70% of Large Law Firms Now Use AI + Harvey AI $3B Valuation & UK Government Pilot
Thomson Reuters reports that over 70% of large law firms and corporate legal departments are now actively using AI tools for contract review, research, and compliance — up 150% in the past year.
We also cover:
• Harvey AI raising $300 million at a $3 billion valuation to expand its AI platform for law firms
• The UK government launching a national AI Legal Assistant pilot for public sector agencies
• Stanford Law School study showing AI-assisted legal analysis reduced research time by 62% while maintaining accuracy with human supervision
The skinny
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