Legaltech startup Darrow has laid off approximately one-third of its staff, impacting around 60 employees. This significant reduction includes many legal analysts who were instrumental in developing the company's AI platform. Despite being profitable for three consecutive years, Darrow cited market evolution and technological advancements as reasons for reorganization. The company aims to become a more agile and multidisciplinary organization to support future growth.
https://www.calcalistech.com/ctechnews/article/hy7svt97ge