Company Research Report: Legl
Company Overview
- Name: The Justice Platform Ltd t/a Legl
- Mission: Bringing the legal industry into the 21st century with digital-first legal service solutions to drive revenue, improve compliance, and reduce lockup.
- Founded: 2019
- Founder: Julia Salasky, whose journey includes positions at Linklaters and the United Nations and the launch of CrowdJustice.
- Key People:
- Julia Salasky, Founder
- Glyn Morris, Projects Partner at Higgs LLP
- Matthew Hoe, Director of Risk and Compliance at Taylor Rose MW
- Niki Forecast, Head of Design
- Tim Rooke, Software Engineer
- Liam Forsyth, Senior Product Designer
- Stuart Crocker, Nandhini Narasimhan & Vlad Ogir, Optimization Contributors
- Anita Zielinska, Product Manager
- Tracey Longbottom, Senior Account Executive
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: AI-enhanced solutions for legal firms; legal tech integration and process automation; modular platform for automating business processes.
Products
Legl KYC & AML
- Description: Provides identity and biometric confirmations, financial and watchlist screening, and ongoing monitoring.
- Key Features:
- Identity verification
- Biometric confirmations
- Financial and watchlist screenings
Legl KYB
- Description: Optimizes regulatory compliance by unwinding complex corporate structures.
- Key Features:
- Detailed compliance support
- Streamlined business verification processes
Legl Pay
- Description: Facilitates faster payments and reduces lock-up and debtor days.
- Key Features:
- Digital-first client payment interface
- Immediate financial reconciliation
Legl Source of Funds
- Description: Enhances understanding of client fund sources.
- Key Features:
- Comprehensive fund tracking
- Detailed financial origins assessment
Legl Assist
- Description: AI-powered summaries and risk assessments for Customer Due Diligence (CDD) checks.
- Key Features:
- AI-driven compliance analysis
- Risk assessment integration
Legl CMI
- Description: Centralizes existing client onboarding and matter inception processes.
- Key Features:
- Modular and customizable workflows
- Full integration with existing tech structures
Recent Developments
- Recent Developments: Legl has joined TechNation FutureFifty cohort indicating expansion and innovation intentions.
- New Products Launched: No specific new product launches are mentioned.
- New Features Added: Continuous development of AI and compliance management solutions.
- New Partnerships: Partnerships encompass multiple integrations with leading platforms like P4W, ALB, and Actionstep for enhanced legal tech capabilities.
Partnership and Integrations
- Partners & Integrations:
- P4W, ALB, Proclaim, DPS, Quill, Actionstep
- Custom integrations with InTapp, Mattersphere, Xero
- Client Engagements:
- Legl's client stories highlight enhancements in onboarding processes and compliance management. Notable partners include Taylor Rose MW, who are actively involved in product development and testing of Legl's solutions.
Market Position and Strategy
- User-Centric Design: Legl emphasizes a collaborative partnership approach in its client engagements, focusing on solving client-specific challenges with customized solutions.
- Innovative Practices: Legl continues to spearhead innovation with the development of new AI-enhanced legal solutions, marking its spot at the forefront of legal tech innovation.
This report provides a professional and detailed insight into Legl's current market operations, products, and recent strategic developments, reflecting its commitment to transforming legal services through technology.
