AI law firm Moritz, co-founded by former OpenAI legal advisor Pamir Ehsas, has announced the completion of a $9 million funding round. According to ChainCatcher, the investment was led by Y Combinator and 20VC, with participation from Urban Innovation Fund, Inception, and founders of several tech companies including Reddit, Dropbox, and Hugging Face.
Moritz positions itself as an 'AI-native law firm,' offering fixed-price legal services. The firm utilizes artificial intelligence to handle most drafting and research tasks, which are then reviewed by lawyers who assume legal responsibility.