Observed Signal · Jun 17, 2025 · Interview · Source: Tech.eu · Impact: 2/5 · Sentiment: Neutral
Swedish AI legaltech founder: Big law firms avoid Chinese models
Legora CEO and co-founder Max Junestrand stated that most big law firms are reluctant to leverage Chinese large language models (LLMs) due to concerns from their clients, which include governments and large financial institutions. Speaking on the Tech.eu podcast, Junestrand also revealed that AI generates about 70% of Legora's code, and that the company uses AI across marketing, legal, and sales teams. Legora, an AI-powered legaltech platform that helps lawyers research and review documents, has over 250 law firm clients. The company recently raised an $80 million Series B round at a $675 million valuation. The discussion also touched on the impact of China's DeepSeek and Alibaba's Qwen models, and why Western enterprises are cautious about adopting them.
Highlights adoption of AI in legaltech and concerns about Chinese LLMs; not directly impacting adtech industry but relevant to AI trends.
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Key Takeaways & Evidence Grounding
- Legora CEO says big law firms are not willing to use Chinese LLMs due to client concerns.
- AI writes about 70% of Legora's code.
- Legora has over 250 law firm clients.
- Legora raised $80M Series B funding, reaching a $675M valuation (announced May 2025).
- Comments made during a Tech.eu podcast interview with CEO Max Junestrand.
Connected Companies & Entities
4 Entities mapped“Legora, a platform built on top of LLMs, helps lawyers research and review legal documents....”
“The arrival of China’s DeepSeek LLM made headlines worldwide earlier this year....”
“Swedish AI legaltech startup backed by General Catalyst....”
“Other Chinese competitors include Alibaba and its Qwen models....”
Ontology Mapping & Concepts
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