The legal world is one associated with lawyers and paperwork, and, for many SMBs, it can be a bit of a headache. Aiming to change this, by bringing legal services into the digital era, Copenhagen-based Legal Desk has just secured €3.1 million in a Series A round.
Founded in 2016 by Simon Eklund and Anders Lyager Kaae, the aim is to democratize access to legal services. For too long legal services have been limited to the ones who can afford them and who have time to meet with lawyers (physically or by the phone)
Legal Desk provides a platform for fully automated legal services that enables companies and individuals to have easy access to legal services such as company establishment, employment contracts, wills and future power of attorney. It can all be done 24/7 and at the fraction of the cost of consulting a lawyer.
Already more than 135k users are registered on the platform, finding it much simpler than traditional legal methods. Being fully digital, it’s also representing a new era of legal help for private companies and SMBs – one where a lawyer isn’t necessarily needed.
In 2021, Legal Desk expanded into Sweden and is now, with this new funding, hoping to increase its presence in Scandinavia with plans to scale into Norway this year before heading to Finland in 2023.
The goal is to become the Nordic regions leading provider of automated legal services – an area that which, according to CEO Simon Eklund, there is plenty of untapped potential.
Simon explained: “The traditional legal services industry has yet to embrace technology when it comes to providing more standardized legal services. I think we are going to see platforms like ours play a much bigger role – also in interaction with the traditional law practices. Accounting, payroll and administration is a clear example of how digitization has become a welcomed part of the practice, and we hope to see the same in our industry. We believe that we can become the primary platform for legal services throughout the Nordic region.”
Alongside the new funding, Legal Desk has also just welcomed former Nordic Capital partner, Michael Haaning, to the Board of Directors.
Michael commented: “I see great potential in the digitization of legal documents. This applies to both the private and the SME segment, where user-friendliness is high and costs are low. This is exactly what Legal Desk has managed to create, and I am very much looking forward to collaborating on the further development and expansion with Simon, Anders and the rest of the team”.
