An ex-lawyer has raised $70 million from VCs to take work away from law firms

Ross McNairn. Ohad Kab Legal tech startup Wordsmith has raised $70 million in new funding to fuel expansion. The company develops software to help corporate legal teams automate drafting and other tasks. Wordsmith is part of a wave of legal tech startups focused on corporate legal services instead of law firms. The biggest promise of artificial intelligence in law is not that lawyers will work faster. It's that companies will need fewer of them on the outside. Wordsmith, a startup built aro...