Side-by-side comparison of AI visibility scores, market position, and capabilities
AI legal research platform acquired by Thomson Reuters for $650M; CoCounsel AI integrated into Westlaw for case research, contract review, and deposition analysis.
Casetext is an AI legal research platform that pioneered AI-assisted legal research tools for attorneys, law students, and legal professionals before being acquired by Thomson Reuters in August 2023 for $650 million — one of the largest legal tech acquisitions in history. Founded in 2013 in San Francisco by Jake Heller and Pablo Arredondo, Casetext built the CARA AI tool (Context and Relevant Analysis) that analyzes uploaded legal briefs to find relevant case law the attorney may have missed, and CoCounsel — an AI legal assistant powered by GPT-4.
Relativity confidentially filed for IPO in early 2026, the first legal tech company to do so since 2021, while rebranding as a legal data intelligence platform.
Relativity was founded in 2001 in Chicago by Andrew Sieja (originally as kCura) and rebranded under its current name in 2017 after its eponymous e-discovery platform became the industry standard. The company serves over 300,000 users in approximately 40 countries, including 198 of the Am Law 200 law firms and the U.S. Department of Justice, processing over 145 billion files through its cloud platform RelativityOne. Valued at $3.6 billion following a 2023 investment round, it plans to invest more than $170 million in R&D in 2025.
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