Harvey Expands Legal Agent Bench to M&A Due Diligence
Summary
Harvey AI has broadened its open‑source Legal Agent Bench (LAB) to focus on the complex workflow of M&A due diligence, a process that can cost 1‑4% of a deal’s value and involve thousands of documents. The new LAB introduces synthetic virtual data room (VDR) environments that mimic real‑world acquisitions, such as a hypothetical purchase of Sentinel Cloud Security by Helios Cloud Holdings, containing over 3,500 documents and 45 million tokens of context. AI agents are evaluated on their ability to navigate these documents, identify risks, draft memoranda, and prioritize material issues, aiming to replace labor‑intensive human reviews with scalable, cost‑efficient automation. By moving beyond isolated reasoning tasks to multi‑step workflows, Harvey’s LAB seeks to demonstrate tangible economic benefits for law firms and accelerate the adoption of AI in high‑stakes legal transactions.
(Source:Blockchain News)