London-based Legl raises £5M to revolutionise the way law firms work
Summary
The funds will be used to expand the team and improve Legl’s product and customer base in the UK legal market, and start their international expansion. Founded in 2019 by former lawyer and legal tech entrepreneur Julia Salasky, Legl is a B2B SaaS platform enabling law firms to run their operations digitally – from streamlined onboarding, compliance, and payment tools to giving management critical business insights and their clients a service worthy of 2021. At present, Legl is addressing the £35 billion UK legal services market and works with over 100 law firms – including over a dozen of the top 200. We saw that there was a huge opportunity to improve client experience, onboarding, KYC, and payment in a streamlined, beautiful way that also delivers a lot of business insight to the firm. There’s a huge opportunity here to reduce the friction that happens for law firm clients and create a better business of law.” Zoe Chambers, the early-stage investor at Octopus Ventures, said: “It’s rare to find a founder and team with such insider knowledge to tackle a big industry that has started to adopt technology quickly.