Send us Fan MailWe’ve all been seeing a lot more of Jude Law lately.Legal AI firm Legora’s effort to cement itself in our consciousness with expensive ads featuring the actor has certainly been refreshing In its latest funding round in March, the company hit a valuation of $5.5bn and now has contracts with law firms including White & Case, HSF Kramer, Dentons, and Pérez-Llorca.Meanwhile, its competitor Harvey has grown its own valuation from $3bn early last year to $11bn in its latest funding round in March.On its books are firms like A&O Shearman, CMS, Ashurst and, as of last week, Slaughter and May.But despite their rapid rises, is there a risk that the two companies’ dominance is peaking?Some lawyers are becoming concerned at the size of these legal AI vendors, while Freshfields recently turned its nose up at both of them, instead choosing to partner with AI giant Anthropic. It wants more freedom to tinker with the AI model itself.So on this episode of the podcast, we ask what the future is for the two legal tech firms as bigger competitors enter the market, why lawyers like them – and why they don’t – and what’s with the bonkers valuations?Check out The Lawyer’s brand new Innovation Map, exploring how law firms are using AI as the technology moves from experimentation to routine practice.