E39 - AI vs Legacy SaaS in Legal: Min-Kyu Jung, CEO Ivo

About this episode

Zach discusses the challenges and strategies of AI startups in the legal tech space with Min-Kyu Jung, CEO of Ivo.

Zach sits down with Min-Kyu Jung, founder of Ivo, to unpack one of the most honest AI startup stories in legal tech. This episode explores what it really takes to pivot in an AI revolution, why CLM may be in trouble, and how in-house legal teams are rethinking ROI in the age of AI.In this episode: Why Ivo scrapped its original product to go all-in on LLMs The “innovator’s dilemma” facing legacy CLM vendors Why in-house legal and law firms are fundamentally different AI markets How AI playbooks and redlining actually create ROI The shift from “adoption” to measurable business impact Why speed often matters more than accuracy in AI UX How contract intelligence is becoming CLM 2.0 Learn More: Min-Kyu - https://www.auckland.ac.nz/en/alumni/our-alumni/40-under-40/a-z-list-of-profiles/min-kyu-jung.html Zach - https://www.legallydisrupted.com/ Follow Along: Min-Kyu - https://www.linkedin.com/in/min-kyu-jung Zach - linkedin.com/in/zachabramowitz

People in this episode

Host: Zach Abramowitz

Guest: Min-Kyu Jung

Topics covered

• AI in legal tech
• legacy SaaS
• contract lifecycle management
• in-house legal teams
• business impact of AI
• pivoting in startups

Keywords

• AI startup
• legal tech
• CLM
• ROI
• contract intelligence
• business impact
• LLMs
• innovator's dilemma

Mentioned in this episode

Organizations: Ivo, CLM, AI

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