What each tool actually does — beyond the marketing pages
**Casetext CoCounsel** is the workhorse. Acquired by Thomson Reuters in 2023 for $650M, it now lives as a CoCounsel-branded layer inside the Westlaw ecosystem. Per https://www.thomsonreuters.com/en/products/cocounsel.html, the product handles legal research, deposition summarization, contract review, and database querying with retrieval grounded in Westlaw's case law corpus. The killer feature is citation reliability — because the retrieval layer is Westlaw, hallucinated citations are far less common than with general-purpose LLMs. The weakness is that it's bundled-pricing-only for most firms and the seat cost (~$500/month when sold standalone) makes it expensive for solos.
**Harvey** (https://www.harvey.ai/) is the BigLaw status symbol. Built on a combination of OpenAI and Anthropic foundation models with custom legal post-training, Harvey is deployed at firms like Allen & Overy, PwC, and a long list of AmLaw 50 shops. It does drafting, M&A workflow automation, research, and litigation prep — but it's only sold via enterprise contracts. There's no self-serve, no monthly billing, no public pricing page. Reported deal sizes put it at roughly $3K-$5K per lawyer per year on multi-year contracts, which means a 500-lawyer firm is writing a $1.5M-$2.5M annual check.
**Hebbia** (https://www.hebbia.com/) is the document-mountain tool. Originally targeted at hedge funds and private equity, it migrated into legal because the underlying problem — searching across 10,000+ documents and synthesizing answers with citations — is the same as legal diligence. Hebbia's 'Matrix' product runs parallel LLM queries across massive document sets and returns structured tables, which is gold for M&A diligence, regulatory investigations, and large litigation document reviews. Pricing is enterprise-only, typically $25K-$150K/year depending on user count and data volume.
**Paxton AI** (https://www.paxton.ai/pricing) is the disruptor. Founded in 2023, Paxton publishes prices openly — Personal at $9/month, Pro at $79/month, Premium at $149/month — and targets solos and midsize firms that can't justify $500/seat for CoCounsel. It does legal research with citation grounding, document drafting, contract review, and case analysis. It's not as deep as Harvey on enterprise workflow, and it doesn't have Westlaw's database, but for a solo lawyer doing trusts, family law, or small commercial work, it covers 80% of the job at 6% of the cost.
**Diligen** (https://diligen.com/) and **EvenUp** (https://www.evenuplaw.com/) are the specialists. Diligen does AI contract review for due diligence — point it at a data room of 5,000 contracts, get back a structured analysis of change-of-control clauses, MAC provisions, and indemnification caps. EvenUp is laser-focused on personal injury — it ingests medical records and generates demand letters, priced per case at $100-$300. Neither tool is a paralegal replacement across the board; they're paralegal replacements for one specific workflow each, and they're priced accordingly.