Goldman Killed Boilerplate. Big Law Litigation Is Next.
Goldman Killed Boilerplate. Big Law Litigation Is Next.
The LexText Team
Updated:
Sep 16, 2025
Table of Contents
95% drafted faster. The 5% is where you win.
When Goldman Sachs’ CEO David Solomon said in January 2025 that AI can draft 95% of an IPO prospectus in minutes, Wall Street took notice. For decades, the S-1 was the grind: weeks of junior bankers buried in disclosures, financial tables, and boilerplate. What once justified seven-figure fees is now minutes of compute.
If Goldman, a conservative and risk-averse institution, can trust AI with market-moving filings, what does that mean for law? The analogy is not one-to-one. Litigation turns on caselaw and facts in a way securities filings do not. But the parallel is still instructive.
95% drafted faster. The 5% is where you win.
When Goldman Sachs’ CEO David Solomon said in January 2025 that AI can draft 95% of an IPO prospectus in minutes, Wall Street took notice. For decades, the S-1 was the grind: weeks of junior bankers buried in disclosures, financial tables, and boilerplate. What once justified seven-figure fees is now minutes of compute.
If Goldman, a conservative and risk-averse institution, can trust AI with market-moving filings, what does that mean for law? The analogy is not one-to-one. Litigation turns on caselaw and facts in a way securities filings do not. But the parallel is still instructive.
95% drafted faster. The 5% is where you win.
When Goldman Sachs’ CEO David Solomon said in January 2025 that AI can draft 95% of an IPO prospectus in minutes, Wall Street took notice. For decades, the S-1 was the grind: weeks of junior bankers buried in disclosures, financial tables, and boilerplate. What once justified seven-figure fees is now minutes of compute.
If Goldman, a conservative and risk-averse institution, can trust AI with market-moving filings, what does that mean for law? The analogy is not one-to-one. Litigation turns on caselaw and facts in a way securities filings do not. But the parallel is still instructive.
From Wall Street to Courtrooms: The 95/5 Shift
Litigation filings, like S-1s, are long, structured, and full of predictable scaffolding. Complaints, motions, and discovery requests reuse large portions of text and analysis from matter to matter. Only a fraction is truly case-specific.
In litigation, this is not “one click.” It is a guided set of steps that forces engagement with the law. You select claims or defenses, confirm elements, review controlling authority, examine rationale and likely counterarguments, and then assemble the draft. The baseline comes together quickly, and your judgment focuses on the legal calls that decide the case.
Litigation filings, like S-1s, are long, structured, and full of predictable scaffolding. Complaints, motions, and discovery requests reuse large portions of text and analysis from matter to matter. Only a fraction is truly case-specific.
In litigation, this is not “one click.” It is a guided set of steps that forces engagement with the law. You select claims or defenses, confirm elements, review controlling authority, examine rationale and likely counterarguments, and then assemble the draft. The baseline comes together quickly, and your judgment focuses on the legal calls that decide the case.
Litigation filings, like S-1s, are long, structured, and full of predictable scaffolding. Complaints, motions, and discovery requests reuse large portions of text and analysis from matter to matter. Only a fraction is truly case-specific.
In litigation, this is not “one click.” It is a guided set of steps that forces engagement with the law. You select claims or defenses, confirm elements, review controlling authority, examine rationale and likely counterarguments, and then assemble the draft. The baseline comes together quickly, and your judgment focuses on the legal calls that decide the case.
Why This Matters for Litigators
This is not about speed for speed’s sake. It is about better lawyering.
Comprehensive coverage. Required elements and controlling authority are systematically surfaced. Coverage checks flag gaps before a partner does.
Strategic depth. With the scaffolding handled, more time goes to stress-testing arguments, anticipating counterpoints, and sharpening the story. Because each step requires you to confirm elements and rationale, you cannot gloss over the law.
Modern expectations. General counsel expect quality and defensibility. Firms that spend premium time on commodity structure will look outdated.
Goldman’s message was clear. Do not spend premium time on boilerplate. Spend it on what moves markets. In litigation, spend it on what wins.
This is not about speed for speed’s sake. It is about better lawyering.
Comprehensive coverage. Required elements and controlling authority are systematically surfaced. Coverage checks flag gaps before a partner does.
Strategic depth. With the scaffolding handled, more time goes to stress-testing arguments, anticipating counterpoints, and sharpening the story. Because each step requires you to confirm elements and rationale, you cannot gloss over the law.
Modern expectations. General counsel expect quality and defensibility. Firms that spend premium time on commodity structure will look outdated.
Goldman’s message was clear. Do not spend premium time on boilerplate. Spend it on what moves markets. In litigation, spend it on what wins.
This is not about speed for speed’s sake. It is about better lawyering.
Comprehensive coverage. Required elements and controlling authority are systematically surfaced. Coverage checks flag gaps before a partner does.
Strategic depth. With the scaffolding handled, more time goes to stress-testing arguments, anticipating counterpoints, and sharpening the story. Because each step requires you to confirm elements and rationale, you cannot gloss over the law.
Modern expectations. General counsel expect quality and defensibility. Firms that spend premium time on commodity structure will look outdated.
Goldman’s message was clear. Do not spend premium time on boilerplate. Spend it on what moves markets. In litigation, spend it on what wins.
Why Generic AI Is Risky In Litigation
Generic chatbots are not built for litigation practice. They create risk.
If your AI cannot cite real cases inline, match your firm’s templates and style, and operate in a secure, segregated environment, it is a liability, not an asset.
That is why we built LexText. It is litigation-specific, SOC 2 secure, and integrated with legal research. It guides you through the legal choices, then produces a baseline that reads like your work product, with rationale and coverage checks built in.
How LexText forces engagement with the law:
Choose claims or defenses. Confirm every element.
Select controlling authority and open the cases directly.
Record rationale and surface likely counterarguments.
Run coverage checks that flag missing elements or weak support before you assemble the draft.
Map the finished document to your firm’s templates and style.
LexText is backed by former GCs and CLOs of Uber, Oracle, Twitter, SoFi, and Dropbox, and advised by leaders from OpenAI and Google. Trial teams already use it to move from blank pages to persuasive filings.
Generic chatbots are not built for litigation practice. They create risk.
If your AI cannot cite real cases inline, match your firm’s templates and style, and operate in a secure, segregated environment, it is a liability, not an asset.
That is why we built LexText. It is litigation-specific, SOC 2 secure, and integrated with legal research. It guides you through the legal choices, then produces a baseline that reads like your work product, with rationale and coverage checks built in.
How LexText forces engagement with the law:
Choose claims or defenses. Confirm every element.
Select controlling authority and open the cases directly.
Record rationale and surface likely counterarguments.
Run coverage checks that flag missing elements or weak support before you assemble the draft.
Map the finished document to your firm’s templates and style.
LexText is backed by former GCs and CLOs of Uber, Oracle, Twitter, SoFi, and Dropbox, and advised by leaders from OpenAI and Google. Trial teams already use it to move from blank pages to persuasive filings.
Generic chatbots are not built for litigation practice. They create risk.
If your AI cannot cite real cases inline, match your firm’s templates and style, and operate in a secure, segregated environment, it is a liability, not an asset.
That is why we built LexText. It is litigation-specific, SOC 2 secure, and integrated with legal research. It guides you through the legal choices, then produces a baseline that reads like your work product, with rationale and coverage checks built in.
How LexText forces engagement with the law:
Choose claims or defenses. Confirm every element.
Select controlling authority and open the cases directly.
Record rationale and surface likely counterarguments.
Run coverage checks that flag missing elements or weak support before you assemble the draft.
Map the finished document to your firm’s templates and style.
LexText is backed by former GCs and CLOs of Uber, Oracle, Twitter, SoFi, and Dropbox, and advised by leaders from OpenAI and Google. Trial teams already use it to move from blank pages to persuasive filings.
The Bottom Line: Raise the Floor, Free the Ceiling
When AI handles the 95%, the baseline gets faster and more reliable. The human edge in judgment, strategy, and narrative becomes more valuable.
For litigators, that means more matters without more burnout. Better filings because time shifts to arguments. Happier clients who see quality and defensibility.
Most important, it restores time to the law itself. More time in the cases. More time pressure-testing rationale. More time anticipating counterarguments. The work is not only faster. It is smarter.
When AI handles the 95%, the baseline gets faster and more reliable. The human edge in judgment, strategy, and narrative becomes more valuable.
For litigators, that means more matters without more burnout. Better filings because time shifts to arguments. Happier clients who see quality and defensibility.
Most important, it restores time to the law itself. More time in the cases. More time pressure-testing rationale. More time anticipating counterarguments. The work is not only faster. It is smarter.
When AI handles the 95%, the baseline gets faster and more reliable. The human edge in judgment, strategy, and narrative becomes more valuable.
For litigators, that means more matters without more burnout. Better filings because time shifts to arguments. Happier clients who see quality and defensibility.
Most important, it restores time to the law itself. More time in the cases. More time pressure-testing rationale. More time anticipating counterarguments. The work is not only faster. It is smarter.
Try It On Your Work
LexText is built by litigators for litigators. We guide your team through the law and assemble the 95% baseline, so you can focus on the 5% that wins.
Bring a recent motion or complaint to a short walkthrough. We will build it together step by step with your style, your citations, and your security.
Ready to see it on your matters? Request a demo →
LexText is built by litigators for litigators. We guide your team through the law and assemble the 95% baseline, so you can focus on the 5% that wins.
Bring a recent motion or complaint to a short walkthrough. We will build it together step by step with your style, your citations, and your security.
Ready to see it on your matters? Request a demo →
LexText is built by litigators for litigators. We guide your team through the law and assemble the 95% baseline, so you can focus on the 5% that wins.
Bring a recent motion or complaint to a short walkthrough. We will build it together step by step with your style, your citations, and your security.
Ready to see it on your matters? Request a demo →
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