Legalbeagle - AngelHack Singapore 2016
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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