Harvey has shared an update. The company highlighted new capabilities in its Word Add-In that allow users to analyze and strengthen service level agreements (SLAs) directly within Microsoft Word. The tool enables legal and commercial teams to test uptime commitments, reporting obligations, and remedies, surface contractual risks and suggested improvements, and then apply precise redlines without leaving the document environment.
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For investors, this update underscores Harvey’s focus on deep integration into existing enterprise workflows, particularly in contract review and negotiation. By enhancing SLA drafting and risk management, the product may increase its value proposition to legal departments and service providers that manage complex, high-stakes agreements. Stronger functionality around SLA analysis can support higher user engagement, improve retention among existing customers, and strengthen Harvey’s positioning in the competitive legal AI and contract lifecycle management ecosystem. Over time, if widely adopted, this feature could contribute to expanded seat usage and larger enterprise contracts, supporting revenue growth and reinforcing Harvey’s differentiation as a specialized AI tool for legal and contractual work.