AI legal startup Wordsmith raises $70M to automate corporate legal work
By
Melia Russell
Crackling crust, pillowy middle. The kind of bagel that earns a second cup of coffee.
Summary
Wordsmith, a startup developing AI software for corporate legal teams, has raised $70 million in funding led by Index Ventures. Founded by ex-lawyer Ross McNairn, the company aims to automate legal work traditionally done by law firms, potentially disrupting the legal services industry by taking work away from traditional law firms.
Key quotes
· 3 pulledRoss McNairn, founder of Wordsmith, is an ex-lawyer building AI tools for corporate legal teams.
The startup has raised $70 million from Index Ventures and other backers.
Wordsmith's AI software is designed to take work away from traditional law firms.
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