Company
Korean cosmetics brand company reporting Q2 revenue of 86.8 billion won (+6%) and its highest quarterly operating profit of 11.6 billion won (+230%).
About one in five UK and Irish law firms that have widely adopted AI report difficulty meeting billable-hour targets, legal software company Clio found. Firms must now decide who keeps the hours AI saves, and who pays to train juniors once software does the document review.
Reality
Clio, last valued at $5 billion, has bought Learned Hand, a startup that builds AI tools for judges, on undisclosed terms. Jack Newton is betting that litigants without lawyers will push courts toward AI, and that the bench can lead Clio to Big Law.
Reality
Anthropic shipped Opus 5.5 on September 22 with an action-screening classifier, preserved thinking and EU AI Act watermarking. Every one of those controls sits inside the API. The repository credentials an overnight run uses are the customer's.
Perspective Coverage
3 publishersReality
The legal toolkit ships as its own entry in the ChatGPT model picker and its own API string. Firms weighing it against retrieval stacks they already built still have no price to compare.
Perspective Coverage
3 publishersReality
More than $7B has gone into legal AI in two years. Harvey is reported to be chasing $15.5B while it and Legora absorb at least eight startups, none at a stated price.
Reality
Private equity buyers have stopped paying for AI positioning and started paying for proof. GTreasury cleared at 2.5x a reported entry price; Visma's listing has not cleared at all.
Reality
Kolmar Korea's operating profit rose 50.2% in the second quarter and all three of Korea's big contract manufacturers set records. The margins say something more complicated.
Reality