Legaltech firm LawAdvisor is expanding into the UK and has announced it has secured new funding, and is launching a new service.
The Melbourne-headquartered firm’s inaugural UK office will be situated at 1 Primrose Street in London with a recruitment drive about to kick off. LawAdvisor has also secured new funding from legal management consultancy firm Janders Dean, but the amount of investment is unknown. This is the latest funding for the firm which last summer secured the backing of Lars Rasmussen a Google Maps co-founder and former Facebook engineering chief.
Tech needed now more than ever
Brennan Ong, LawAdvisor founder and CEO, said that in-house teams needed technology now more than ever as their roles shift. ‘The role of in-house legal teams within an organisation has broadened from beyond general advisor and towards being business enablers and strategic partners.’
New corporate service
The firm has also launched its new corporate service, called LawAdvisor Corporate, which is already being used by key clients across Australia and the United Kingdom, pending a wider rollout in the coming months.
Digital tools to streamline operations
LawAdvisor Corporate provides in-house counsel with digital tools to streamline operations and manage panel firms, enabling faster procurement and real-time tracking of expense and project milestones. The service also ranks law firms using data the platform collects as it is used, helping clients choose panel firms for future matters.
LawAdvisor now has more than 1,000 lawyer signups. Its platform has facilitated more than 2,000 engagements and answered more than 4,000 queries since its launch two years ago.