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.
Legora, a legal AI startup, aims to challenge the dominance of LexisNexis and Westlaw in the legal research market. The company has hired former attorneys to build an index of legal research, hoping to offer lawyers a more reliable source of "good law." This term refers to legal cases that have not been overturned, superseded, or undermined by new statutes or court decisions.
By providing accurate and up-to-date legal information, Legora hopes to reduce the risk of "hallucinations" or incorrect information appearing in legal outputs. The startup has already struck licensing deals with numerous publishers worldwide and plans to harvest more of the world's legal data directly. While building a credible alternative to existing legal research platforms is crucial, Legora also aims to improve the user experience for law firms and corporate legal departments.
The success of Legora will depend on whether law firms are willing to transition from their traditional reliance on LexisNexis and Westlaw.
Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.