Why Airtree is betting on the end of the junior law firm employee

The situation in the capital markets is uncertain, but Legora, a provider of AI software for law firms, doesn’t know.

Legora, whose software is used by Allens and MinterEllison in Australia, has just raised $550 million ($771 million) at a valuation of $5.5 billion, including money from new investor Airtree Ventures of Sydney.

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