Legal Tech Startup Enhancing Law with AI Analytics
1. 1
• Co-founder
• Business Intelligence
Kittipon Songcharoen
• Co-founder
• Data Scientist
Csn Udomcharoenchaikit
2. 2
Today Tomorrow
What is happening in legal tech around the
globe ?
Self-learning algorithms capable of
classifying and retrieving documents
Junior lawyers and paralegal investing
large amount of their time reviewing
relevant papers
With limited time, lawyers may not be
able to collect all available data,
potentially leading to flawed actions
Quick and easy to discover insights
about judges, opposing parties, etc. in
statistical point of view using massive
historical data
Lose out on business opportunities
due to technological inefficiency
Lawyers will be able to handle larger
caseloads with less effort and more
dependable results
3. “A friendly legal search and
analytical tools, enhancing law with
statistical point of views”
3
E-book Analytical toolsSearch Engine
4. 4
The Players
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
2015-12 2016-01 2016-02 2016-03 2016-04 2016-05
#ofvisits
Competitors : Total Visits (web only)
Deka2007
LawDD
Lawphin
Deka.in.th
Deka2007 LawDD Lawphin Deka.in.th
Platforms • Web • Web • Web
• App
• Web
• App (Android)
Functions • Search
Engine
• Search Engine
• Past Paper
• Educational
Infographic
• Search Engine
• Community
Platform
• Search
Engine
Revenue
Generation
• Free • Subscription
• Infographic
Book
• Free • Free
(**)May 2016
traffic
58,000 17,000 43,000 59,000
Founded 1981 2012 2015 2015
Source:www.similarwebs.com
Source:www.similarwebs.com
Competitors Analysis
• Deeka2007 is the market
leader (36%) with
approximately 53,000 visits
monthly average
• Lawphin, with modern
interface and latest data set,
is the only website that
experienced positive growth
in all periods (20.6% CAGR)
• Our aim is to be an easy to
use software with always up-
to-date data set added with
comprehensive analysis
5. 5
KEY
PARTNERS
• Data Scientist
• Legal Expert
• Data Provider
(govt. officials,
publishers)
KEY ACTIVITY
• Data retrieval
• Develop
analytical tools
• Update new
relevant data
KEY
RESOURCES
• Data
• Computing
platform
VALUE
• Reliable
search engine
• Statistical
outlook
• Predictive
analysis on
court results
CUST.
RELATIONSHI
PS
• New
customers
through
influencers
CHANNELS
• Social media
influencers
(through
legal/educatio
nal pages)
• B2B
connections
CUSTOMER
SEGMENTS
• Sole law
practitioners
• Law firms
• Paralegals
• Law students
• Law academia
COST STRUCTURES
• Rights licensing
• Server maintenance
• Marketing
REVENUE STREAMS
• FREEMIUM
• E-book
• Subscription for analytics
Our Business Model
Editor's Notes
“One sentence to describe our business”
(e.g. Linkedin, “find and contact the people you need through the people you already trust”)
Legel Tech “easier way to search for law references added with statistical point of view”
“a friendly search engine combining law and statistics”
“Merging Law and data”