Welcome to Covenant Monthly
There's a lot of noise right now about how much capital is pouring into legal AI. What's more interesting to us is where it's going. The money is shifting away from tools that solve one narrow problem and toward platforms that actually own a workflow end-to-end, the data behind it, and the trust to be relied on for it. That's not a small distinction. It's the difference between a faster way to do the same task and a genuinely different way of working.
We've believed this from day one. It's why we built Covenant around the full document lifecycle rather than a single point in it, and it's validating to watch the market catch up to that thesis.
Thanks for being here for the start of this. We’re glad to have you along for it.
— Jen Berrent and Richard Perris, Covenant Co-Founders
Client Story
How one alternative asset manager turned fund document review into a competitive advantage:
Read the full story here: https://covenant.co/resources/how-a-leading-global-asset-allocator-turned-fund-document-review-from-a-burden-into-a-competitive-advantage
On The Deal
A profile series on the attorneys building Covenant: career paths that span Kirkland & Ellis, BlackRock, CVC Capital Partners, and private practice across the US and Europe, and what each of them has learned about where private markets legal work is headed now that AI is in the room.
This month: The Terms Were The Terms, featuring Richard Perris
Read the full story here: https://covenant.co/resources/the-terms-were-the-terms
Recognition
Covenant was named to the Financial Times FT Law 50 — Business Model Change category.
Read the full story here: https://www.ft.com/content/2531e887-ecec-43a3-a03e-dc15c87694bb?syn-25a6b1a6=1
