Why Legora isn't building its own model

Legora has had a busy year. The Swedish legal AI firm raised $550m in March, led by Accel, and has made five acquisitions since January.The company is often pitted against its US rival Harvey. But while the two are comparable in many ways, they diverge on some key things, including whether to build their own AI models. Harvey has launched one ; while Legora says training a frontier model doesn't make business sense. This episode of the Sifted podcast comes live from TechBBQ in Copenhagen, Denmark. Host Freya Pratty is joined by Legora CTO Jacob Lauritzen to discuss why Legora is steering clear of the model game, plus how the company is organising its engineering and product teams, what it looks for when it buys a company, and why Stockholm — not Copenhagen — is having a moment.The two also chat about why Legora has  switched some tiers to consumption-based pricing — and why the technical team loves the move — as well as Legora’s recent integration with Google. Sign up to Sifted's newsletters here: https://sifted.eu/newslettersCheck out Sifted Summit here: https://summit.sifted.eu/