Media reports show a new funding surge for plaintiff side legal AI with EvenUp and Eve raising rounds that put both firms at or above the billion mark.
EvenUp closed one hundred and fifty million and says most new revenue comes from AI products for demand letters and prep, Reuters report. Eve raised over one hundred million at a new billion value. Plaintiff practices are not waiting for theory but are buying tools that shave hours from intake and negotiation and then show outcomes.
The signal for defence and corporate work is simple. If the other side cuts cycle time with credible tools then in house teams will expect the same gains from their firms. Pricing and speed will follow the data not the brochure.
We also reported on seed capital being provided to a new ‘lawyer-centric’ legal AI tool last week.
What changed?
Fresh money for plaintiff tools means more cases move faster with richer files and repeatable templates.
This will translate into changes with how plaintiff claims are being handled, in terms of outcome stats reporting from plaintiff teams, with law firm pilots pairing intake information with triage efforts from the law firms.
