Harvey, a pioneering legal tech startup, is taking strategic steps to maintain its leadership in the rapidly evolving field of AI-powered legal software. The company, which has raised over $500 million and achieved a $3 billion valuation, is now facing increased competition from rivals eager to capture market share in the legal AI space.

To stay ahead, Harvey is expanding its AI capabilities beyond its initial partnership with OpenAI. The company announced it will now incorporate models from Anthropic (Claude) and Google (Gemini), addressing criticisms from competitors who claimed superiority due to their multi-model approach.

Harvey's CEO, Winston Weinberg, emphasized that the company's true edge lies in its deep customization capabilities. The startup works closely with top law firms to develop bespoke legal workflow software, turning these custom projects into reusable building blocks that can be adapted for new clients.

The company has also made a key hire, bringing on Stripe veteran John Haddock as chief business officer to help scale operations. Haddock cited the overwhelmingly positive feedback from Harvey's customers as a key factor in his decision to join the company.

Despite the growing competition, Harvey remains confident in its strategy of focusing on building tools that lawyers need and use daily. The company has reported crossing $70 million in annual recurring revenue last quarter and is on track to reach $100 million ARR for the year.

As the legal tech market continues to evolve, Harvey's ability to maintain its first-mover advantage while adapting to changing client needs and technological advancements will be crucial in determining its long-term success in the increasingly crowded legal AI landscape.