Online Legal services, e-discovery, practice management software these startups are changing the way our way to do law.
Legal startups you definitely want to know about
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Despite being quite new, the legal technology industry knows an important growth with $739 million fund raised since 2011. The legal industry being highly procedural, there is plenty of opportunities to improve, simplify and computerize processes.
Here are some of the legal startups disrupting the market as we know it :
Online Legal Services : not unlike lawyers, these startups provide various legal services but online.
Examples : Legalzoom.
E-discovery : these startups create digital tools to help search for electronic data, used as evidence in cases.
Examples : kCura.
Practice Management Software : creates tools to manage billing, time, and contract to law firms.
Examples : Clio.
The IP expert
Intellectual Property/Trademark Software Services : simplifies the invention disclosure process for IP.
Examples : Decipher.
Artificial Intelligence Legal Tech : these startups sell artificial intelligence help to summarize legal documents.
Examples : Premonition.
Litigation Finance : invest in legal claims, if the plaintiff wins investors get a portion of the proceeds, if not they gain nothing.
Examples : Mighty.
The Head Hunter
Lawyer Search : looking for a lawyer? These startups help you find the right lawyer for the right case.
Examples : Lexoo.
Legal Research : guides you through the difficulties of legal researches with tools to research better and faster.
Examples : Casetext.
Notarization Tools : only player on this market Notarize provides digital notarization services.