Everyone Wants Harvey and Here’s Why

When PwC rolled out Harvey, an AI-powered legal assistant across its legal services teams, it was the junior attorneys who showed the most enthusiasm. “They don’t want to sit there going through legislation manually trying to piece things together,” said Bivek Sharma, Partner and Chief AI Officer at PwC UK, at Fortune’s Brainstorm AI conference in London. “They can have a tool to kind of get them 60% to 70% of the way there, then they can do more qualitative work.”

Harvey, developed by a San Francisco-based startup of the same name, was founded in 2022. It is designed to automate tasks such as contract analysis, document drafting, legal research, and compliance review. The company has since grown to a valuation of $3 billion and has reported over $70 million in annual recurring revenue.

Adoption Across Corporate Legal Departments

Verizon and Comcast are among the companies publicly using Harvey to support their legal teams.

Verizon’s legal and compliance functions began integrating Harvey through a program dubbed “Generative January.” The initiative included 21 hours of hackathons involving 51 teams across legal, policy, and responsible business units. Gabrielle Kohlmeier, Global Head of Legal Innovation and Emerging Solutions at Verizon, said the hackathons helped identify “value-generating and cost-saving applications” quickly.