Winston Weinberg

Anthropic dropped a legal plugin for Claude Cowork and $285 billion in market value evaporated in 48 hours. Thomson Reuters fell 16%. RELX plunged 14%. Bloomberg is calling it the “SaaSpocalypse.”

But is the panic justified?

For the first time, a foundation model company is packaging legal workflow tools directly into its platform (e.g. contract review, NDA triage, compliance tracking) rather than just supplying APIs to legal tech vendors. The question every firm, vendor, and in-house team is asking: what happens when your supplier becomes your competitor?

Ted Theodoropoulos and Winston Weinberg, CEO of Harvey AI (the $8 billion legal AI company built on top of models like Claude) had a candid 30-minute conversation about what this announcement actually means, what it doesn’t, and where legal AI goes from here.

You’ll hear:

• What Anthropic actually released vs. what the market thinks it released
• How Harvey views the move from its model provider entering the legal application layer
• The effect on how on investor outlook on legal AI going forward
• What law firms and in-house teams should actually be doing right now

Whether you’re a legal tech buyer, builder, or investor, this is the conversation you need to hear right now.