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EvenUp hits $150 million in recurring revenue as competition heats up

All Content from Business Insider·Melia Robinson·1 day ago
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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.…

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