Source: TechCrunch
UK-based legaltech startup Lawhive, which offers an AI-based, in-house “lawyer” through a software-as-a-service platform targeted at small law firms, has raised £9.5 million ($11.9 million) in a seed round to expand the reach of AI-driven services for “main street” law firms.
Lawhive targets small law firms or solo lawyers running their own shops. Lawyers can use its software to onboard and manage their own clients, or can sign up for Lawhive’s marketplace to be matched with individual customers and small businesses.
“Pretty much all of the existing legaltech — AI companies like Harvey, Robin AI, or Spellbook — all go after the corporate market,” Pierre Proner, CEO and co-founder of Lawhive, told TechCrunch. “That’s a very small number of big law firms in the U.S. or the UK. We’re trying to solve the problem in the consumer legal space, which is a totally different and separate market. It’s served, at the moment, by — in the UK — 10,000 small law firms.”
Read full article: https://techcrunch.com/2024/04/15/lawhive-raises-12m-to-expand-its-legaltech-ai-platform-for-small-firms/
