depending on which workflows and
Jay Berkowitz:data management tools they need, and then I think everything else
Jay Berkowitz:will become kind of bespoke, right? Meaning you'll want to
Jay Berkowitz:solve a very specific problem, like if you have a specific
Jay Berkowitz:problem with client communications, honor and K
Jay Berkowitz:status are great, right? And you want to look into them. And if
Jay Berkowitz:you want to solve a very in the future, let's say, break down
Jay Berkowitz:the future, you have one very specific type of deposition you
Jay Berkowitz:want to do. It's possible you go and buy an agent just for that
Jay Berkowitz:one day. I don't think we're quite there yet. And there is
Jay Berkowitz:benefit to having something in one platform, like, for example,
Jay Berkowitz:Eve is able to learn from your past cases, which makes all the
Jay Berkowitz:workflows better. So there's some benefit there, but I think
Jay Berkowitz:we're gonna have to evolve with the industry here.
Jay Berkowitz:Yeah, it's not dissimilar for us at a digital
Jay Berkowitz:agency, and I think it goes to the buyer's mindset. Some people
Jay Berkowitz:are going to look for the best all in one solution. Some people
Jay Berkowitz:are going to look for the best solution in each of the
Jay Berkowitz:verticals. So some people come to us because we can build a
Jay Berkowitz:great website, beautiful, high converting website. We manage
Jay Berkowitz:SEO, social media, do a lot great video pay per click, local
Jay Berkowitz:service. Ads, very strong across the board, and people like to
Jay Berkowitz:have a one stop shop. And then some people come to us and they
Jay Berkowitz:say, you know, can you just manage our pay per click? Or can
Jay Berkowitz:you guys help us with just SEO? Because I have vendors for the
Jay Berkowitz:other things. And their mindset is they're they're shopping for
Jay Berkowitz:the best in each vertical. Yeah, exactly. Maybe it's more up to
Jay Berkowitz:the buyers in the future. You briefly mentioned AGI, which is
Jay Berkowitz:basically the All Knowing all team intelligent AI, right?
Jay Berkowitz:Where it's more, more intelligent than humans. Talk a
Jay Berkowitz:little bit, please, about AGI, and what you see for the future
Jay Berkowitz:of AGI and the future for our industry? Absolutely.
Jay Berkowitz:Jayanth “Jay” Madheswaran: So there's actually a conversation
Jay Berkowitz:I had a few days ago with some open AI employees, right? And
Jay Berkowitz:basically the definition of AGI is that no one actually really
Jay Berkowitz:knows what AGI means. So it's turning into a spectrum now,
Jay Berkowitz:right before the term was thrown around to me in something like a
Jay Berkowitz:god, like creature that knows everything, can do everything.
Jay Berkowitz:That's what I think people tried to imply. It was what we're
Jay Berkowitz:heading into now, is more of a it gets better at this one other
Jay Berkowitz:thing next year, and this one other thing the year after that
Jay Berkowitz:seems to be the path we're on right now, where it starts
Jay Berkowitz:getting these capabilities, and it just so happens people use
Jay Berkowitz:it. I mean, if you think about even today, what tools like
Jay Berkowitz:chat, GPT, Gemini, these things can do. It's ridiculous, right?
Jay Berkowitz:Like it can do a lot, and we're just taking it for granted. And
Jay Berkowitz:in fact, we get annoyed with it when it doesn't get exactly what
Jay Berkowitz:we're thinking, right? And it hasn't really changed the world
Jay Berkowitz:in the way I think you would at least from the. Marketing, the
Jay Berkowitz:way they kind of talk about it, you would expect it to, and
Jay Berkowitz:that's because, again, again, I repeat this. But like
Jay Berkowitz:technology, people process, you know, all of that has to combine
Jay Berkowitz:and work together, and that's going to take time. The other
Jay Berkowitz:thing is, as we approach let's say AGI, I think the world will
Jay Berkowitz:change around it, and it's not going to be all instantaneous.
Jay Berkowitz:So for example, let's say next year, AI reaches superhuman
Jay Berkowitz:levels of intelligence in material science or something,
Jay Berkowitz:and then it starts inventing a new product every year. Then the
Jay Berkowitz:whole world will kind of change a little bit to accommodate for
Jay Berkowitz:that capability, and we're all going to adapt, but eventually,
Jay Berkowitz:like, I'm of the opinion that I think we have a purpose and we
Jay Berkowitz:have a reason to exist. And, you know, worst case scenario, we
Jay Berkowitz:can turn off the AI, so I think we'll find a reason to survive.
Jay Berkowitz:Yeah, it's
Jay Berkowitz:interesting that I think there's a lot of fear
Jay Berkowitz:out there about AI, and I think I was listening to the Google
Jay Berkowitz:CEO on an interview talking about AI, and the interviewer
Jay Berkowitz:asked, What's the future for AI at Google, or what's coming up
Jay Berkowitz:in the next year? And he said, well, the beauty of AI is it
Jay Berkowitz:allows us to do projects quicker and less expensively. We're
Jay Berkowitz:% from our planned:Jay Berkowitz:development, and so now we can do about 10% more projects. And
Jay Berkowitz:I think that's the optimistic view. Is that AI will free up
Jay Berkowitz:humans to do even more amazing things by getting rid of the
Jay Berkowitz:easiest, simplest tasks, and perhaps some of those simplest
Jay Berkowitz:jobs, and the one thing I worry about is the training jobs,
Jay Berkowitz:right? Like the young person of digital agency isn't as
Jay Berkowitz:required, the young developers that you all would have employed
Jay Berkowitz:in the past aren't required, and the young attorneys and
Jay Berkowitz:paralegals won't be as important. Yeah.
Jay Berkowitz:Jayanth “Jay” Madheswaran: I mean, I think this is something
Jay Berkowitz:that is temporary, because eventually what you want to do
Jay Berkowitz:is figure out what people are really good at and utilize that
Jay Berkowitz:with AI to increase productivity. And right now
Jay Berkowitz:we're just in a phase where I think we haven't figured out
Jay Berkowitz:exactly what we're good at and what AI is good at. Yeah. So I
Jay Berkowitz:anticipate, I anticipate that will change pretty quickly, and
Jay Berkowitz:we're seeing some of that actually already. You know, even
Jay Berkowitz:for us, we've only hired senior engineers across the board for
Jay Berkowitz:very many similar reasons to what you mentioned. And we're
Jay Berkowitz:seeing the new generation that's grown up with pure AI, which
Jay Berkowitz:exists now. You know, I think I even had a phone growing up for
Jay Berkowitz:a long time. They are thinking about problems in a very
Jay Berkowitz:different way, and it's causing some really incredible new
Jay Berkowitz:changes, right? And I think we're just entering that phase,
Jay Berkowitz:and I think we haven't, you know, I think we'll be fine.
Jay Berkowitz:It's my optimistic, optimistic look on life.
Jay Berkowitz:Talked about digital natives and the way the
Jay Berkowitz:generation comes to projects, but now you're saying, AI
Jay Berkowitz:digital native coders would just envision the solution so much
Jay Berkowitz:further ahead than I possibly could. So anyways, thank you for
Jay Berkowitz:sharing this fascinating journey. I'll just get to the
Jay Berkowitz:final questions. We've done this on this podcast for probably
Jay Berkowitz:close to 15 years, and we ask the sort of short one liners,
Jay Berkowitz:and this will be a great question and answer for someone
Jay Berkowitz:use I imagine you're covering:Jay Berkowitz:every week. So what apps or techniques do you use for
Jay Berkowitz:personal productivity?
Jay Berkowitz:Jayanth “Jay” Madheswaran: I tend to use Gemini deep research
Jay Berkowitz:or deep research, in any one of these providers, quite a bit.
Jay Berkowitz:For example, even before this interview, deep research found
Jay Berkowitz:everything about you, Jay and the 10 golden hurdles, and
Jay Berkowitz:helped me prepare you know, for this podcast,
Jay Berkowitz:what's the most interesting thing it shared?
Jay Berkowitz:Jayanth “Jay” Madheswaran: I think basically it talked about
Jay Berkowitz:you advertising for things like Coca Cola, which I didn't know
Jay Berkowitz:about, that's really cool, and talked about your philosophy
Jay Berkowitz:behind the 10 golden rules, and found some things about you, and
Jay Berkowitz:also like how you'd like to interview people. So it actually
Jay Berkowitz:did a pretty thorough job. I thought,
Jay Berkowitz:yeah, and it saved you from going to my
Jay Berkowitz:LinkedIn, where it would have said that I was a former
Jay Berkowitz:director of marketing for Coca Cola and listening to all my
Jay Berkowitz:podcast interviews on our YouTube channel, etc, exactly.
Jay Berkowitz:It just so deep research. So what kind of prompt did you
Jay Berkowitz:write in Gemini deep research?
Jay Berkowitz:Jayanth “Jay” Madheswaran: So Gemini deep research works a
Jay Berkowitz:little bit differently, to open AI where you can actually tweak
Jay Berkowitz:the plans it comes up with, yeah, so what I typically do is
Jay Berkowitz:like, you know, just, hey, I'm having this meeting coming up,
Jay Berkowitz:very casual, like meeting coming up with Jay. And, you know, he
Jay Berkowitz:runs 10 golden rules. Help me prepare for it. And it comes up
Jay Berkowitz:with a plan, and I just go edit the plan of, no, I mean, this
Jay Berkowitz:is, you know, it, I think it hooked on your marketing
Jay Berkowitz:services. Or so and help them improve the podcast, I'm like,
Jay Berkowitz:no, no, that's not what I want. Do this instead. Do this
Jay Berkowitz:instead. Fantastic.
Jay Berkowitz:I love it. Do you have a personal wellness and
Jay Berkowitz:fitness routine?
Jay Berkowitz:Jayanth “Jay” Madheswaran: Yes, my wife and I actually wake up
Jay Berkowitz:at five, 530 every morning, and we have a gym that we built in
Jay Berkowitz:the house, great. And we work out with a trainer from Croatia,
Jay Berkowitz:of all things. And you know that is, that is, I think, been the
Jay Berkowitz:biggest change. Because, like, you know my, I'm sure you know
Jay Berkowitz:this too, I have a kid, and as soon as he wakes up, the day
Jay Berkowitz:goes to becomes all around him. Exactly we get, we get at least
Jay Berkowitz:an hour of alone time working out before that happens, which
Jay Berkowitz:is very, I think, makes me happy.
Jay Berkowitz:I heard a line recently, the heaviest thing
Jay Berkowitz:that you have to lift in the gym is the door to get yourself
Jay Berkowitz:inside.
Jay Berkowitz:Jayanth “Jay” Madheswaran: All that problem
Jay Berkowitz:right here at home that that's
Jay Berkowitz:Jayanth “Jay” Madheswaran: and the same thing with the trainer.
Jay Berkowitz:The trainer just calls and you know, you can't It's rude to
Jay Berkowitz:hang up, so you pick it up and you have nothing better to do
Jay Berkowitz:than work out.
Jay Berkowitz:You have to let him in. Right? Exactly. That's
Jay Berkowitz:awesome. What do you recommend as your best business books?
Jay Berkowitz:Jayanth “Jay” Madheswaran: Ooh, I kind of have an unconventional
Jay Berkowitz:answer, which is, these aren't actually business books, but
Jay Berkowitz:Nassim Taleb, he's like a mathematician. He's written
Jay Berkowitz:probably famous books like Black Swan. There's one that I like in
Jay Berkowitz:particular, called anti fragile, and it's really meant more from
Jay Berkowitz:a market perspective, like, how does a market become less
Jay Berkowitz:fragile? But I found a lot of those principles are actually
Jay Berkowitz:applicable to how you run your life in a way in which it's not
Jay Berkowitz:fragile, right? So what happens? You know, most people, if you
Jay Berkowitz:don't get the next paycheck, you don't know what to do with your
Jay Berkowitz:life, and kind of rethinking your life and structuring it in
Jay Berkowitz:a way where, like he says, anti fragile, I found to make a
Jay Berkowitz:pretty big impact. And I think probably what pushed me on the
Jay Berkowitz:entrepreneurial journey.
Jay Berkowitz:Love it. What blogs, podcasts or YouTubes Do
Jay Berkowitz:you subscribe to? And when something hits your feed, you
Jay Berkowitz:stop everything else and listen to
Jay Berkowitz:Jayanth “Jay” Madheswaran: it's a good question. You know, for
Jay Berkowitz:longest time, I used to like this podcast called The Founders
Jay Berkowitz:podcast, where it was like it goes to the biographies of old
Jay Berkowitz:founders and spends a bit more time thinking about that thought
Jay Berkowitz:process, which I enjoy more so than the history. So that was,
Jay Berkowitz:that was one for a long time, I think more recently, just given
Jay Berkowitz:how quickly AI is moving, there is one called AI daily brief,
Jay Berkowitz:which is, unfortunately, today become quite ads heavy, but it
Jay Berkowitz:basically captures all the latest developments in AI on a
Jay Berkowitz:daily basis. And there's a lot happening these days. Yeah,
Jay Berkowitz:exactly. And it gives me a chance to kind of catch up on my
Jay Berkowitz:community work.
Jay Berkowitz:Yeah, the founders approach, like a lot of
Jay Berkowitz:people say, read biographies, which, yes, I try and
Jay Berkowitz:intersperse with business books and AI books. I
Jay Berkowitz:Jayanth “Jay” Madheswaran: think the right of a lifetime is a
Jay Berkowitz:really good one for the audience, the Disney the Disney
Jay Berkowitz:one great.
Jay Berkowitz:What is your NFL or sports team?
Jay Berkowitz:Jayanth “Jay” Madheswaran: You know, I have a bad answer here,
Jay Berkowitz:which is, I don't actually watch any sports. Back when I was
Jay Berkowitz:really into tennis, I love watching anything with fetter or
Jay Berkowitz:Nadal. But unfortunately, those Troy retired. Now I haven't
Jay Berkowitz:exactly, hey, well, look Alcaraz center, when
Jay Berkowitz:you when you're ready to find some time for tennis, it looks
Jay Berkowitz:like it's going to be the next great. Oh, is that right? Some
Jay Berkowitz:of those matches. Oh, yeah, yeah, just watch the Wimbledon
Jay Berkowitz:final. It was fantastic.
Jay Berkowitz:Jayanth “Jay” Madheswaran: Okay, I'll load up the highlights.
Jay Berkowitz:Yeah, and the French Open. US opens, these
Jay Berkowitz:guys have won, I think, eight of the last eight major bombs
Jay Berkowitz:between the two of them. So last two questions, what's a great
Jay Berkowitz:introduction for you? Who should we send Eve's way?
Jay Berkowitz:Jayanth “Jay” Madheswaran: Yeah, absolutely. The best way to
Jay Berkowitz:reach us is at our website. So it's e v e dot legal. And you
Jay Berkowitz:know, we have we're growing pretty rapidly. If you want to
Jay Berkowitz:join us as well, if you're into building a next generation of
Jay Berkowitz:plane to flop, please apply. We're looking for all sorts of
Jay Berkowitz:people, and I would be encouraged if you guys just
Jay Berkowitz:tested it out, like we have a free demo and pilot. And
Jay Berkowitz:typically, even if you don't end up purchasing, you'll know what
Jay Berkowitz:to do, hopefully to speed up your day. And at minimum, I
Jay Berkowitz:would love to kind of give that to you.
Jay Berkowitz:Fantastic. And where can people get in touch
Jay Berkowitz:with you?
Jay Berkowitz:Jayanth “Jay” Madheswaran: So I'm found on LinkedIn with my
Jay Berkowitz:very difficult to spell last name, Jay Madheswaran. And you
Jay Berkowitz:can also follow Eve legal at LinkedIn as well. And we're our
Jay Berkowitz:Twitter presence isn't great. We're trying to get better at
Jay Berkowitz:it. And if you have any things you want to add, just message us
Jay Berkowitz:somewhere, and we'll get back to
Jay Berkowitz:you. Hey, here's my marketing tip that makes all
Jay Berkowitz:that easy, and that is just produce one piece of content,
Jay Berkowitz:like every week, or, in your you guys case, every day. And the
Jay Berkowitz:one of the best things to do is just answer a question. Do? So
Jay Berkowitz:okay, if you just like to take questions that you're getting
Jay Berkowitz:from customers or even better prospects, answer one great idea
Jay Berkowitz:day, and then what we do for our clients is we cascade that. So
Jay Berkowitz:you're probably not gonna have time, but you could have, like,
Jay Berkowitz:maybe when you're marketing people just answer that question
Jay Berkowitz:and run around to the different texts and get, get the answer.
Jay Berkowitz:And if you do it on video, it's great. You put it on on YouTube
Jay Berkowitz:and all the socials, and then we call it cascading, like a river
Jay Berkowitz:cascades over waterfall and creates many waterfalls and many
Jay Berkowitz:rivers, little streams, that one answer becomes the first piece
Jay Berkowitz:of content on YouTube or wherever, and then it's just
Jay Berkowitz:super easy for your marketing folks to cascade it everywhere
Jay Berkowitz:else. That at least gives you a baseline presence on Twitter and
Jay Berkowitz:Tiktok and Insta and everywhere else. And all of a sudden you've
Jay Berkowitz:just got really helpful, valuable content as a baseline.
Jay Berkowitz:And obviously, if you can do really smart social on top of
Jay Berkowitz:that's great,
Jay Berkowitz:Jay, you're giving me all sorts of ideas. I'm going to put this
Jay Berkowitz:into action right away. Actually, this is great.
Jay Berkowitz:Jayanth “Jay” Madheswaran: It's my TED talk that I just haven't
Jay Berkowitz:done yet. You should do it. That's That's fantastic. Yeah,
Jay Berkowitz:yeah, I'm amazed, because I've
Jay Berkowitz:been talking about it for 10 years. But
Jay Berkowitz:nobody else has done the TED talk so But Jay, thank you so
Jay Berkowitz:much. This was great. And everyone you know, check out
Jay Berkowitz:Eve, and if you haven't dipped your toe in the AI waters,
Jay Berkowitz:you're overdue.
Jay Berkowitz:Jayanth “Jay” Madheswaran: Thank you so much. Well, thank you so
Jay Berkowitz:much.