Katalysen Ventures and the LegalWorks Group Partner to Unlock Top-Tier Law Functions for All Businesses
Katalysen Ventures AB (publ) (“Katalysen”), Northern Europe’s leading venture developer, and the LegalWorksGroup (“LegalWorks”), Sweden’s leading alternative provider of business law, are excited to announce a partnership designed to unlock top-tier law functions for all businesses in the Nordics. This partnership will make LegalWorks’ expertise available for Katalysen and to Katalysen’s portfolio of entrepreneur-led ventures, while providing LegalWorks access to Katalysen’s extensive experience in venture development and its network of investors, venture developers, and sector experts.
This collaboration will also see Katalysen supporting LegalWorks company Legalbuddy, Sweden’s leading automated platform for business law, giving Legalbuddy a competitive edge as it scales up operations in the Nordics. As part of this partnership, Katalysen will obtain warrants in Legalbuddy.
“The legal profession is conservative and legal support is generally too expensive—it needs fundamental change. We want to make legal expertise easier and more accessible to many more people and their businesses. By combining automated legal services and contract management with advice from experienced in-house lawyers, Legalbuddy has created a unique end-to-end business law solution at a predictable fixed price,” said Joel Wickman, CEO of Legalbuddy.
About the LegalWorks Group
LegalWorks Nordic AB was founded in 2016 based on the experience that the current market for business law does not fully meet clients’ needs for flexible legal services. The two founders, Leif Frykman and Ulf Linden, both had extensive experience as in-house counsels in leading roles and recognized the lack of alternatives when it comes to sourcing legal services. They identified a gap in the market between in-house teams and traditional law firms. The idea was to offer a new alternative legalservice combining the business-minded working style of in-house counsel with the flexibility of consulting services.
The LegalWorks Group includes: LW Advisory, LegalOperations Consulting, LegalOnDemand (outsourced legalsolutions), Nordic Legal Tech Day (the leading Nordic event about the digitalization of the legal industry), PrivacyWorks (hands-on guidance to GDPR), and Legalbuddy.
Why Legalbuddy Was Started
Legalbuddy was founded with a clear vision: to make law much more accessible to many more people and their businesses. The legal industry lacks smart technology solutions to help businesses use the law in a cost-effective way—a key factor for confident growth. That’s why businesses, both small and large, needed their own Legalbuddy.
By delivering legal advice as a freemium service, Legalbuddy does the opposite of most other legalproviders. Instead of charging for knowledge through expensive hourly fees, Legalbuddy publishes knowledge digitally, making it accessible to everyone. On the Legalbuddy platform, you’ll find advice, legal Q&As, and smart do-it-yourself agreements completely free of charge.
For companies that need ongoing smart advice and contract management—from contract creation to e-signing and storage—Legalbuddy has created Legalbuddy Plus. By combining smart digital solutions with personalized advice, all in one place, Legalbuddy becomes your own in-house legal department. Simple, affordable, and always available. Just the way it should be.
By combining smart technology with face-to-face expert advice, Legalbuddy brings the in house law function of a large company to smaller businesses at affordable prices. For more information on Legalbuddy, please get in touch with the Legalbuddy team at [email protected].
