Subscribe to Updates
Get the latest finance and business news and updates directly to your inbox.
legal
A business owned by Wall Street law firm Cleary Gottlieb has begun selling software that could help clients send less work to firms like its own. Loading audio narration… For years, law firms have worried that artificial intelligence will make lawyers faster and cut into billable hours. ClearyX, a Cleary…
David Ellison’s right-hand man is leaving Paramount Skydance. Loading audio narration… Jeff Shell has stepped down from Paramount, where he’d been president since August 2025, the company said in a statement on Wednesday. As president, Shell helped oversee the company’s day-to-day operations.The company said in a statement that it was…
The billable hour’s time is approaching midnight, according to Anthropic’s top lawyer. Loading audio narration… “I don’t think the billable hour is the solution, and we’ve known it for a long time,” Jeff Bleich, the AI company’s general counsel, said Thursday.Speaking at the American Bar Association’s White Collar Crime Institute…
Harvey’s CEO Winston Weinberg thinks the $1 trillion legal market is too big and too fragmented for any one software company to sweep it. So the $8 billion legal-tech startup is trying a different play: bankroll whatever comes next. Loading audio narration… Harvey said Wednesday that it will begin investing…
In the battle for Big Law’s business, legal artificial intelligence startup Legora is bulking up its talent roster. Legora is acquiring Canadian legal-tech startup Walter to sharpen its tools for lawyers, the companies tell Business Insider exclusively.Legora, based in Stockholm, sells software to law firms and corporate legal departments that…
Microsoft is squarely in Anthropic’s corner.In a legal filing on Tuesday, Microsoft warned that the Pentagon’s effective blacklisting of Anthropic has “negative ramifications for the entire technology sector and American business community.””This is not the time to put at risk the very AI ecosystem that the Administration has helped to…











