Kirkland & Ellis entered a multiyear agreement with Palantir Technologies to develop a new AI platform. The tool will leverage Palantir’s technology to advise private equity clients on raising capital.

The world’s highest-grossing law firm is integrating the partnership into a broader $500 million multiyear AI investment strategy.

This initiative aims to embed the firm’s institutional knowledge into proprietary software. The strategy seeks a competitive advantage over firms relying on off-the-shelf AI products.