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EXCERPT:
Anthropic (ANTH.PVT) is expanding its presence in the legal software market as it continues to grow its enterprise footprint.
The latest offerings include integration with platforms law firms already use, such as Box (BOX) and Thomson Reuters (TRI), plugins designed for specific tasks and roles such as corporate counsel, regulatory counsel, and law students, and integration with Microsoft (MSFT) 365.
The launch comes just a week after Anthropic debuted its Claude for Financial Services, which includes 10 customizable AI agents for financial users, the ability to use Claude’s financial capabilities across Microsoft 365, and the option to connect Claude to more applications.
It also comes as the software industry continues to deal with the fallout from the initial debut of Anthropic’s Claude Cowork, which has hammered software stocks over fears that the AI startup will steal market share from existing enterprise platforms.
Anthropic’s new legal products could further raise concerns about the future of legacy enterprise services.
The company’s latest products feature 20 model context protocol (MCP) connectors, which allow Claude to connect to existing pools of data and tools in apps. That includes the ability to use Claude with programs such as DocuSign (DOCU), Ironclad, Datasite, and other legal software.
