Home›Companies›Olive Legal

Olive Legal

Y Combinator LogoS24
Active
 
https://olive.legal

AI medical summaries for injury lawyers

Olive uses AI to summarize client medical records for personal injury lawyers. We're at $13k MRR after launching eight weeks ago, and law firms choose us because we double paralegal efficiency. As we take over more legal workflow, Olive will serve victims of medical malpractice directly. Sam's ex-girlfriend introduced him to Greg back at CMU in 2017, and while that relationship didn't last, their friendship has. After undergrad, Greg went to Harvard Law School, while Sam worked for three years at Jane Street, building & leading a satellite dev team. Greg graduated, Sam quit, and we founded Olive with a big idea: use AI to make the law more accessible. We started with AI in corporate law given Greg's background, but quickly realized the space was crowded, and turned our attention to the under-competed $65B personal injury market. AI disruption makes a lot of sense in personal injury because the incentives are aligned—plaintiff lawyers are paid on contingency, and therefore love time-saving tools. We have competitors who have proven substantial demand for medical summaries, but they operate at best on hybrid human/AI approaches with multi-day turnarounds. We think there's space for an AI solution that cuts humans out of the loop entirely, and we think we're the right team to do it. We're focusing on the medical malpractice niche within personal injury, because there's a massive access to justice problem: medical malpractice lawyers decline most cases under $500k since they're too expensive to litigate. An estimated 80% of medical malpractice victims can't secure representation right now. We estimate this latent demand at $48bn/year. We are on a mission to unlock this value.
Olive Legal
Founded:2024
Team Size:2
Location:
Group Partner:Harj Taggar
  

Active Founders

Greg Volynsky, Founder

Co-founder and CEO of Olive. graduated Harvard Law School, where I focused on constitutional law, comparative electoral systems, and avoiding contract law. interested in 20th century political history, Soviet bard music & climbing.
Greg Volynsky
Greg Volynsky
Olive Legal
 

Sam Damashek, Founder

Sam is the co-founder and CTO of Olive. He worked for three years at Jane Street on the options trading desk writing algorithmic strategies using applied ML, for two years in NYC and then one year in Hong Kong, where he built out a satellite dev team for the Asia options markets. He graduated with a BS in Computer Science from CMU, where for some reason he led a fledging constitutional law debate team, never to victory though frequently to Ohio.
Sam Damashek
Sam Damashek
Olive Legal
 

Company Launches

Olive Legal: AI summaries of medical records for personal injury lawyers

tl;dr: Olive uses AI to summarize client medical records for personal injury lawyers. We're at $13k MRR after launching eight weeks ago, and PI firms choose us because we double the efficiency of their paralegals.

Hi everyone! We’re Sam and Greg, and we’re the team behind Olive.

Sam's ex-girlfriend introduced him to Greg back at CMU in 2017, and while that relationship didn't last, our friendship has. After undergrad, Greg (left) went to Harvard Law School ⚖️, while Sam (right) worked for three years at Jane Street, including a year in Hong Kong, where he built out a satellite dev team for the algo options trading desk 📈.

Greg graduated, Sam quit, and we founded Olive with a big idea: use AI to make the law more accessible. Given Greg's background, we started with AI in corporate law but quickly realized the space was crowded and turned our attention to the under-competed $65B personal injury market.

Why personal injury law?

The incentives are aligned—plaintiff lawyers are paid on contingency and, therefore, love time-saving tools. Paralegals are expensive, and LLMs are getting good enough that, with care, they can replace specific paralegal tasks.

Why Olive?

We have competitors who have proven substantial demand for medical chronologies, but they operate at best on hybrid human/AI approaches with multi-day turnarounds. We think there's space for an AI solution that cuts humans out of the loop entirely with instant turnarounds, and we think we're the right team to do it.

Okay, but actually, why call it Olive 🫒?

I guess we liked the color scheme?

What’s next?

Olive will serve victims of medical malpractice directly.

Today, over 80% of victims of medical malpractice never seek remedy. Most attorneys reject cases worth less than $500,000, because of high costs (especially expert witnesses) and case duration. We estimate this latent demand at $50b/year.

We will unlock this value. As we take over more legal workflow & build partnerships with malpractice attorneys, we they will refer lower-value cases to us. We will handle the case end-to-end, with outside attorneys plugging in at the edge.

There is yet to be a unicorn AI-first law firm—we plan to be the first.

Our ask 🙏

If you know any personal injury lawyers, send them over to our website, or have them book a demo directly!