Sabih Siddiqi’s last day as a full-time associate at Watson Farley & Williams was May 2. His legal tech startup Iqidis publicly launches Wednesday.
“No one really goes to law school thinking ‘Hey I’m not going to practice,’” he told me. “They don’t think ‘I’m going to legal tech.’”
Siddiqi says there are signs that more lawyers, and other professionals like doctors, will use their training as innovators and entrepreneurs because of gen AI. Not only is the technology creating new business ideas, but it’s also allowing founders to maximize their productivity. Siddiqi, for example, said using ChatGPT sped up the development of Iqidis, which is aimed at assisting with legal drafting and research.
Siddiqi said he thinks that kind of involvement is good for legal tech. There’s a lot of legal tech products out there, including ones like Iqidis. But much of the legal tech market is a bit too focused on the “tech” part and less on the “legal” element, Siddiqi told me.
“They’re all great tools in some sense, but they’re built kind of from the Silicon Valley perspective, not from the lawyer perspective,” he said.