#legora — Public Fediverse posts

“In contrast, #Mike is #OpenSource #software meaning it is free to download and customise. It also means that using the software carries #security and #liability #risks, potentially deterring #law firms from using the tool.

Worth $15 billion and $8 billion, respectively, #Harvey and #Legora have come to dominate the legal corner of the AI universe, with all of #Australia’s top eight #LawFirms subscribing to one or both.

Mike was built as a direct challenge to their iron grip, according to its founder #WilliamChen, a former #JuniorLawyer at top-ranked US law firm Latham & Watkins, who used existing #AITools to #VibeCode” his new app.”

Cheap to use. No maintenance, support, documentation or verification that it works. Law is by definition cautious and regressive. Some law firm will try it, fail and be pushed out of an Industry where reputation to win comes before price.

#AI / #LegalSoftware <https://archive.md/mXr0t> / (paywall) <https://www.afr.com/companies/professional-services/meet-mike-the-free-ai-for-lawyers-that-might-blow-up-a-23bn-sector-20260506-p5zudj>

“In contrast, #Mike is #OpenSource #software meaning it is free to download and customise. It also means that using the software carries #security and #liability #risks, potentially deterring #law firms from using the tool.

Worth $15 billion and $8 billion, respectively, #Harvey and #Legora have come to dominate the legal corner of the AI universe, with all of #Australia’s top eight #LawFirms subscribing to one or both.

Mike was built as a direct challenge to their iron grip, according to its founder #WilliamChen, a former #JuniorLawyer at top-ranked US law firm Latham & Watkins, who used existing #AITools to #VibeCode” his new app.”

Cheap to use. No maintenance, support, documentation or verification that it works. Law is by definition cautious and regressive. Some law firm will try it, fail and be pushed out of an Industry where reputation to win comes before price.

#AI / #LegalSoftware <https://archive.md/mXr0t> / (paywall) <https://www.afr.com/companies/professional-services/meet-mike-the-free-ai-for-lawyers-that-might-blow-up-a-23bn-sector-20260506-p5zudj>

“In contrast, #Mike is #OpenSource #software meaning it is free to download and customise. It also means that using the software carries #security and #liability #risks, potentially deterring #law firms from using the tool.

Worth $15 billion and $8 billion, respectively, #Harvey and #Legora have come to dominate the legal corner of the AI universe, with all of #Australia’s top eight #LawFirms subscribing to one or both.

Mike was built as a direct challenge to their iron grip, according to its founder #WilliamChen, a former #JuniorLawyer at top-ranked US law firm Latham & Watkins, who used existing #AITools to #VibeCode” his new app.”

Cheap to use. No maintenance, support, documentation or verification that it works. Law is by definition cautious and regressive. Some law firm will try it, fail and be pushed out of an Industry where reputation to win comes before price.

#AI / #LegalSoftware <https://archive.md/mXr0t> / (paywall) <https://www.afr.com/companies/professional-services/meet-mike-the-free-ai-for-lawyers-that-might-blow-up-a-23bn-sector-20260506-p5zudj>

“In contrast, #Mike is #OpenSource #software meaning it is free to download and customise. It also means that using the software carries #security and #liability #risks, potentially deterring #law firms from using the tool.

Worth $15 billion and $8 billion, respectively, #Harvey and #Legora have come to dominate the legal corner of the AI universe, with all of #Australia’s top eight #LawFirms subscribing to one or both.

Mike was built as a direct challenge to their iron grip, according to its founder #WilliamChen, a former #JuniorLawyer at top-ranked US law firm Latham & Watkins, who used existing #AITools to #VibeCode” his new app.”

Cheap to use. No maintenance, support, documentation or verification that it works. Law is by definition cautious and regressive. Some law firm will try it, fail and be pushed out of an Industry where reputation to win comes before price.

#AI / #LegalSoftware <https://archive.md/mXr0t> / (paywall) <https://www.afr.com/companies/professional-services/meet-mike-the-free-ai-for-lawyers-that-might-blow-up-a-23bn-sector-20260506-p5zudj>

“In contrast, #Mike is #OpenSource #software meaning it is free to download and customise. It also means that using the software carries #security and #liability #risks, potentially deterring #law firms from using the tool.

Worth $15 billion and $8 billion, respectively, #Harvey and #Legora have come to dominate the legal corner of the AI universe, with all of #Australia’s top eight #LawFirms subscribing to one or both.

Mike was built as a direct challenge to their iron grip, according to its founder #WilliamChen, a former #JuniorLawyer at top-ranked US law firm Latham & Watkins, who used existing #AITools to #VibeCode” his new app.”

Cheap to use. No maintenance, support, documentation or verification that it works. Law is by definition cautious and regressive. Some law firm will try it, fail and be pushed out of an Industry where reputation to win comes before price.

#AI / #LegalSoftware <https://archive.md/mXr0t> / (paywall) <https://www.afr.com/companies/professional-services/meet-mike-the-free-ai-for-lawyers-that-might-blow-up-a-23bn-sector-20260506-p5zudj>

This week's startup funding highlights by https://Pirates.BZ: #Ineffable raised 1.1B USD for superintelligence, #Legora reached 5.6B valuation for legal AI, #TrueAnomaly raised 650M USD for space defense, #ScoutAI raised 100M USD for defense robotics, #FirestormLabs raised 82M USD for drone factories. #Tech #Startup #News

This week's startup funding highlights by https://Pirates.BZ: #Nscale raised 2B USD at 14.6B USD valuation, #AMI-Labs raised 1.03B USD for AI world models, #Legora raised 550M USD at 5.55B USD for AI legaltech, #Ayar-Labs raised 500M USD for AI infrastructure, #Sunday raised 165M USD for humanoid robots. #Tech #Startup #News

Legora reaches $5.55 billion valuation as AI legal tech boom endures

Legora, an AI platform for lawyers, is now valued at $5.55 billion following a $550 million Series D…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Artificialintelligence #accel #AI #ArtificialIntelligence #legaltech #legora #Technology
https://www.newsbeep.com/us/516674/

https://winbuzzer.com/2026/02/05/anthropic-legal-ai-triggers-285b-market-selloff-xcxwbn/

Anthropic's Legal AI Triggers $285B Market Selloff

#AI #Anthropic #Claude #ClaudeCowork #AIAssistants #LegalTech #Legal #AITools #AgenticAI #RELX #WoltersKluwer #HarveyAI #Legora