Corporate legal departments are done paying law firms to relearn what they already taught them. AI-powered knowledge management is turning institutional memory into a weapon against duplicate billing.
Cleary Gottlieb acquired an AI company. A&O Shearman co-develops with Harvey and shares the revenue. Sullivan & Cromwell invested in a startup and lost it to an acquirer. Freshfields partnered with both Google and Anthropic while building its own tools. Four elite firms, four AI strategies, four very different results.