Fixing the Missing Layer in Legal AI: Introducing PointOne

At 8VC, we invest in technologies that transform antiquated processes in old-line industries. Law is one of the most entrenched. For decades, it resisted the modernization that swept through nearly every other corner of the private sector. 

AI has finally started to reshape how legal work gets done, but almost all of the attention and venture dollars have gone towards automating the practice of law. The business of law (timekeeping, billing, compliance, pricing, staffing, and firm intelligence) has largely been overlooked. The operational infrastructure that determines whether a firm actually captures value from its work remains manual and fragmented. 

This is a structural problem. Law firms can deploy the most sophisticated AI research tools, but if they can’t accurately capture time, price work, and collect revenue, none of it compounds. The practice side is only as strong as the business foundation beneath it. 

This is where PointOne comes in.

The Problem 

Lawyers track their work in six-minute increments, writing detailed descriptions of every task. This process is universally despised and imperfect. Partners then spend 10+ hours each month reviewing hundreds of pages of those entries to catch errors, and billing admins spend more time incorporating markups and regenerating bills.

The revenue leakage is staggering. According to Clio's Legal Trends Report, the average lawyer bills just 2.6 hours of an eight-hour workday, a utilization rate of roughly 33%. Delaying time entry to the end of the day loses around 10% of billable hours; waiting until the next day, 25%. 

Timekeeping tools haven't meaningfully solved this problem. They digitize the existing workflow without reimagining it. Lawyers are still manually entering time, losing revenue to forgotten entries, and drowning in administrative work that pulls them away from clients.

If AI could truly eliminate this process, not just digitize it, the market pull would be immediate.

The Founders

We've partnered with Katon Luaces (CEO) and Jeremy Ben-Meir (CTO) from the outset, and have watched them grow into every dimension of exceptional founders. 

Katon and Jeremy can play every position on the field: sell to skeptical managing partners, architect deeply technical AI systems, recruit world-class engineers, and navigate the idiosyncrasies of an industry that is simultaneously conservative and in upheaval. They've built a business with real traction, significant revenue impact, genuine customer love, and scaled the team meaningfully to match.

We’re proud to lead PointOne’s Series A and keep building alongside a team that has exceeded every expectation since we first bet on them. 

The Product

PointOne has solved the timekeeping and billing problem in a way that actually works. The platform passively captures data from every application an attorney uses (documents, email, calendar, web, calls), applies AI to interpret those activities and generates complete, contextual time entries that comply with firm and client billing rules. A pre-bill review product flags compliance issues, enforces outside counsel guidelines, and streamlines a process that historically consumed partners' most valuable hours. An intelligence layer on top gives firms real-time visibility into how employees spend their time, where bottlenecks exist, and how to more effectively approach staffing as well as pricing. 

The results are concrete. Firms using PointOne capture 6–11% more billable time per day. One customer cut billing preparation time in half. 

The legal industry is in the early innings of a profound business model transformation. Clients are demanding fixed fees, caps, budgets, and transparency – and firms are scrambling to blindly adapt. 

Law firms don't have a granular understanding of what tasks cost, what margins look like on specific matters, or where their most valuable people are spending time. PointOne gives firms that visibility. By automating timekeeping, enforcing billing compliance, and surfacing intelligence about how work flows through the firm, PointOne equips firms with the data infrastructure to operate intelligently as the rules of the game evolve.

Companies that help incumbents understand their business during periods of rapid change can accrue enormous value, especially when they enable the successful transition into a new era rather than merely documenting the old one.

The Road Ahead

Timekeeping and billing are just the beginning. The data and intelligence layer powering automated time capture opens the door to much more: process mining to understand how work actually flows through a firm, discovery tools to identify where AI should be deployed, and pricing intelligence to navigate an increasingly complex fee landscape.

The opportunity also extends well beyond law. Accounting firms, consultancies, and other professional services share the same billing structures, behavior patterns, and macro pressures driving the shift toward new business models. PointOne is positioned to win across these sectors and in doing so, create value for everyone in the ecosystem. 

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If this opportunity resonates, PointOne is building out their ambitious team. Learn more at pointone.com/careers.