Legalbuddy joins Katalysen’s portfolio
On August 13, Katalysen and LegalWorks Group announced a partnership to unlock top-tier law functions for all businesses. As part of that partnership, Katalysen will help co-develop LegalWorks Group venture Legalbuddy. In the process, Katalysen obtains warrants on Legalbuddy shares, and Legalbuddy joins Katalysen’s portfolio of innovative ventures.
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.
“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. Through 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.
By delivering legal advice as a freemium service, Legalbuddy does the opposite of most other legal providers. 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.
Through 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].
