Norm, which runs an AI law firm that provides AI-powered legal services to clients alongside human lawyers, raised $120M led by Khosla at a $1.2B valuation (Guinevere Grant/Bloomberg)

Norm, an AI-focused law firm that pairs artificial-intelligence tools with human attorneys, has secured a $120 million financing round. The investment values the company at $1.2 billion, establishing it as a unicorn. The capital will be used to develop AI-native legal services and expand its offerings.

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