Eudia, a venture capital-backed startup that makes an artificial intelligence-powered platform for corporate legal teams, said it has launched a law firm in Arizona under loosened law firm ownership rules. Palo Alto-based Eudia has opened what it called an ‘AI-augmented’ law firm, Eudia Counsel, that will equip lawyers with its technology to serve corporate clients in areas including contracting and merger and acquisition diligence, according to company leaders. The firm is the latest in a growing number of firms and businesses that have been licensed as ‘alternative business structures’ in Arizona since 2020, when the state scrapped rules barring non-lawyers from having an economic interest in law firms, allowing co-ownership with court approval. Sara Merken has more: https://reut.rs/4p5RuzaRead More
