What is Crosby's big criticism of Big Law?

They say top firms pocketed $69B profits—all to partners—instead of R&D, outpacing even Google.

Has Legora really hit $100M ARR?

Yes, publicly confirmed, with a new Munich office signaling Euro expansion.

Will AI firms like Crosby replace Big Law?

Not fully soon, but they'll chip away at routine work, forcing spin-outs by late 2020s.

Crosby's $60M Raise Ignites Big Law R&D Firestorm

Crosby just raised $60 million, but their real shot was calling out Big Law's R&D blackout. With $69 billion in profits last year—all funneled to partners—the old guard's complacency stares down AI insurgents.

theAIcatchup Apr 02, 2026 3 min read 37 views

Crosby founders announcing $60M raise and Big Law R&D critique

⚡ Key Takeaways

Crosby raises $60M, slams Big Law for zero-tech R&D despite $69B profits. 𝕏
Legora blasts to $100M ARR; Solve buys Palito for IP dominance. 𝕏
Litify's ACE agents automate PI workflows—disruption accelerates. 𝕏

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#Big Law R&D #Crosby AI #Legora ARR #Litify ACE

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Originally reported by Artificial Lawyer

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