Meet the legal startup generating $150 million in revenue without chasing Big Law
EvenUp EvenUp cofounder and CEO Rami Karabibar.
While Harvey and Legora battle for Big Law, another legal tech startup is carving out a sizable business in Small Law.
EvenUp, a seven-year-old company that sells AI software to plaintiff-side law firms, has grown to $150 million in recurring revenue under contract, Rami Karabibar, EvenUp's cofounder and chief executive, told Business Insider.
The milestone is a reminder that some of the biggest opportunities in legal AI lie beyond the white-shoe firms now adopting it.
For traditional law firms that bill by the hour, AI presents a dilemma. Software that makes lawyers more efficient could also eat into their revenue. But personal injury firms typically work on contingency, taking a cut of what their clients win.…