Blackletter raises $6 million, led by Lerer Hippeau, for an AI-native law firm doing M&A and finance work
Blackletter raised $6 million in a seed round led by Lerer Hippeau, according to Artificial Lawyer. The firm provides legal services for M&A, finance and other complex matters.
Its lawyers communicate directly with clients, review all work and remain accountable for legal judgments. The firm does not use billable hours.
Its BlackletterOS platform handles multi-step legal assignments and stores information about each client's business and preferences. Blackletter says internal benchmarks show its lawyers completing tasks in less than half the time required at a traditional firm. The funding will support further development of the platform and additional hiring.
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