Theo Ai, a legal intelligence start-up that predicts case outcomes and estimates settlement values, has appointed Sandra Leung to its board of directors. Leung spent nearly 33 years at Bristol Myers Squibb, including more than a decade as general counsel, where she managed litigation risk at a scale few executives ever reach.
In her new role, Leung will help shape the company's approach to responsible AI delivery, corporate governance, and how enterprise legal teams assess litigation risk. The firm says her experience will be critical as it continues to scale.
Deep experience in pharmaceutical litigation
Leung served on Theo Ai's GC advisory board since its inception in November last year. She departed Bristol Myers Squibb in May 2024 after over three decades at the company. She also sits on the boards of Bausch Health Companies, the Asian American Legal Defence and Education Fund, and the Minority Corporate Counsel Association.
Leung said: "What impressed me most about Theo Ai is its ability to help legal teams separate the signal from the noise, especially in complex matters involving voluminous medical records. Having led legal teams through high-stakes enterprise risk, I see tremendous potential for Theo Ai to help teams review information more thoroughly, develop strategy faster and make better-informed decisions."
Building AI that separates signal from noise
Patrick Ip, co-founder and CEO of Theo Ai, said Leung's experience managing litigation risk at one of the world's largest pharmaceutical companies gives her a unique perspective. "She will help ensure our AI is not only powerful, but practical, responsible and grounded in the litigation challenges and enterprise risks Fortune 500 companies manage every day," he said.
Theo Ai uses AI to predict case outcomes and estimate settlement values. The California-based company was founded two years ago by Ip, Alex Alben, and Tiago Luchini. Ip previously founded PSI Group, a technology venture firm. Alben co-founded Get Smart Cyber Defense and directs The AI Forum. Luchini co-founded biotechnology research company Deep Origin.
Scaling the legal intelligence platform
The company recently strengthened its executive team by hiring Pamela Fehring as head of product marketing. Fehring spent 12 years at US Bank, most recently as chief AI counsel, and will focus on connecting the company's litigation intelligence capacity to the strategic needs of enterprise legal teams.
In November last year, Theo Ai announced a $6.8 million funding round led by Run Ventures, bringing its total funding to $10 million after a seed round in May 2025. The investment reflects growing interest in AI for Legal tools that help in-house teams manage risk and make data-driven decisions.
In a related move, Arnold & Porter appointed its first chief AI officer, Roger Maede, to develop and implement AI-powered tools for client work last week.
Why this matters for legal professionals
Leung's appointment signals that AI tools for litigation prediction and settlement valuation are moving deeper into enterprise legal departments. Her experience in high-stakes pharmaceutical litigation highlights the practical demands these tools must meet: handling voluminous, complex records and delivering insights that are immediately useful. For in-house counsel, the shift toward AI-powered case assessment means faster strategy development and more informed decision-making, but only if the technology is built with corporate governance and risk management at its core.
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