"EvenUp provides all sorts of AI-driven tools to help PI lawyers, who primarily get paid on a contingency fee basis, in efficiently drafting, reviewing, and strategizing across the entire case lifecycle, according to the press release announcing the funding. It's trained on thousands of PI cases and millions of medical records (more on this below). According to Rami Karabibar, CEO and co-founder of EvenUp, "Legal AI is no longer a side bet; it's becoming the backbone of personal injury law.""
"First, AI tools enable PI lawyers to do things in a fraction of the time it previously took. Since they spend less time working up a case, their profit is increased. These guys don't bill by the hour. They get paid based on the result. The less time needed to get to the result, the more money they make."
"Secondly, because they can do things with EvenUp in less time, PI lawyers can take cases that would not have previously been profitable because the time needed to work up the case would exceed the foreseeable recovery. That means more access to justice for folks who may be injured. Raymond Mieszaniec, the co-founder of EvenUp and its COO, puts it this way, "Our mission remains simple: give every victim a fair shot at justice.""
EvenUp raised $150 million from investors including Bessemer Venture Partners and REV and now has a $2 billion valuation. The company offers AI-driven tools that assist personal injury plaintiffs' lawyers across drafting, review, and case strategy, trained on thousands of PI cases and millions of medical records. The platform reduces time spent on case work, increasing contingency-fee firms' profitability and enabling acceptance of lower-value cases that previously were uneconomic, thereby expanding access to justice. Founders describe legal AI as central to personal injury practice and emphasize a mission to give injured victims a fair shot at justice.
Read at Above the Law
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