Discover more from Vikesh Tiwari
The legal industry is still missing the power of automation
One of the most important industries is still lacking the innovation and the power of automation. Companies who try to innovate something, get killed by big SaaS.
Glad to see you here! I wanted to write about this for quite some time, I have some notes that I would like to share with you all. I'm very passionate about the legal industry and I want to build a product that will make bringing justice and going through all the paperwork easier, faster, and more affordable to every single individual. Before we continue further, if you haven’t subscribed to my newsletter, subscribe now. I promise no spam only very very useful guides on SaaS and Sales.
The legal industry is one of the core parts of every business and the people. You must have visited the government office for something in your life, whether you got that parking ticket, you needed to hire an employee on H1B or you want to register a new company. In any of these cases, you either try to do it yourself or hire a legal firm to do the job for you. And then, the firm asks for all the details, you fill out the forms, sign, and process payment. Some parts are automated in this but most of the process is still manual.
We need some really good automation products solely for the legal industry.
Let's look at some of the most used legal tech tools used in the market today.
Clio — is legal management software. It is just like Business CRM but more focused on the legal forms
Lawyaw — Document automation, build contracts, and auto-populate. Acquired by Clio.
Documate — Same as Lawyaw.
Docketwise — Legal management software focused on only immigration firms.
Afterpattern (Got acquired) — Build handy apps for your firm, got acquired.
DocAssemble — Open source document automation platform.
For Individuals, there are only one or two handy tools like DoNotPay.
You see, there are only a few tools, and those who try to get in the market, get acquired right away by larger firms. Small firms can't afford costly tools and innovation is getting killed by big companies.
And, if you look at the marketing and business automation industry, there are hundreds of tools for the work. If you look at Automation products for other businesses, there are tons and tons of tools for Marketing, Sales, Marketing Automation, RPAs, and App connector platforms but the legal automation industry goes unnoticed.
To solve this problem, we can't teach all the laws, rules, and definitions of every single part of our daily life to everyone.
We have to make tools that should first make the legal firms more efficient and faster.
The government needs to start working with companies to build APIs, and integrations and find ways to exchange the data in a very secure and efficient way.
And then we should provide handly apps and tools that allow individuals to get the correct information, understand laws, and the actionable items they must do in any case.
I work/worked with some of the top legal firms and companies to build tools for the legal industry. I admire all the work done by Greg Siskind of Visalaw (building useful apps), Joshua Browder of DoNotPay (helping people fight with big companies), Jared Jaskot, and Tom Martin of Lawdroid and companies like Clio, Docketwise, etc. We still need more tools to revolutionize the legal industry.
My next SaaS is going to be something that solves the core problems of all the legal firms and helps individuals in getting work done with less money. We will look into how we can partner with the governments if we need to which allows businesses to connect to government systems.
If you're reading this and building something in legal tech, let's talk. I'm still far behind my schedule to build another SaaS, I'm very occupied but this is coming sooner or later 🙂
In my next note, I will be going to deep dive into a product and how they do the customer onboarding and engagement to get more sales. We are going to talk about Dunkin' — one of the leading coffee and Donuts chains in the US.
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