Anthropic announced this week that it will offer a standalone legal GenAI tool that could do such things as document review, flag risk, and even compliance work. The announcement sent legal tech vendors — and, more importantly, their investment — into frenzy.This immediately triggered a significant drop in stock prices of some big legal tech providers like Thomson Reuters, RELX, and Wolters Kluwer. Anthropic is one of the largest GenAI providers to the public. Its main product is Claude. The ann...
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