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<!---->
<!--[if !gte mso 9]><!----><span class="mcnPreviewText" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">Plus, Groq CLO "horrified" by anti-AI firms</span><!--<![endif]-->
<!---->
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</div></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table><!--[if (gte mso 9)|(IE)]></td></tr></table><![endif]--></td></tr></tbody><tbody data-block-id="7" class="mceWrapper"><tr><td style="background-color:transparent" valign="top" align="center" class="mceSectionBody"><!--[if (gte mso 9)|(IE)]><table align="center" border="0" cellspacing="0" cellpadding="0" width="660" style="width:660px;"><tr><td><![endif]--><table border="0" cellpadding="0" cellspacing="0" width="100%" style="max-width:660px" role="presentation"><tbody><tr><td style="background-color:#ffffff" valign="top" class="mceWrapperInner"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="6"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0" valign="top" class="mceColumn" id="mceColumnId--17" data-block-id="-17" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-145"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border-width:1px;border-style:solid;border-color:#d6d6d6;border-radius:5px" valign="top" class="mceLayoutContainer" id="b145"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="145" id="section_d3468c2e05d9069c5507f628bb554990" class="mceLayout"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--23" data-block-id="-23" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" align="center" id="b-13"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="-13"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--29" data-block-id="-29" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" id="b148"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="148"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="24" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0" valign="top" class="mceColumn" id="mceColumnId-147" data-block-id="147" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-150"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" id="b150"><table width="100%" style="border:0;background-color:transparent;border-radius:0;border-collapse:separate"><tbody><tr><td style="padding-left:12px;padding-right:0;padding-top:8px;padding-bottom:12px" class="mceTextBlockContainer"><div data-block-id="150" class="mceText" id="d150" style="width:100%"><p style="margin-top: 6px; margin-bottom: 6px;"><strong><span style="color:#ff4716;"><span style="font-size: 13px">TODAY’S REDLINES</span></span></strong></p><ul class="last-child"><li style="color: #000000;"><p style="margin-top: 6px; margin-bottom: 6px;"><span style="color:#000000;"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">Claude plugin triggers market crash</span></span></p></li><li><p style="margin-top: 6px; margin-bottom: 6px;"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">Groq CLO “horrified” by anti-AI firms</span></p></li><li><p style="margin-top: 6px; margin-bottom: 6px;"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">Google is hiring Counsel, Gemini</span></p></li><li><p style="margin-top: 6px; margin-bottom: 6px;"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">2026 State of Contracts</span></p></li></ul></div></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td style="padding-top:10px;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-26"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="background-color:#ffffff;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border-width:1px;border-style:solid;border-color:#d6d6d6;border-radius:5px" valign="top" class="mceLayoutContainer" id="b26"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="26" id="section_8f450fb37a0d53e48286a971ccbd6452" class="mceLayout"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--19" data-block-id="-19" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" align="center" id="b-5"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="-5"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--25" data-block-id="-25" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" id="b29"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="29"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="24" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0" valign="top" class="mceColumn" id="mceColumnId-28" data-block-id="28" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-152"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" id="b152"><table width="100%" style="border:0;background-color:transparent;border-radius:0;border-collapse:separate"><tbody><tr><td style="padding-left:12px;padding-right:12px;padding-top:8px;padding-bottom:0" class="mceTextBlockContainer"><div data-block-id="152" class="mceText" id="d152" style="width:100%"><p style="margin-top: 6px; margin-bottom: 6px;"><strong><span style="color:#ff4716;"><span style="font-size: 13px">TRACKED CHANGES</span></span></strong></p><h1 style="text-align: left;" class="last-child"><span style="color:#111111;"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">Claude’s Legal Plugin Sparks $285B Selloff—But Was The Hype Overblown?</span></span></h1></div></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td style="background-color:transparent;padding-top:12px;padding-bottom:12px;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" class="mceImageBlockContainer" align="center" id="b30"><div><!--[if !mso]><!--></div><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate;margin:0;vertical-align:top;max-width:100%;width:100%;height:auto" role="presentation" data-testid="image-30"><tbody><tr><td style="border:0;border-radius:0;margin:0" valign="top"><img alt="" src="https://mcusercontent.com/c2eb9fbf45ca11470e552757a/images/34c138e2-d4c6-c8be-f529-4df01bebfdf7.png" width="658" height="auto" style="display:block;max-width:100%;height:auto;border-radius:0" class="imageDropZone mceImage" data-block-id="30"></td></tr></tbody></table><div><!--<![endif]--></div><div>
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</div></td></tr><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-151"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" id="b151"><table width="100%" style="border:0;background-color:transparent;border-radius:0;border-collapse:separate"><tbody><tr><td style="padding-left:12px;padding-right:12px;padding-top:2px;padding-bottom:12px" class="mceTextBlockContainer"><div data-block-id="151" class="mceText" id="d151" style="width:100%"><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">Markets panicked after Anthropic launched a legal plugin for Claude Cowork on Feb 3. Thomson Reuters dropped 16%, RELX fell 14%, and LegalZoom sank nearly 20%—wiping roughly $285 billion from the legal tech sector in a single day.</span></span></p><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><br></p><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><strong><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">The details:</span></span></strong></p><ul><li class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px; color: #111111;"><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">The plugin is designed to help legal teams review contracts inside Claude.</span></span></p></li><li class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px; color: #111111;"><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">It was released alongside 10 others, including plugins for Finance and Sales</span></span><strong><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">.</span></span></strong></p></li><li class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px; color: #111111;"><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">Thomson Reuters (45% legal revenue exposure) took the hardest hit.</span></span></p></li><li class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px; color: #111111;"><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">The news dragged software ETFs to their worst performance since April.</span></span></p></li><li class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px; color: #111111;"><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">By last week, investors bought the dip, and most stocks began to recover.</span></span></p></li></ul><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><br></p><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><strong><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">Why it matters: </span></span></strong><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">The selloff was driven by fear that foundation model companies might soon cut out the middlemen in legal tech (and SaaS more broadly). If Anthropic can offer "contract review" directly, why pay a vendor?</span></span></p><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><br></p><p style="margin-top: 0px; margin-bottom: 0px;"><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">But the market missed the technical reality. Anthropic’s plugin is, at its core, a large prompt that users trigger inside a chat window. It’s </span></span><em><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">not</span></span></em><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif"> a dedicated legal platform with deep integrations and dependable data, like Thomson Reuters. </span></span></p><p style="margin-top: 0px; margin-bottom: 0px;"><br></p><p style="margin-top: 0px; margin-bottom: 0px;"><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">The real story, then, is less about the product and more about how absurdly primed investors were to react to it. It seems the </span></span><a href="https://www.nonbillable.co.uk/news/legal-tech-founders-anthropic-legal-play" target="_blank" style="color: #111111; text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(17, 17, 17);">“gotcha” moment</span></strong></a><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">—when AI supposedly devours SaaS—is a narrative still being chased, not validated.</span></span></p><table class="last-child"><tbody><tr></tr></tbody></table></div></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td style="padding-top:10px;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-129"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" id="b129"><table width="100%" style="border-width:2px;border-style:solid;border-color:#111111;background-color:transparent;border-radius:5px;border-collapse:separate"><tbody><tr><td style="padding-left:12px;padding-right:12px;padding-top:12px;padding-bottom:12px" class="mceTextBlockContainer"><div data-block-id="129" class="mceText" id="d129" style="width:100%"><p class="last-child" style="text-align: left;"><em><strong><span style="color:#111111;">Draft, review, and redline contracts 10x faster. Get a 7-day trial of Spellbook </span></strong></em><a href="https://www.spellbook.legal/newsletter-spellbook-reviews-lander" target="_blank" style="color: #ff4716; text-decoration-color: rgb(255, 71, 22); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong>here</strong></a></p></div></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td style="padding-top:10px;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-141"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="background-color:#ffffff;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border-width:1px;border-style:solid;border-color:#d6d6d6;border-radius:5px" valign="top" class="mceLayoutContainer" id="b141"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="141" id="section_00881d2ff237c0c1b09f30e5ed75de72" class="mceLayout"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--22" data-block-id="-22" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" align="center" id="b-11"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="-11"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--28" data-block-id="-28" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" id="b144"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="144"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="24" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0" valign="top" class="mceColumn" id="mceColumnId-143" data-block-id="143" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-153"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" id="b153"><table width="100%" style="border:0;background-color:transparent;border-radius:0;border-collapse:separate"><tbody><tr><td style="padding-left:12px;padding-right:12px;padding-top:5px;padding-bottom:8px" class="mceTextBlockContainer"><div data-block-id="153" class="mceText" id="d153" style="width:100%"><p class="mcePastedContent" style="margin-top: 6px; margin-bottom: 6px;"><strong><span style="color:rgb(255, 71, 22);"><span style="font-size: 13px">FOR REVIEW</span></span></strong></p><h2 class="mcePastedContent" style="text-align: left;"><span style="color:rgb(17, 17, 17);"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">Other Stories</span></span></h2><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://www.spellbook.legal/state-of-legal-contracts" target="_blank" style="color: rgb(0, 0, 0); text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(0, 0, 0);">Groq CLO</span></strong></a><span style="color:rgb(17, 17, 17);"> says she's "horrified" by firms still banning lawyers from using AI.</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://www.linkedin.com/posts/scottas_claudes-new-legal-plug-ins-are-massively-activity-7425265090343399424-v7e-?utm_source=share&utm_medium=member_desktop&rcm=ACoAABdkB9YBD-b2bserVnVik5VRoI6CqqVfU6I" target="_blank" style="color: rgb(0, 0, 0); text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(0, 0, 0);">Spellbook CEO</span></strong></a><span style="color:rgb(17, 17, 17);"> weighs in on the Claude Crash—sparks debate on LinkedIn.</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://www.nonbillable.co.uk/news/baker-mckenzie-job-cuts-back-office-ai?utm_source=chatgpt.com" target="_blank" style="color: rgb(0, 0, 0); text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(0, 0, 0);">Baker McKenzie</span></strong></a><span style="color:rgb(17, 17, 17);"> cuts 10% of business-services roles as AI hits back-office work.</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://techcrunch.com/2026/02/09/harvey-reportedly-raising-at-11b-valuation-just-months-after-it-hit-8b/" target="_blank" style="color: rgb(0, 0, 0); text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(0, 0, 0);">Harvey reportedly</span></strong></a><span style="color:rgb(17, 17, 17);"> raising $200M, its fourth mega round in 14 months.</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://www.nonbillable.co.uk/news/lawhive-series-b-fundraise?utm_source=chatgpt.com" target="_blank" style="color: rgb(0, 0, 0); text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(0, 0, 0);">Lawhive raises</span></strong></a><span style="color:rgb(17, 17, 17);"> £60M Series B to export its AI-native law firm platform to the US.</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://legaltechnology.com/2026/02/11/report-knowledge-maturity-identified-as-key-differentiator-in-ai-success/" target="_blank" style="color: rgb(0, 0, 0); text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(0, 0, 0);">California's AI </span></strong></a><a href="https://laist.com/brief/news/new-law-forces-ai-makers-to-disclose-disaster-plans" target="_blank" style="color: rgb(0, 0, 0); text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(0, 0, 0);">Act</span></strong></a><span style="color:rgb(17, 17, 17);"> forces AI giants to publish safety frameworks or face $1M fines.</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://legaltechnology.com/2026/02/11/report-knowledge-maturity-identified-as-key-differentiator-in-ai-success/" target="_blank" style="color: rgb(0, 0, 0); text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(0, 0, 0);">iManage report</span></strong></a><span style="color:rgb(17, 17, 17);"> shows firms with "mature" data ops are blowing past peers.</span></p><p style="margin-top: 12px; margin-bottom: 12px;" class="last-child"><a href="https://www.linkedin.com/posts/laurajeffordsgreenberg_i-trained-hundreds-of-lawyers-how-to-use-activity-7427999484330172417-REEs/?utm_source=share&utm_medium=member_desktop&rcm=ACoAABdkB9YBD-b2bserVnVik5VRoI6CqqVfU6I" target="_blank" style="color: rgb(0, 0, 0); text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong><span style="color:rgb(0, 0, 0);">GC asks</span></strong></a><span style="color:rgb(17, 17, 17);"> LinkedIn for legal AI tool recommendations—post goes viral. </span></p></div></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td style="padding-top:10px;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-70"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="background-color:#ffffff;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border-width:1px;border-style:solid;border-color:#d6d6d6;border-radius:5px" valign="top" class="mceLayoutContainer" id="b70"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="70" id="section_da15e9170b9388bf96a2a3c490913194" class="mceLayout"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--20" data-block-id="-20" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" align="center" id="b-7"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="-7"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--26" data-block-id="-26" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" id="b74"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="74"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="24" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0" valign="top" class="mceColumn" id="mceColumnId-73" data-block-id="73" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-154"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" id="b154"><table width="100%" style="border:0;background-color:transparent;border-radius:0;border-collapse:separate"><tbody><tr><td style="padding-left:12px;padding-right:12px;padding-top:8px;padding-bottom:8px" class="mceTextBlockContainer"><div data-block-id="154" class="mceText" id="d154" style="width:100%"><p style="margin-top: 6px; margin-bottom: 6px;"><strong><span style="color:rgb(255, 71, 22);"><span style="font-size: 13px">CAREER MOVES</span></span></strong></p><h2 style="text-align: left;"><span style="color:#111111;"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">Legal AI Jobs</span></span></h2><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://job-boards.greenhouse.io/deepmind/jobs/7597051" target="_blank" style="color: #111111; text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong>Product Counsel, Gemini</strong></a><span style="color:#111111;"><span style="font-size: 13px"> </span>@ Google</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://openai.com/careers/counsel-commercial-san-francisco/" target="_blank" style="color: #111111; text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong>Counsel, Commercial</strong></a><span style="color:#111111;"> @ OpenAI</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://jobs.ashbyhq.com/cohere/ad14cd1d-f0fd-419d-842e-dae84801588a" target="_blank" style="color: #111111; text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong>Senior Counsel, Commercial</strong></a><span style="color:#111111;"> @Cohere</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://www.spellbook.legal/careers?ashby_jid=3feb5dc3-f286-4184-8eb1-a3a361f9cede" target="_blank" style="color: #111111; text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong>Legal Solutions Architect</strong></a><span style="color:#111111;"> @ Spellbook</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><a href="https://www.linkedin.com/posts/activity-7412858836660891648-TYOO?utm_source=share&utm_medium=member_desktop&rcm=ACoAABdkB9YBD-b2bserVnVik5VRoI6CqqVfU6I" target="_blank" style="color: #111111; text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong>Head of Legal Ops</strong></a><span style="color:#111111;"> @ TikTok</span></p><p style="margin-top: 12px; margin-bottom: 12px;" class="last-child"><a href="https://www.linkedin.com/jobs/view/4312886094" target="_blank" style="color: #111111; text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong>Legal Tech Specialist</strong></a><span style="color:#111111;"> @ Tory's</span></p></div></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td style="padding-top:10px;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-81"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="background-color:#ffffff;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border-width:1px;border-style:solid;border-color:#d6d6d6;border-radius:5px" valign="top" class="mceLayoutContainer" id="b81"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="81" id="section_d00e4c4b51563daab7d69976ee3392c7" class="mceLayout"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--21" data-block-id="-21" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" align="center" id="b-9"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="-9"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--27" data-block-id="-27" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" id="b86"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="86"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="24" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0" valign="top" class="mceColumn" id="mceColumnId-85" data-block-id="85" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-155"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" id="b155"><table width="100%" style="border:0;background-color:transparent;border-radius:0;border-collapse:separate"><tbody><tr><td style="padding-left:12px;padding-right:12px;padding-top:8px;padding-bottom:0" class="mceTextBlockContainer"><div data-block-id="155" class="mceText" id="d155" style="width:100%"><p style="margin-top: 6px; margin-bottom: 6px;"><strong><span style="color:#ff4716;"><span style="font-size: 13px">NEW DATA</span></span></strong></p><h2 style="text-align: left;" class="last-child"><span style="color:#111111;"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">What’s Actually Market? The 2026 Benchmarks</span></span></h2></div></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td style="background-color:transparent;padding-top:12px;padding-bottom:12px;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" class="mceImageBlockContainer" align="center" id="b83"><div><!--[if !mso]><!--></div><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate;margin:0;vertical-align:top;max-width:100%;width:100%;height:auto" role="presentation" data-testid="image-83"><tbody><tr><td style="border:0;border-radius:0;margin:0" valign="top"><img alt="" src="https://mcusercontent.com/c2eb9fbf45ca11470e552757a/images/818f44b8-f967-7c85-0b7d-1292faf09cb9.png" width="658" height="auto" style="display:block;max-width:100%;height:auto;border-radius:0" class="imageDropZone mceImage" data-block-id="83"></td></tr></tbody></table><div><!--<![endif]--></div><div>
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</div></td></tr><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-156"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" id="b156"><table width="100%" style="border:0;background-color:transparent;border-radius:0;border-collapse:separate"><tbody><tr><td style="padding-left:12px;padding-right:12px;padding-top:2px;padding-bottom:12px" class="mceTextBlockContainer"><div data-block-id="156" class="mceText" id="d156" style="width:100%"><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><span style="color:#111111;">Spellbook just released its 2026 State of Contracts report, a 290-page analysis of contract trends and benchmarks.</span></p><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><br></p><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><span style="color:#111111;"><span style="font-size: 16px"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif"><span style="background-color: rgb(255, 255, 255)">A few standout findings:</span></span></span></span></p><p class="" style="box-sizing: border-box; margin: 0px; text-size-adjust: 100%; padding: 0px; word-break: break-word; font-weight: 400; line-height: 1.5; text-align: left; letter-spacing: normal; direction: ltr; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; mso-line-height-alt: 150%;"><br></p><ul style="box-sizing: border-box; margin-top: 0px; margin-bottom: 0px; padding-left: 20px; overflow: hidden; color: rgb(0, 0, 0); font-family: Times; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><li class="" style="box-sizing: border-box; margin: 0px; text-size-adjust: 100%; padding: 0px; word-break: break-word; line-height: 1.5; text-align: left; letter-spacing: 0px; direction: ltr; mso-line-height-alt: 150%; color: #111111;"><p class="" style="box-sizing: border-box; margin: 0px; text-size-adjust: 100%; padding: 0px; word-break: break-word; line-height: 1.5; text-align: left; letter-spacing: 0px; direction: ltr; mso-line-height-alt: 150%;"><span style="color:#111111;"><span style="font-size: 16px"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif"><span style="font-weight:normal;"><span style="background-color: rgb(255, 255, 255)">One-way indemnification in MSAs favors clients 3 to 1</span></span></span></span></span></p></li><li class="" style="box-sizing: border-box; margin: 0px; text-size-adjust: 100%; padding: 0px; word-break: break-word; line-height: 1.5; text-align: left; letter-spacing: 0px; direction: ltr; mso-line-height-alt: 150%; color: #111111;"><p class="" style="box-sizing: border-box; margin: 0px; text-size-adjust: 100%; padding: 0px; word-break: break-word; line-height: 1.5; text-align: left; letter-spacing: 0px; direction: ltr; mso-line-height-alt: 150%;"><span style="color:#111111;"><span style="font-size: 16px"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif"><span style="font-weight:normal;"><span style="background-color: rgb(255, 255, 255)">Nearly 1 in 5 SaaS Service Agreements now include AI language</span></span></span></span></span></p></li><li class="" style="box-sizing: border-box; margin: 0px; text-size-adjust: 100%; padding: 0px; word-break: break-word; line-height: 1.5; text-align: left; letter-spacing: 0px; direction: ltr; mso-line-height-alt: 150%; color: #111111;"><p class="" style="box-sizing: border-box; margin: 0px; text-size-adjust: 100%; padding: 0px; word-break: break-word; line-height: 1.5; text-align: left; letter-spacing: 0px; direction: ltr; mso-line-height-alt: 150%;"><span style="color:#111111;"><span style="font-size: 16px"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif"><span style="font-weight:normal;"><span style="background-color: rgb(255, 255, 255)">46% of SaaS contracts have no binding dispute resolution method</span></span></span></span></span></p></li></ul><p class="mcePastedContent" style="margin-top: 0px; margin-bottom: 0px;"><br></p><p><span style="color:#111111;">The full report includes five deep-dive data stories and 270+ term benchmarks for you to explore.</span></p><p><br></p><p><a href="https://www.spellbook.legal/state-of-legal-contracts" target="_blank" style="color: #111111; text-decoration-color: rgb(255, 187, 168); text-decoration-thickness: 1px; text-underline-offset: 4px;"><strong>Download Now</strong></a></p><table class="last-child"><tbody><tr></tr></tbody></table></div></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr><td style="padding-top:10px;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-157"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="background-color:#ffffff;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border-width:1px;border-style:solid;border-color:#d6d6d6;border-radius:5px" valign="top" class="mceLayoutContainer" id="b157"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="157" id="section_c5f8dd47a0ddfc2417275e0b29ad525a" class="mceLayout"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--24" data-block-id="-24" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" align="center" id="b-15"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="-15"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td valign="top" class="mceColumn" id="mceColumnId--30" data-block-id="-30" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="border:0;border-radius:0" valign="top" id="b160"><table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation" data-block-id="160"><tbody><tr class="mceRow"><td style="background-position:center;background-repeat:no-repeat;background-size:cover" valign="top"><table border="0" cellpadding="0" cellspacing="24" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0" valign="top" class="mceColumn" id="mceColumnId-159" data-block-id="159" colspan="12" width="100%"><table border="0" cellpadding="0" cellspacing="0" width="100%" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0" valign="top" class="mceGutterContainer" id="gutterContainerId-158"><table border="0" cellpadding="0" cellspacing="0" width="100%" style="border-collapse:separate" role="presentation"><tbody><tr><td style="padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0" valign="top" id="b158"><table width="100%" style="border:0;background-color:transparent;border-radius:0;border-collapse:separate"><tbody><tr><td style="padding-left:12px;padding-right:12px;padding-top:8px;padding-bottom:0" class="mceTextBlockContainer"><div data-block-id="158" class="mceText" id="d158" style="width:100%"><p style="margin-top: 6px; margin-bottom: 6px;"><strong><span style="color:rgb(255, 71, 22);"><span style="font-size: 13px">SUGGESTED EDITS</span></span></strong></p><h2 style="text-align: left;"><span style="color:#111111;"><span style="font-family: Arial, 'Helvetica Neue', Helvetica, sans-serif">How’d We Do?</span></span></h2><p style="margin-top: 12px; margin-bottom: 12px;"><span style="color:#111111;">If you have suggestions for improving this newsletter, hit reply. We read every message!</span></p><p style="margin-top: 12px; margin-bottom: 12px;"><em><span style="color:#111111;">- Niko (Editor, The Redline)</span></em></p><p style="margin-top: 12px; margin-bottom: 12px;" class="last-child"><strong><span style="color:#111111;">P.S. 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