Funding & M&A
Legal tech and legal industry funding rounds, acquisitions, IPOs, valuations, and strategic investments
Ashurst, Perkins Coie Partners Approve $2.8B Transatlantic Merger
Partners at Ashurst and Perkins Coie have approved a $2.8 billion merger set to create a top-20 global law firm by revenue and geographic reach.
UK Judge Orders Review of WilmerHale’s $35M Estate Arbitration Fees
A UK court orders WilmerHale's $35M legal bill to be assessed after rate hikes and limited client updates raise concerns. Details on BigLaw billing risks for GCs.
Axiom Integrates Harvey AI, Cutting Service Costs by 50%
Axiom's integration of Harvey AI aims to reduce legal service costs by 50%, impacting GC strategies.
Patlytics Lands $40M to Enhance AI Patent Tools, Target Asia Expansion
Patlytics raises $40M in Series B led by Relativity to expand AI patent solutions into Asia.
Parrot Founder Raises $1.7M for Felix AI to Boost Legal Efficiency
Felix AI secures $1.7M in funding to enhance legal workflow automation, promising efficiency gains for law firms.
Ruli AI Enhances Legal Knowledge Management with New Platform
Ruli AI's new platform aims to streamline legal processes and improve efficiency for in-house legal teams, reducing dependency on outside counsel.
Apple Appeals App Store Fee Ruling to Supreme Court
Apple challenges Ninth Circuit ruling on App Store fees, with potential implications for digital commerce regulations.
Wexler AI Raises $5.3M for Litigation Intelligence Solutions
Wexler AI secures $5.3M funding to enhance AI solutions for litigation, aiding legal professionals in managing complex documentation efficiently.
Blackstone Closes $6.3B Fund, Boosting Life Sciences Investment
Blackstone's $6.3B Life Sciences VI fund closing underscores growing opportunities for legal pros.
Harvey AI Raises $100M in Funding, Valuation Hits $2B
Harvey AI secures $100M in Series B funding, boosting its valuation to $2B, signaling increasing AI integration in legal tech practices.
Clearway Energy Restructures Voting with Class A to C Conversion
Clearway Energy plans to merge Class A into Class C shares, simplifying voting governance and impacting shareholder strategies.