In recent weeks, collaborative AI platform Legora has both raised US$550 million at a US$5.55 billion valuation in a Series D funding round to accelerate its expansion and seen global law firm Herbert Smith Freehills Kramer adopt it as its firmwide general-purpose AI platform.
Funding round
Legora recently raised US$550 million in a Series D funding round (led by Accel and with participation from both existing and new investors) to accelerate its expansion across the United States.
Legora chief executive and co-founder Max Junestrand said that over the past year, the pace of adoption in the US has exceeded the provider’s expectations, as leading firms and in-house teams move decisively from experimentation to embedding AI across their organisations.
“This funding enables us to accelerate our US growth – investing in talent and infrastructure, strengthening our presence in key markets, and ensuring we can support customers on the ground as they integrate AI into their core workflows,” he said.
Over the past year, Legora has grown from 40 to 400 team members across Stockholm, London, New York, Denver, Sydney, and Bengaluru.
Junestrand said: “We’re incredibly grateful to the legal teams who trust us to support some of their most important work, and to the investors who continue to back our long-term vision. This support enables us to continue building technology that empowers lawyers through seamless collaboration between human expertise and machine intelligence.”
In conversation with Lawyers Weekly, Legora APJ vice president Heather Paterson (pictured) said the ambition of firms that have adopted the platform regionally is to thoroughly integrate AI across practice areas and workflows.
Legora’s legal engineers, she said, “are deeply collaborating with lawyers on automating complex legal work, and some of the results are astounding, freeing our clients to focus on the application of their professional expertise”.
“When legal and technology are paired together, the value transfer is massive – both in productivity and driving business outcomes. We can’t hire fast enough,” she said.
“A key benefit of the Series D raise in this region is its demonstration of the trajectory of this business and that Legora is one of the hottest places to work right now. We are looking to triple our headcount over the next three months.”
HSF Kramer partnership
Elsewhere, Legora has partnered with HSF Kramer as the latter’s firmwide platform and will act as an “intelligent legal colleague”. The firm will also adopt Legora’s client portal to facilitate more direct client engagement through the platform.
HSF Kramer global chief executive Justin D’Agostino said: “The combination of sophisticated technology with highly trained lawyers will define – and differentiate – the world’s leading global law firms. We are investing in leading legal technology and upskilling our people in using it to the highest standards. This is another milestone in more than 15 years of pioneering and embracing legal tech, including our established global digital legal delivery practice and, of course, last year’s hire of Ilona Logvinova as our chief AI officer.”
Logvinova said: “Legora is key to our AI strategy – delivering the depth, user experience, and collaborative capabilities we need to support clients globally. Bringing Legora into our firm enhances our wider tech stack and advances our firm’s ambitions by strengthening innovative delivery to our clients. We see this as a strategic partnership and an opportunity to continue to shape cutting-edge AI in legal delivery, for the benefit of our clients.”
Susannah Wilkinson (pictured), HSF Kramer’s director of AI acceleration in Asia and Australia, said: “This rollout continues our long track record of leading innovation in Australia. Our multidisciplinary Digital Legal Delivery practice has been supporting Australian clients by actively deploying AI for over a decade, and more recently supporting clients through their own AI journeys.
“Our approach to AI has been deliberate and sophisticated. The addition of Legora to our evolving technology stack builds on the significant time and investment that we’ve committed to accelerating deep, sustainable GenAI capability.
“By taking a holistic approach, we’re ensuring that our technology choices and organisational maturity enhance how our people work day-to-day to deliver meaningful outcomes for clients in Australia. Bringing together best-in-class AI tools with industry-leading legal expertise and insights positions us to meet our clients where they are and respond to rapidly evolving expectations.
“We are continuously exploring ways in which GenAI can enhance the delivery of our legal services – this includes testing and deploying numerous AI-enabled systems, including internally developed solutions, to support both client needs and the ongoing growth of our firm.”
Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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