Why Top Law Firms and Judges Are Turning to AI for Legal Research

On this episode of The SaaS CFO Podcast, Ben Murray welcomes Laina Chan, CEO and founder of MiAI Law, to discuss the intersection of legal expertise and cutting-edge AI. With a three-decade career as a construction law barrister and a background in mathematics, Laina Chan shares how her experiences led to building a platform that transforms legal research and risk management.

Laina Chan explains how MiAI Law stands apart by replicating the way barristers think, offering precise, first-principles of legal analysis and verification—features now attracting judges, large law firms, and in-house counsel. She dives into the challenges of bringing AI into traditional legal workflows, recent fundraising wins, and the company’s approach to value-based pricing given the high demands of AI inference.

Looking ahead, Laina Chan talks about MiAI Law’s rapid growth, its entry into the US market, and ambitious plans to reach $1 million in annual recurring revenue. Listen in for exclusive insights on building and scaling an AI-driven SaaS business in the evolving legal tech landscape.

Show Notes:

00:00 Unexpected markets for legal tech

05:38 Legal document analysis tools

06:34 Legal risk management system overview

10:27 Testing error validation with a judge

13:58 Subscription pricing and package features

19:17 Microsoft partnership and Azure listing

20:40 Potential UK firm subscription

23:26 Crafting detailed reports

Links:

SaaS Fundraising Stories: https://www.thesaasnews.com/news/miai-law-secures-aud-2-million-in-funding

Laina Chan’s LinkedIn: https://www.linkedin.com/in/lainachanbarrister/