AI Legal Startup Norm Valued at $1.2 Billion in Funding Round
THE SO WHAT
Norm Ai raising $120 million at a $1.2 billion valuation to automate legal work is a direct challenge to the billable-hour model, not just to paralegal tasks. In-house teams should be piloting tools like this now—waiting means your outside counsel will capture the AI leverage and keep the margin.
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