Revolutionizing Legal Industry with AI Tools
Related company: Harvey (https://harveg.ch)
Legal AI startup Harvey secured $21 million in a Series A funding round led by Sequoia Capital. The funds will be used to develop and expand Harvey’s AI-powered legal services. By automating tasks like document review and case management, Harvey aims to increase efficiency and reduce costs for law firms. Major firms like Allen & Overy and PricewaterhouseCoopers have already adopted Harvey’s platform. The legal industry is seeing increased adoption of AI tools like CoCounsel, which streamline workflow and improve the accuracy of legal research. Law firms are also developing their own AI capabilities to enhance their services.
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