From the source
Latham & Watkins and Harvey are collaborating to build an AI-enabled fund formation solution, pairing lawyers from Latham's Investment Funds Practice with Harvey's product and engineering teams.
- The work targets key parts of the fund documentation process, including LPAs, side letters, subscription documents and comment memos.
- Latham says the design partnership brings its fund formation experience, market knowledge and practitioner perspective directly into development, with the aim of streamlining processes and freeing lawyers to focus on strategic, business-critical issues for clients and their investors.
- Matthew Chase, global chair of Latham's Investment Funds Practice, said the firm wants to combine Harvey's engineering expertise with its own practitioner perspective to turn market knowledge into AI-enabled tools.
- Harvey CEO Winston Weinberg said Latham gives its product and engineering teams direct insight into the needs of lawyers handling complex fund formation matters.
- Latham CIO Rene Mendoza said the collaboration equips internal teams with AI tools while introducing AI solutions into the firm's practice.
