8min chapter

Legaltech Week cover image

02/14/25: LexisNexis parent co. invests in competitor Harvey, DOGE cybersecurity nightmare, & more

Legaltech Week

CHAPTER

Legal Tech and Investment Hysteria

This chapter delves into a notable legal case poised for the appeals court and the media frenzy surrounding it, particularly focusing on an appellate judge's role in district court. The discussion transitions to the recent funding round for the legal AI platform Harvey, highlighting concerns about irrational exuberance in tech investments and drawing parallels to historic funding fiascos. Through anecdotes and reflections on personal experiences with legal tech, the speakers critically assess the public perception of companies like Harvey and Ross, while also invoking comparisons to the infamous Theranos case.

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