LawAdvisor Ventures: Company Research Report
Company Overview
Name: LawAdvisor Ventures
Mission: LawAdvisor was founded with a belief that everyone should have access to justice. The company's mission is to overcome the high costs, inefficiencies, and difficulties of obtaining legal help by providing greater access to legal information and high-quality, affordable lawyers online.
Founded: 2015
Founder: Brennan Ong
Key People:
- Brennan Ong, Founder and CEO
- Lars Rasmussen, Advisor (Founder of Google Maps and former Director of Engineering at Facebook)
- Ralph Baxter, Advisor (Former Chairman and CEO of Orrick Herrington & Sutcliffe LLP)
- Jason Barnwell, Advisor (Microsoft’s Associate General Counsel)
- Gary Tully, Advisor (Head of Legal Operations at Gilead Sciences)
- Ben Davey, Advisor (Former CEO of Barclays Ventures)
Headquarters: London, United Kingdom
Number of Employees: No information is available.
Revenue: LawAdvisor achieved annual recurring license revenues in excess of $2 million on the release of its products.
Known For: LawAdvisor is known for its innovative software solutions that transform the delivery of legal services by integrating technology into legal operations. The company provides legal technology solutions that improve productivity and service delivery for corporate legal departments and law firms.
Products
LegalEye
- Description: LegalEye is a software solution that enhances collaboration and communication between lawyers and stakeholders during legal matters. It aims to boost productivity and maximize the time lawyers spend on casework rather than administrative tasks.
- Key Features:
- Enhanced communication capabilities
- Collaboration tools for legal teams and stakeholders
- Integration with existing legal workflows
Fibonacci
- Description: Fibonacci is a purpose-built legal project management system that allows legal departments to manage workflows, automate routine processes, and improve efficiency.
- Key Features:
- Legal project management tools
- Workflow automation
- Integration with legal service delivery systems
LawAdvisor Vault™
- Description: A platform for smart and fast contracting, enabling users to create, negotiate, and execute contracts within a single platform.
- Key Features:
- Contract templates and workflows
- Compliance assurance tools
- Secure transaction execution
Recent Developments
Seed Round Investment:
- LawAdvisor recently secured $5 million in seed round funding from investors including Ralph Baxter, Lars Rasmussen, Jason Barnwell, Gary Tully, and Ben Davey. This funding will be used to scale the team, enhance the products, and capitalize on opportunities to reshape the legal service industry.
Product Launch:
- LawAdvisor launched two significant products, LegalEye and Fibonacci, in early 2021, which were developed in collaboration with leading law firms such as Barclays, Bird & Bird, Simmons & Simmons, Paul Hastings, Clifford Chance, and Shearman & Sterling.
Partnerships:
- The company has partnered with law firms like Bird & Bird and Barclays to co-develop its software solutions, which are now being used by multinational clients.
Market Expansion:
- LawAdvisor is expanding its market presence by moving its headquarters to London, UK, to better tap into the global legal tech industry.
Advisory Panel:
- An advisory panel including industry experts Steve Albrecht, Christopher Grant, Stéphanie Hamon, and David Kerr has been formed to guide the company in further developing its technology and business strategies.
Certifications:
- LawAdvisor has obtained ISO27001 and Cyber Essentials Plus certifications, ensuring the highest global standards for information security management.
This report compiles all available information based on the given data. Fields with no data have been marked as "No information is available". This report intends to provide a professional and comprehensive overview of LawAdvisor Ventures for stakeholders and interested parties.
