Harvey signs up $7bn Latham in major AI win

In a major win for Harvey in the legal AI land grab, Latham & Watkins has picked the platform for a firmwide rollout, signing an enterprise licence and making the platform available to its more than 3,600 lawyers worldwide.

The deal comes just days after Harvey revealed it had hit $100 million in annual recurring revenue (ARR) and now counts 42 of the top 100 US law firms as customers. The startup is competing with European rival Legora in an increasingly heated battle for dominance in the law firm AI market, with both offering tools for bulk document analysis, contract review, drafting and research.

Legora has been racking up a string of high-profile wins of its own this year - including BCLP just last week, following deals with Dentons, Mishcon de Reya, DWF, Taylor Wessing and Cleary.

For Latham - the second-largest law firm in the world by revenue with $7 billion in turnover last year - the deployment aims to have all lawyers trained and operational by the end of the year.

What they said

Rene Mendoza, Latham's chief information officer, said: "We have consistently championed the integration of emerging technologies and AI throughout our business, and Harvey not only supports these goals but also accelerates them."

Harvey CEO Winston Weinberg added: "We want to be the trusted AI platform for the world’s leading law firms and we are honoured that, after extensive evaluation, Latham has chosen to deploy Harvey at scale across the business."