Legora entered the United States with no customers and no revenue, then signed blue-chip law firms and grew from $1M to $100M in annual recurring revenue in under 18 months.
Co-founder and chief executive Max Junestrand tells Bain Capital Ventures how the company broke into a crowded legal AI market, why arriving later turned into an advantage, and how staying model-agnostic let the product improve as the underlying technology advanced.
He also explains why lawyers’ low tolerance for error forces sharper product design, and what changes for legal economics when smaller teams can carry larger matters.