#Legora

Harvey and Legora have secured massive valuations and Big Law clients with AI tools for research, drafting and collaboration. Yet their advance exposes tensions over billable hours, junior training and data security.…

The two wildly fast-growing rivals have raised massive sums, pushed into each other's home turf and now have dueling ad campaigns.

Swedish startup Legora has raised more than $800 million in the past 12 months, and the latest deal values it at $5.6 billion.

Eighteen months ago, Legora was a Stockholm startup with a handful of law-firm clients and roughly $1 million in annual recurring revenue. On Tuesday, the company told Business Insider that it has crossed $100 million in ARR, a milestone that in…