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Fortune
Fortune
Max Junestrand

We just raised another $550 million to bring AI to the legal industry. I still believe there will be more work than lawyers

m (Credit: Marco Bertorello / AFP via Getty Images)

A letter from Max Junestrand, CEO and co-founder of Legora, which raised $550 million at an $8.8 billion valuation this week.

A large U.S. law firm wanted to switch to Legora but needed one specific task solved, and we couldn’t do it yet. One of our legal engineers, a former lawyer, flew from New York to Stockholm on a Saturday and spent a week and a half with our engineers until he built it. That is what we mean by partner.

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