Market Opportunity

Gross estimates from the Web put the number of lawyers worldwide at around 20 million. We target the subset of those lawyers who deal with a particular class of legal documents — rules. This includes private contracts and agreements, public laws and regulations, and private policies and regulations of any kind. Not all lawyers deal with all of these, but most lawyers deal with them some of the time.

We help such professionals understand the propositional logic of such documents. For the purposes of logic, it doesn’t matter what the propositions say, or in what language they say it. Because we use GPTs as a front-end to isolate the propositional components of rules, they can be expressed in any natural language that the LLM understands. So our software can be used to understand the logic of all rule documents in all languages without any specific internationalization in our software. This makes the entire worldwide market available from the beginning.

There are many quasi-legal professionals who are not lawyers who also regularly deal with understanding, processing, administering, or adjudicating legal rules. These professionals are also part of the opportunity, perhaps more so because their logical skills will be a little less developed than those of lawyers.

Another ancillary market is law schools and their students. Law schools currently teach logical analysis of legal documents informally, without access to formal tools. LogicMaps are a natural pedagogical fit.

When software developers implement public-facing applications of government regulations, or private compliance checking applications for regulated business, these non-lawyers must re-express the exact logic of natural language rules as if-then-else statements in code. LogicMaps can be crucial for getting this right.

And finally, though we can’t quantify it, ordinary citizens who have private brushes with public regulations or private contracts are potential consumers of LogicMaps.

The pain point of dealing with complex rules on the part of all of these groups is easily recognized, but to our knowledge, there is no software solution that directly addresses it.