Source: Legal IT Insider
Australian online legal services provider Lawpath announced an AUS $10m (£5m) strategic investment round led by Westpac Bank, creating an exclusive partnership. The partnership, which follows last year’s launch of LLM-based legal services offering Lawpath AI, is intended to make essential business services more accessible and affordable for Westpac Customers and Australian businesses.
“Our ambition is to make the law more accessible to small businesses and support them with a broad range of services to help them thrive,” said Dominic Woolrych, CEO of Lawpath. “This partnership with Westpac marks a significant milestone in our mission to revolutionise how businesses access legal and professional services.”
Lawpath, which is Amazon Web Services hosted, last year launched Lawpath AI, leveraging Anthropic Claude on Amazon Bedrock – Claude is Anthropic’s large language model and AWS is its primary cloud provider. Lawpath AI provides users with a range of self-service legal solutions, including document review and the creation of employment contracts, privacy policies, T&Cs and other agreements. Lawpath says that its AI system is now trained on over 36 million data points, case law, legislation, legal contracts, and anonymous interactions with more than 500,000 small businesses.
“Lawpath AI has allowed us to unlock legal help at scale,” said Woolrych. “Shifting legal from a one-to-one model to a one-to-many model has meant we can provide legal help on-demand, at scale at a fraction of the traditional cost.”
Read the full article: https://legaltechnology.com/2025/02/04/lawpath-secures-aus-10m-and-exclusive-partnership-with-westpac-bank/
