Legal AI Giant Harvey Plants Flag in Boston, Plans to Hire 40-Plus Workers
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Harvey, a San Francisco-based legal AI company, is opening an office in Boston with plans to hire at least 40 people, growing its local headcount from about 10 employees to as many as 50 within the next nine months. The company's software is already used inside some of Boston's biggest law firms and corporations, and now Harvey wants a physical foothold near them. According to The Boston Globe, Harvey's Boston employees will support existing local customers, including the law firms Ropes & Gray, Mintz, Foley Hoag, and Verrill, along with DraftKings, athenahealth, Toast, and Boston University. The same office will also house salespeople tasked with landing new customers in the region. Harvey is still selecting its exact office location, but the company aims to be close to the downtown law firms that are already customers. Harvey develops legal AI tools built to automate workflows such as contract analysis, due diligence, compliance, and litigation work, per Reuters. The outlet reports that Harvey says its software is used by 80 percent of the 100 highest-grossing law firms in the United States, and that the company has won international clients including South Korea's Kim & Chang as it expands its customer base, according to the same report. The company's growth has been fueled by a fresh injection of capital. The Boston Globe's account states Harvey raised $550 million...
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