A legal AI startup has a plan to take on Lexis Nexis and Westlaw
Legora, which sells software to Big Law firms, has quietly hired a team of former attorneys to grow its corpus of case law and other legal data.
TL;DR
- Legora is building a comprehensive corpus of case law and legal data to improve its AI offerings.
- The company aims to reduce AI "hallucinations" by using verified legal material.
- Legora seeks to challenge the market dominance of LexisNexis and Westlaw.
- They are licensing content from publishers and directly harvesting legal documents.
- The process of collecting citable case law is described as tedious, involving manual scanning and verification.
- Legora's strategy includes competing with other startups like Harvey.
- The company believes investing in its own law library will lead to a better user experience.