tech
A top Silicon Valley law firm wants startup founders to stop asking chatbots to do legal work and use this instead
Law firm Cooley has partnered with Legora to launch an exclusive online portal for handling routine startup legal work.
TL;DR
- Law firms are developing strategies to stay relevant as legal work becomes more software-enabled.
- Cooley has launched Cooley Go Lab, an online portal developed with Legora, to assist startups with routine legal work.
- The portal aims to help founders handle common agreements like NDAs and contractor agreements more efficiently and accurately.
- Other law firms like Kirkland & Ellis and Freshfields are also investing in legal technology, partnering with companies like Palantir and Anthropic.
- Cooley emphasizes that Cooley Go Lab is not protected by attorney-client privilege and does not replace the need for actual legal advice from a lawyer.
- The trend indicates a shift where law firms want to influence how clients use AI in legal matters.