LTSF Newsletter -- June 30, 2025 -- Issue #347


June 30, 2025 -- Issue #347

Hi, Charlie Uniman here, host of Legal Tech StartUp Focus ("LTSF"), the online community for everyone involved with legal tech startups. You're reading the latest digest of articles, opinion pieces, and other thoughts posted during the past week at the community.

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Sponsored


Exit/M&A

From the Axios "Pro Rata" newsletter today, June 26, 2025:

"Wolters Kluwer Legal & Regulatory acquired Brightflag, an Irish provider of legal spend and matter management software, for €425m in cash, from backers like One Peak, Tribal.vc and Sands Capital. brightflag.com"

Fundraising

From the Axios “Pro Rata” newsletter - more on Harvey’s latest fundraise:

“Harvey, an SF-based legal AI startup, raised $300m in Series E funding at a $5b valuation. Kleiner Perkins and Coatue. led, joined by Sequoia Capital, GV, DST Global, Conviction Capital, Elad Gil, Open AI Startup Fund, Elemental, SV Angel, and REV. https://fortune.com/2025/06/23/harvey-raises-300-million-at-5-billion-valuation-to-be-legal-ai-for-lawyers-worldwide/

◾ Lawsites reports :

"ProfitSolv, the parent company to a group of practice management and payments products for legal, accounting and professional services firms, said today that it has secured a significant strategic investment co-led by private equity firms FTV Capital and Lightyear Capital."

As LawSites further writes". . . ProfitSolv owns the practice management platforms CosmoLex, Orion, Rocket Matter and Tabs3, the legal billing platform TimeSolv, the legal payments platform LexCharge, the CRM platform Law Ruler, the social media platform Clear View Social, and the website design and marketing site TitleTap."www.lawnext.com/2025/06/profitsolv-parent-to-multiple-law-practice-management-platforms-secures-substantial-strategic-investment.html

Hiring/New Hires

From Legal IT Insider:

“Legal transaction management platform Legatics has made two strategic additions to its leadership team: Rob MacAdam joins as chief product officer and Bilal Chaudhry as vice president of sales.”
https://legaltechnology.com/2025/06/23/legatics-expands-leadership-team-with-the-hire-of-rob-macadam-and-bilal-chaudhry/

Honors and Awards

Below is a link to a LinkedIn post from Christian Lang, Lega's founder and CEO, announcing Lega's win of the LegalTech Launchpad competition at the LegalTechTalk conference: https://www.linkedin.com/posts/christianllang_lawfirms-generativeai-legaltech-activity-7344296059323465728-h85E?utm_source=share&utm_medium=member_desktop&rcm=ACoAAACjKkUBuYvfoBWwBGd7KKABZw3jrdiBcc0

Partnerships/Business Development

Get your legal tech rundown from Legaltech News with hiring, partnership, and product development news from the past week.
https://www.law.com/legaltechnews/2025/06/27/legaltech-rundown-harvey-offers-self-service-ai-agent-customization-profitsolv-announces-new-investment-and-more/

Product Development

◾ Joel Bijlmer posts: "Harvey just gave law firms the power to build their own AI systems, no code required.

"Fresh off a $300M raise at a $5B valuation, Harvey is on a roll. We sat down with Michelle Arguelles, Senior Product Marketing Manager at Harvey, for an exclusive look at Workflow Builder, and why custom is the new competitive edge in legal tech.

"Full story here: https://thelegalwire.ai/custom-is-the-future-how-harvey-lets-firms-build-their-own-ai-systems/"

More on Harvey's product development, per Legal IT Insider:

“Harvey today (24 June) announced that Workflow Builder is available to all Harvey customers, enabling legal teams with varying innovation capability to capitalise on their proprietary knowledge to create reusable systems.

“Whereas until now customers of Harvey’s Assistant or Vault have used ad hoc prompts, or leveraged Harvey’s predefined key use case workflows, now they can develop their own workflows that fit with and around the ways their teams and clients are working.”
https://legaltechnology.com/2025/06/24/harvey-launches-workflow-builder-we-speak-with-winston-weinberg-and-ashurst-about-the-tool-that-helps-legal-teams-leverage-their-own-ip/

◾ Another post from Joel Bijlmer, this one about a Legora product development: Legora launches market-first agentic ‘Workflows’ to orchestrate legal tasks https://thelegalwire.ai/legora-launches-market-first-agentic-workflows-to-orchestrate-legal-tasks/

◾ Detailed reporting from the LawSites blog on Descrybe.ai’s new roster of “paid”‘features:

“Even free legal research platforms need to make money at some point, and so as Descrybe.ai today launches a paid upgrade, it is making it worth your while, offering a “Legal Research Toolkit” with a suite of features, including its own AI-driven citator, which it calls the Cytator.”

“Descrybe will continue to offer a free version. Everything that was free remains free, [Kara] Peterson [Descrybe.ai’s co-founder] told [Bob Ambrogi]. The paid upgrade it is introducing today adds a number of features that will make it a more attractive legal research option for legal professionals.”

For analysis of the new citation feature (together with a discussion of all the other new features in the “paid” version of the Descrybe.ai app) click on the link: https://www.lawnext.com/2025/06/free-legal-research-site-descrybe-ai-launches-a-paid-suite-of-legal-research-tools-including-its-own-citator.html

◾ Here's an article from Legaltech News - with further discussion of Legora:

"On Wednesday, Stockholm-based legal tech startup Legora announced the launch of Workflows, a new agentic framework designed to allow users to automate tasks on the company’s legal AI platform."

"What It Is: Workflows is an agentic AI system designed to allow users to automate the tasks they have previously been able to perform with Legora. Users can build individual workflows out of specific tasks, and AI agents will subsequently select the best tools to accomplish the tasks and carry them out on the user’s behalf."

Read the entire article here: http://bit.ly/4k69aqJ

◾ From Artificial Lawyer:

“Harvey has today launched Deep Research for Legal, which deploys OpenAI’s latest Deep Research capability to ‘power a new class of legal research agents – built to serve the world’s top law firms and enterprise teams’, the genAI pioneer told Artificial Lawyer.

“To enable this new feature, OpenAI’s API, which was released yesterday, has been combined with Harvey’s legal reasoning systems to deliver ‘explainable, thorough, multi-step and multi-source complex analysis’.”

Complete article (plus a demo video) can be accessed here: https://www.artificiallawyer.com/2025/06/27/harvey-launches-deep-research-for-legal/

◾ From Bob Ambrogi’s LawSites blog:

“According to AI Hallucination Cases, a site maintained by HEC research fellow Damien Charlotin to track these cases, there have been at least 160 cases to date involving hallucinated case citations.

“Now, legal technology company LawDroid is making it easy for lawyers to protect themselves against needless monetary sanctions and ruined reputations.

“It has launched CiteCheck AI, a site where lawyers can verify the citations in a document, absolutely free. Well, free up to a point. I’ll get to that in a moment.”

Entire article available here: https://www.lawnext.com/2025/06/lawdroid-launches-citecheck-ai-a-fail-safe-against-ai-citation-hallucinations.html

Purchasing/Using Legal Tech

Legaltech News writes:

“Artificial intelligence has proven useful in class actions and mass torts to sort through massive amounts of electronic discovery and medical records, but could the technology help lawyers identify the next big case?

“Some legal tech startup companies, Darrow and Rain Intelligence, are doing just that.”
https://www.law.com/2025/06/23/how-ai-could-detect-the-next-class-action-the-numbers-are-just-massive/

◾ Joel Bijlmer offers another post: "We sat down with the founders of Qanooni, a UAE-born legal AI tool built for the way lawyers actually work. From embedded workflows in Word and Outlook to a bold litigation module on the way, Qanooni is bringing custom legal tech to the Gulf and beyond.

"Read the full interview: https://thelegalwire.ai/qanooni-a-homegrown-legal-ai-platform-with-global-ambitions/ "

Selling Legal Tech

From the First Round Review newsletter (published by VC firm, First Round Capital):

"When every deal closes differently, how do you build repeatability? First Round Partner Meka Asonye shares proven tactics from founders and revenue leaders who've solved this exact puzzle."

Advice from startup sales leaders (in the article linked below) on how to build a ". . . repeatability [sales/GTM] framework: four steps from spiky [sales/GTM] chaos to well-oiled machine." https://review.firstround.com/0-5m-repeatable-revenue/?ref=the-review-newsletter

Startup Management

Tanner Rogers, an investor at legal tech-focused VC firm, The Legal Tech Fund (TLTF), has done legal tech startups a great service with a LinkedIn post (put up by TLTF) about important aspects of his approach to investor due diligence. Here's a link to the first part of a promised two-part series posts that lay out some of Roger's thoughts on investor due diligence. https://www.linkedin.com/posts/the-legaltech-fund_thelegaltechfund-ugcPost-7341692877174886400-3gHZ?utm_medium=ios_app&rcm=ACoAAACjKkUBuYvfoBWwBGd7KKABZw3jrdiBcc0&utm_source=social_share_send&utm_campaign=copy_link

Teaching/Learning Legal Tech

Legaltech News writes:

“Over three days in June, K&L Gates hosted an AI hackathon for summer associates and other employees across the firm’s U.S. offices. More than 70 participants organized into 15 teams competed to leverage Thomson Reuters’ gen AI assistant CoCounsel to build solutions to real-world legal problems identified by the firm’s AI solutions group.”
https://www.law.com/legaltechnews/2025/06/24/inside-kl-gates-hackathon-for-summer-associates/?kw=Inside+K%26L+Gates%27+Hackathon+for+Summer+Associates&utm_source=email&utm_medium=enl&utm_campaign=afternoonupdate&utm_content=20250625&utm_term=ltn

◾ A link below to a LinkedIn post by Ian Nelson, CEO of Hotshot, a company that produces solutions for lawyer training:

$$ Quote:

“But what happens when clients send these docs and analyses to associates to confirm the AI outputs and the associates have never been trained on the underlying concepts at issue?? There is simply no more time to wait years and years for associates to get in their reps (and clients won't pay anymore for that anyway).”
https://www.linkedin.com/posts/ianrnelson_claude-is-our-new-in-house-counsel-it-activity-7344713305552285696-_lzE?utm_source=share&utm_medium=member_ios&rcm=ACoAAACjKkUBuYvfoBWwBGd7KKABZw3jrdiBcc0

Legal Tech StartUp Focus Newsletter

A weekly newsletter with links to articles from around the world that help legal tech startup leaders (and their customers and their investors) succeed in business

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