Q+A with Jack Tame The AI startup that could radically change legal profession
Mar 28, 2026
Min-Kyu Jung, a lawyer-turned-founder and CEO of Ivo, leads an AI contract intelligence platform. He discusses how AI enables contract review and large-scale extraction. He talks about integrating LLMs into a robust product, tackling hallucinations, and why he moved the company to Silicon Valley for scale.
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From Auckland Lawyer To Founder Who Learned To Code
- Min-Kyu taught himself to code after finding no overlap between lawyers and software engineers in his NZ network.
- He built an initial product, raised an early round, and moved the company to San Francisco to scale.
Lawyers Split On Early AI Because Models Were Raw
- Early lawyer responses to Ivo were split: some loved it, others hated replacing judgment with automation.
- Min-Kyu notes models were immature then but predictably improved each 6–12 months toward viability.
Treat LLMs As Building Blocks Not Finished Products
- Use large language models as a component inside a broader system and expect capability gains as scale (compute/data) improves.
- Min-Kyu cites GPT-4 as the industry starting gun and the 'bitter lesson' that more compute/data predictably yields new capabilities.