A&O Shearman (AOS) is launching agentic AI systems developed in partnership with Harvey, marking an innovative approach in the legal sector. These advanced tools will not only be used internally but also sold to clients and other law firms, allowing AOS to share in the revenue generated. The initial focus includes high-value areas like antitrust filing analysis and cybersecurity, aiming to simplify complex legal tasks. While AOS has a history of creating marketable legal tools, this move signals their commitment to modernizing legal processes. Though it may not transform the industry overnight, it showcases the potential for AI to enhance efficiency in legal services. This initiative promises to improve workflows and client engagement significantly.
In March, we saw Harvey introduce agentic AI systems, and now A&O Shearman (AOS) is set to sell these tools to clients and even other law firms, with a potential revenue-sharing model in place. This development marks a significant step for the legal industry, as AOS aims to integrate its vast legal expertise with advanced AI technology.
AOS’s collaboration with Harvey will deliver AI agents that will be accessible not only to internal teams but also to large corporations and financial services through a subscription-based model or usage fees. The firm will share in the software revenue generated from these tools.
The new AI agents aim to tackle complex tasks in law, focusing on areas like antitrust filing analysis and cybersecurity. Their ability to break down intricate issues into manageable steps promises to enhance efficiency and provide lawyers with the necessary support to improve their workflows.
David Wakeling, Global Head of AI Advisory at AOS, highlighted that these agents are the “first concrete legal use-cases of agentic AI” within a multinational law firm. By streamlining processes that typically take hours, these agents allow legal professionals to focus on higher-value tasks.
As Winston Weinberg, CEO of Harvey, noted, the legal sector has not significantly changed in decades, and this collaboration aims to modernize workflows without compromising accuracy. With this innovative approach, A&O Shearman is positioning itself as a leader in legal technology, potentially reshaping client service standards across the industry.
While AOS has a rich history of developing marketable legal products, only time will tell how impactful this new offering will be. For now, it seems like a strategic move to encourage early adoption of tech in a rapidly evolving Market.
For more insights into Harvey and its future plans, you can find relevant information on their agentic tools.
Tags: A&O Shearman, Agentic AI, Legal Technology, Harvey Collaboration, Law Firm Innovation.
What is A&O Shearman’s profit-sharing with Harvey about?
A&O Shearman is working with Harvey to share profits. They want to show how using agentic tools like Harvey can help improve legal work and make it more efficient.
How does joining with Harvey benefit A&O Shearman?
By partnering with Harvey, A&O Shearman aims to improve their services and productivity. This deal allows them to use smart tools that save time and help lawyers focus on important tasks.
What are agentic tools?
Agentic tools are smart technologies that assist lawyers in their work. They help with tasks like research, drafting documents, and managing cases. This makes the legal process quicker and easier.
Why is this partnership important?
This partnership is important because it combines A&O Shearman’s legal expertise with Harvey’s advanced technology. Together, they can enhance the way legal services are delivered, benefiting both clients and lawyers.
How can other law firms benefit from this model?
Other law firms can learn from A&O Shearman’s model by adopting similar technologies. Using agentic tools can help any firm increase efficiency, improve client service, and stay competitive in the Market.