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AI Law Firm Norm Hits $1.2B Valuation | Tech News
Description
AI legal startup Norm just landed $120 million in funding, catapulting its valuation to $1.2 billion—less than three years old. Unlike traditional law firms, Norm bills by results, not hours, and is part of a booming legal tech wave with rivals like Harvey and Legora. Backed by big names including Khosla Ventures, Bain, Craft Ventures, and ex-Blackstone exec Tony James, Norm plans to scale its AI-powered platform and hire more legal talent. With over $260 million raised total, this is a major signal that AI is reshaping the legal industry’s future.
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