Innovate the law practice of Legal Practitioners working in law firms and in-house legal departments. Lead the market in EMEA with one application that replace all other tools and softwares needed by lawyers
Current Status
Mature Product already implemented in many coporates including Banks, Telecom, Governmental (Legal Departments) and maylaw firms in GCC and worldwide. Financial: breaking-even Dec 2019
Market
Lawyers, Para-legal, Administration, Assistance, Accounting. A market of more than 2B USD in MENA.
Problem or Opportunity
Big Market in Middle East, Africa and worldwide. App4Legal positioned itself already as a leader in UAE and targeting a leadership in MENA in the short term and play a highly competitive role in Europe and US. App4Legal is recognized by Gartner as technology leader in the Legal-Tech industry. the Growth can be exponential in 3 serious of fund raising. At the moment, we are targeting a 1st and quick iteration to solidify our Business Development & Marketing teams; to call for a 2nd iteration for 3-5M USD...
Solution (product or service)
App4Legal : the Legal Practice Management Software that provides an ecosystem of Modules (Case Management, Time Billing, Hearings Management, Task Management, Contracts Management, Corporate Data Management, Time Tracking, Expenses Management, Invoicing, Legal Documents Management, Intellectual Properties Management, Customer Relationship, Partners Relationship, Emails Archiving, Calendar, and much more). App4Legal is only enterprise solution available completely in Arabic (besides its multi-language: English, French & Spanish). it is available also in both on-cloud and on-premises (answering governmental & large corp needs); having the label of Banks security.
Competitors
Clio (www.practicepanther.com), PracticePanther (www.practicepanther.com): on the cloud side. ThomsonReuters, ... on the on-premises side.
Advantages or differentiators
- Multi-language: including Arabic (which is a must in Law in Arab World for example). - Enterprise label: available on both Cloud & on-server. the on-server model will represent always more than 50% market share for Legal Practitioners (as per regulations). Enterprise are looking for local implementation, intra-country and/or private SaaS. Small/mid law firms are looking for cloud. App4Legal satisfies both needs.
Finance
Subscription Model: App4Legal Cloud: 10 - 27 USD per month (depending on edition) App4Legal Server: 500 USD per user + add-ons and modules (payable per add-on).
Business model
Software Subscription Model (on-cloud & on-server). acceleration of sales will be via an eco-system of partners worldwide.
Subscription Model: App4Legal Cloud: 10 - 27 USD per month (depending on edition) App4Legal Server: 500 USD per user + add-ons and modules (payable per add-on).
Money will be spent on
First round: mainly Business Development / Channel Management and Marketing.