UK-based legal technology company Lawhive, which offers an AI-based in-house 'lawyer' through its software platform as a service targeting small law firms, has received £9.5 million investment in a seed round to expand.
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"Lawhive Represents a Transformative Shift for Both Lawyers and Consumers"
It targets its platform at small law firms or solo lawyers who run their own shop. Lawyers can use its software to engage and manage their own clients or be matched with consumers and small businesses through a marketplace feature. Lawhive says its in-house AI lawyer "Lawrence" is built on its own broad language model (LLM), which it claims passed the Solicitor Qualifying Examination (SQE), scoring 81 per cent against a 55 per cent pass mark.
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