Posted 4/15/2024, 11:26:15 AM
Legal Tech Startup Lawhive Raises $12M to Bring AI to Small Law Firms
- Lawhive raised $12M in seed funding to expand its AI platform for small law firms
- The platform offers an AI "lawyer" to help with tasks like documentation and client onboarding
- Lawhive targets small firms unlike other legal tech startups focused on big corporate firms
- The UK consumer legal market is worth $25B but has high costs and unmet demand
- Lawhive plans to expand into new geographical markets with the new funding