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/

MiAI’s LinkedIn: https://www.linkedin.com/company/miai-law/

MiAI’s Website: https://miai.law/

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