Spiegel named Clio as a primary competitor and described Clio Con as probably the best user conference in the legal industry. He also referenced Harvey and Spellbook as AI-focused legal technology companies, though he expressed skepticism about valuations for companies he characterized as glorified ChatGPT wrappers. Spiegel said he believes companies like Harvey and Clio, which use proprietary legal data at scale, represent the more durable AI opportunity in the legal space.
All characterizations of competitor products, valuations, and market positions above are Spiegel's stated opinions and are not confirmed figures from those companies. MyCase, which Spiegel founded and sold, is now estimated by him to be generating $150 million to $200 million in ARR and valued at approximately $2.5 billion, though these are his estimates and not company-confirmed figures. ABA Tech Show was named as another key industry conference where Lawmatics competes for visibility.