The legal industry is undergoing a digital transformation over the recent years. Hundreds of legal tech startups pop up daily all over the world. The growing number of promising legal tech startups guarantees the efficiency, transparency, and affordability of legal services. The high tech legal startups have come to revolutionize the way legal processes are handled: from hiring a legal research assistant to appearance attorneys, from getting simple legal answers to high-quality litigation support. The most common types of legal tech startups include electronic legal marketplaces, legal advice and content portals, legal databases, legal process outsourcing and so on.
Some of the legal startups fail, others succeed. We have thoroughly researched and identified 6 successful legal tech startups that stand out in the US legal tech market map due to effectiveness and high-quality innovative legal solutions. Note that the following list does not imply a ranking of significance:
Clio–An outstanding legal practice management software that has raised over $25M from investors like Bessemer Venture Partners and Point Nine Capital, among others. This is an effective time & billing and client collaboration platform for small- to mid-sized law firms. With over 90 app integrations, Clio offers more integrations than any other practice management software.
Avvo-A revolutionary legal tech that changes the way people get legal help. This is a big pool of legal professionals from various practice areas, states and cities. So, it is a matter of seconds to find an experienced lawyer the moment you need legal assistance. Avvo also provides detailed lawyer profiles, reviews and ratings to help the customer make informed choices.
AppearMe-A real-time, insanely useful and extremely affordable web and mobile app connecting attorneys within minutes. This is a breakthrough legal startup that changes the traditional ways of hiring appearance attorneys. AppearMe benefits both attorneys of records who need another skillful lawyer to cover a court appearance for them and appearance attorneys who wish to earn extra income.
Book-It Legal-A highly practical and easy-to-use app connecting attorneys with law students across the country. The app allows attorneys to hire students from top schools per project. It gives attorneys immediate access to top students profiles and provides students with the ability to experience work in a wide variety of practice areas.
LexShares–An innovative fundraising online marketplace that gives individuals an opportunity to invest in litigation. LexShares connects plaintiffs in commercial legal disputes with investors to fund their cases. It offers non-recourse funding for commercial cases, highlighted by unique ability to diversify risk across a broad investor base.
Notarize-A powerful and sought-after legal tech startup that modernizes a centuries-old practice of notarization services. This is an affordable, easy and secure app enabling customers to legally notarize their documents online in less than 15 minutes. A quick and efficient mortgage process is not a dream for homebuyers anymore, as Notarize has come to change the way people make big purchases today.