Law firm associates are leaving billable-hour jobs to join legal AI startups as legal engineers, automating tasks like contract review that once took 50 to 100 hours down to 15 minutes, according to M…
London proptech Dwelly has closed a $170M Series B to acquire small UK letting agencies and run them on its AI operating system, with EQT Growth and General Catalyst leading the round split between $9…
Legal-tech giant Legora has acquired litigation startup Wexler to help trial lawyers reconstruct cases from thousands of documents, cutting manual review time by 75%. The deal, terms undisclosed, is L…
Microsoft could sell its ~27% stake in OpenAI for over $200B and redeploy the cash into AI app-layer startups, according to an analysis by Margin Points. The move would allow Microsoft to capitalize o…
Menlo Ventures partner Matt Murphy says AI startups must focus on building platforms, not just models, citing Anthropic's leap to a $47 billion revenue run rate by May from $9 billion in 2025 as unpre…
Microsoft could sell its ~27% stake in OpenAI for over $200 billion and redeploy the cash into AI app-layer acquisitions, according to a Margin Points analysis. The move would reset OpenAI's valuation…
Max Junestrand, CEO of legal AI company Legora, said elite law firm partners are undercharged under the billable hour model, citing Kirkland & Ellis where average profit per equity partner stands at £…
The University of Chicago Law School is requiring first-year students to keep laptops closed in class this fall to combat AI-enabled cheating and ensure independent thinking, as colleges nationwide gr…
Harvey, the legal AI company, released a LinkedIn interview featuring its brand ambassador Gabriel Macht (who plays Harvey Specter on Suits) with A&O Shearman partner David Wakeling to discuss AI use …
Legora, a three-year-old AI startup focused on the legal sector, raised $550 million in Series D funding at a $5.6 billion valuation, backed by Nvidia's NVentures and law firm Bird & Bird. The company…
Swedish startup Lightbringer raised $10m in Series A funding to expand its AI-native patent firm into the US, aiming to replace traditional patent attorneys with a fixed-price subscription model that …
Europe's AI boom faces three major risks: heavy reliance on US infrastructure and foundational models, potential redundancy as American models like Claude and ChatGPT expand into European applications…
Judicex, an open-source legal AI platform, launched today with a system that abstains from answering when evidence is insufficient rather than generating false information. The software operates on a …
Pamir Ehsas, a former junior lawyer at a large Norwegian firm, raised $9 million for his AI-powered law firm Moritz after initially seeking $3 million. The seed round, which closed one week before gra…