wirelawyer deck 2014
TRANSCRIPT
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Contact: [email protected]
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Changing Landscape: Small to Mid-sized Law (SML) Increasing
• 74% of lawyers in private practice work in a SML.
• SML revenue is $147 billion a year.
• SML growth is on the rise.
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Problem:
• SMLs have become increasingly fragmented and hyper-specialized...
• They have almost ZERO technology infrastructure.
• Marketing is expensive and inaccessible for the vast majority of SMLs…
• Lead generation solutions are additionally noisy and inefficient.
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Solution:
Largest Virtual Law Firm
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Our product
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Traction:
42%Conversion
23%Week over week growth
25,000+Connections made
1:1.2Peer to peer growth
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Press: “The LinkedIn for Lawyers”
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Business Model: Tiered Premium Subscription
Example: Bankruptcy Leads ($2000 Avg. Billing)
Think of lawyer2lawyer referrals as super leads!
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Revenue Streams:
AttorneyPartnership
Fees
Strategic Partnership
s
Tiered Subscriptio
n
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Strategic Partnerships:
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Competitive Matrix
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Use of Funds: $750k raise – 12+ months runway
$65.3KMONTHLY
EXPENSES
$40KONE TIME
SPEND+Technical &
Equipment
Infrastructure
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Team:Matthew Tollin, Co-founder & CEO• Lawyer at Cleary, Gottlieb, Steen & Hamilton• General Counsel of NYC Media Group• Founder of Liberty Legal, a SML consumer advocacy firm• BA @ Georgetown, JD @ Harvard Law
Sohan Jain, Co-founder & CTO• Worked at Hulu, Facebook, and MOAT• Launched 3 Day Startup Cornell • BS in Computer Science @ Cornell University
Roger Wong, Co-founder & CMO• Creative Director at Digitas, Grey, & Ogilvy• Co-founder of digital advertising agency ITC• BA @ College of William & Mary
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Advisors:Sergio Fernández de Córdova• Co-founded Innovators Fund• Co-founded Fuel Outdoor Holdings• Co-Chairman of the G8 Young Summit
Charles Nesson• Harvard Law School William F. Weld Professor of Law• Co-Director of the Harvard Berkman Center for Internet & Society
Aniq Rahman• President of Moat• CEO of Instinctiv
Charles Ogletree• Harvard Law School Jesse Climenko Professor of Law • Prominent legal theorist• Award winning writer
Tim Stanley• Founder/CEO of Justia• Co-Founder of Findlaw
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Investors & Professional Advisors:
$475k $275ksubscribed open