{"id":905569,"date":"2026-09-22T17:14:14","date_gmt":"2026-09-22T17:14:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/905569\/"},"modified":"2026-09-22T17:14:14","modified_gmt":"2026-09-22T17:14:14","slug":"ai-tool-vero-aims-to-bring-down-legal-costs-for-small-businesses","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/905569\/","title":{"rendered":"AI tool Vero aims to bring down legal costs for small businesses"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/L3KLMTTBJ5ETZHN33DKM4RQZT4.JPG?auth=68389c7ff05245735f345f9298c016010a45978692cd7e680fb86fc4970bfeea&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">With the right prompts, Vero can draft employment agreements, review contracts, put together reports on growth plans, and conduct business health checks, among other tasks, according to Vistera.ai founder Aaren Terrett.Jennifer Gauthier\/The Globe and Mail<\/p>\n<p class=\"c-article-body__text text-pr-5\">As a small business owner, Royce Sin is blunt about his frustration with getting legal advice. Costs add up quickly, he said, because lawyers bill for \u201cevery small thing.\u201d <\/p>\n<p class=\"c-article-body__text text-pr-5\">A month ago, through word of mouth, Mr. Sin found an AI tool that professed to handle human resources, legal and finance work for small businesses at a flat fee. \u201cI decided to give it a shot. You pose your question to the AI agent, it gives you guided and structured advice, and then finds a human expert for you to consult with.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The agent, Vero, is the brainchild of Vancouver-based entrepreneur Aaren Terrett, who founded <a href=\"http:\/\/vistera.ai\" rel=\"nofollow noopener\" target=\"_blank\">Vistera.ai<\/a> last year, just as the legal AI market began to go mainstream, driven by widespread adoption of legal AI platforms such as Harvey and Clio, a Canadian company. Vero is LLM agnostic, meaning that it can work with any large language model, and was developed in-house by Vistera engineers. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Vistera is attempting to disrupt the market for small business lawyers by selling an AI tool that will effectively perform basic legal work for employers at a cost far less than what they would pay a law firm. Vero can now be accessed by small businesses in Ontario, British Columbia and Alberta. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Vistera itself has a close relationship with a full-service law firm, the Spraggs Group, in Coquitlam, B.C, where Mr. Terrett is president and chief operating officer. <\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cAs a small business law firm ourselves, we found that legal work was incredibly costly for things that only seemed to require a small amount of an actual lawyer\u2019s time. We also noticed that clients would avoid getting legal advice because of the costs. I figured there had to be a better way,\u201d Mr. Terrett said. <\/p>\n<p class=\"c-article-body__text text-pr-5\">With the right prompts, Vero can draft employment agreements, review contracts, put together reports on growth plans, conduct business health checks, among other tasks, according to Mr. Terrett. Vero\u2019s work is vetted by an actual lawyer, accountant or HR professional before it is sent back to the client. Often, all this work is done on the same day. <\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/investing\/personal-finance\/article-write-a-will-with-ai-chatbot\/\" rel=\"nofollow noopener\" target=\"_blank\">Writing a will? Don\u2019t trust a chatbot to do the grunt work, estate lawyers say<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">Within four weeks of launching Vero, Vistera signed on 25 small business clients and now employs approximately 70 lawyers, HR and accounting professionals behind the scenes to help vet the work.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Terrett noted that no piece of work performed by Vero gets to a client before it is vetted by an actual human, because errors can still take place. The advantage of Vistera\u2019s product, according to Mr. Terrett, is that it is simply faster and cheaper. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Sin, also based in Vancouver, runs a tech consulting company, Kinesin, which offers advice to other small businesses on AI systems and data integration. He has plans to expand his business this year, alongside launching a new software product and will rely heavily on Vero to assist him with legal, finance and HR paperwork. The critical factor for Mr. Sin throughout this process is predictability of cost. \u201cI can plan out how much it will cost to review contracts and onboard new employees because it is one flat fee for using Vero,\u201d he said. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Vistera only charges clients when the job is done, regardless of how long it took to complete the task, according to Mr. Terrett. An example of how using Vero is cheaper: Creating or redlining a contract often requires signing a retainer fee with a law firm. A lawyer might charge upwards of $600 an hour for the work, which, perhaps, takes three hours, Mr. Terrett said. Vistera will use Vero for all initial document intake, creation, first draft redlining and then present its work to the human lawyer in the loop, who will then complete and sign off on the contract. A client will be charged between $500 and $700 for that work, in addition to saving on the prepaid retainer fee. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Critics of legal AI, however, have warned that the technology is still in its infancy and not close to being able to replicate much of the work that lawyers do. Popular legal AI products on the market such as Harvey have been used by lawyers for years, mainly to speed up research and perform the work of legal assistants and paralegals, but lawyers still have to review their work. <\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/business\/article-among-canadas-lawyers-the-jury-is-still-out-on-ai\/\" rel=\"nofollow noopener\" target=\"_blank\">Among Canada\u2019s lawyers, the jury is still out on AI<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cThey simply do not help in the thinking and analyzing part of the job,\u201d said Jonathan Kleiman, a Toronto-based lawyer who runs his own firm and works mainly with small business owners. Mr. Kleiman said clients often come to him with research and drafts done by ChatGPT, asking if he can just review the work and offer them a discount. \u201cAnd I look at what ChatGPT has done and it\u2019s garbage. So it\u2019s actually more work for me.\u201d <\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Kleiman, however, believes that with the advent of tools such as Vistera\u2019s AI agent, the model of clients being billed by the hour will eventually change. \u201cHourly billing will become too expensive for clients when they know lawyers and firms are doing the work quickly with the help of AI,\u201d he said. Mr. Kleiman himself charges clients a flat fee, and said that he\u2019s managed to maintain a steady stream of customers over the past 15 years. <\/p>\n<p class=\"c-article-body__text text-pr-5\">As AI tools become a greater part of the legal profession, the Law Society of Ontario has set up a Futures committee tasked with understanding the impact of generative and agentic AI on the work of lawyers. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Quinn Ross, the co-chair of the committee, said that one of his biggest concerns with the use of AI in legal work is confirmation bias. <\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cThe machine is receiving data from the client, framed by the client. So you have a scope problem at the front end with the client. Is the machine capable of making a determination of whether the legal issue at hand is simple or complex? Ascertaining that should be preferably done by a lawyer in the loop.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: With the right prompts, Vero can draft employment agreements, review contracts, put together&hellip;\n","protected":false},"author":2,"featured_media":905570,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,901,276,277,888,902,879,877,903,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-905569","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alberta","tag-artificial-intelligence","tag-artificialintelligence","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/905569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=905569"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/905569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/905570"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=905569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=905569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=905569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}