LegalTech’s “Open Source” Moment!
With AI usage for legal approaching “near-universal” adoption, the sector continues to evolve at an astounding pace.
Directly on the heels of the debut of Anthropic’s “Claude for Legal,” which it debuted just shortly before filing for IPO this week, The Information reported last week on a “fresh assault” on LegalTech’s major players: “Some law firms now want to develop their own AI apps with frontier model companies like Anthropic or OpenAI rather than just purchase apps from smaller legal startups.”
The article cited the announcement by Kirkland & Ellis, the largest law firm by gross revenue last year, that it plans to spend $500 million to develop its own AI apps, as well as Freshfields collaboration with Anthropic to develop a legal AI tool for its 4,000 attorneys, in exchange for early access to the company’s models.
Amid these big moves towards in-house building by major firms, there was also big news on another front: open source is also gaining traction in LegalTech.
Monica Zent is a LegalTech pioneer, entrepreneur, investor, and founder of ZentLaw, one of the first Alternative Legal Service Providers (ALSPs) in the United States. She writes about LegalTech, artificial intelligence, legal operations, venture capital, enterprise innovation, and the future of legal services. Through her thought leadership, speaking engagements, and advisory work, Monica helps organizations and investors navigate emerging technologies and the evolving legal landscape. Learn more about Monica, her work, and her latest insights at MonicaZent.com.
-
AI Security, Data Integrity, and Governance for Legal Teams and Departments
According to the newly released 2026 Data Threat Report, conducted by S&P Global’s 451 Research and commissioned by Thales, there’s a “troubling disconnect between rapid AI adoption and foundational data control.” Reporting on the findings, Fortune wrote, “For businesses to innovate securely…, they must fundamentally rethink identity, encryption, and data visibility as the core foundation…
-
Exploring the Consumer LegalTech Landscape
“AI promises to make work more productive for lawyers, but there’s a problem: Their clients are using it, too,” Axios wrote last week. All eyes last week were on the impact that Anthropic’s legal-specific tool would have on enterprise LegalTech. Meanwhile, consumers are also looking to foundation model AI to address legal questions and needs.…
-
Record Highs, Record Lows: Tracking the Shifting VC Landscape
For venture capital, 2025 was remarkable for highs and lows. Among the highs: Two of the three biggest quarters ever for venture funding took place last year. And, the lows: Overall, firms closed a record-low number of funds. This dichotomy inspires this edition of Venture Legal, exploring some of the ways in which the VC…
