Legalbeagle - AngelHack Singapore 2016

Post on 20-Jan-2017

11 views 3 download

Transcript of Legalbeagle - AngelHack Singapore 2016

Find the Lawyer you need

lack of effective channels

client-lawyermismatch

slowgrowth

SMEs with legal concerns young law firm

Problems

Algorithm

wordscraping enquiry

relational mapping

natural language

processing

entityextraction

Value Proposition

increase yourpaying customers

SMEs with legal concerns young law firm

find the lawyer you need in 3 clicks

Market Segment

1-5 Lawyers

6-30 Lawyers

Law Firms in Singapore

729 firms

128 firms

Total Legal Market in Singapore, 2011

S$1.8 Billion

180,000 SMEs in Singapore

20%

36,000startups / accelerating

Go-to-Market Strategy

scraping ofexisting data

referralsprogramme

partnershipwith industries

Validation

Senthil Dayalan ex-Rajah and

Tann, current Senior Associate at Eldan

Law LLP

clients

Revenue

10% commission

Joint Venture Contracts$5,000

Financing$5,000 - $10,000

Employment$600

Typical legal transaction prices

Milestone

12 monthsExpansion

18 monthsRegionalization

objectives 10 clients &900 lawyers

30 clients, Hong Kong & Jakarta

150 clients & ASEAN

resources Data scientist, Lawyer & Seed

Investment

partnerships Dragon Law Local firm w/ overseas reach

Local firm w/ overseas reach

6 monthsPilot

Team

CEO – MarcusCS, Brown University

COO - JayTalent Acquisition, ShopBack

CMO - JoyceMarketing Head, IAM

Product - KeithProduct Dev, HK PolyU

UI/UX - SalmanCIS, University of London

IT - BrianComp Engg, SUTD

CTO - VishnuCS, Imperial College

PR - JamieFounder, BEAM

Find the Lawyer you need

Competitive Analysis

effectivenessof match

no. of lawyers on platform