Legl
Functionality
Practice Management Software
Description
Legl is a payment and client onboarding platform tailored for law firms.
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Bio
Legl is a UK based LegalTech providing lawyers with an all-in-one practice management solution specifically designed for client onboarding & payment.
With $25M in total funding, Legl continues to serve mid-market law firms across the UK, focusing on improving legal practice efficiencies.
Year Founded
2017
Locations
UK
Key Market
Legal
Features
Automatic Follow-Ups
eSignatures
KYB
KYC
NFC Chip
Ongoing Monitoring
Payments
Screening
Source of Funds
Market Focus
Data sources and Integrations
- P4W
- ALB
- Proclaim
- DPS
- Quill
- Actionstep
Market Map
Strengths
- Relatively easy-to-use
- Comprehensive, has everything you might need and is PAYG so no upfront costs.
- The payment and SoF piece are pretty good.
- The workflow automation per practice area and ability to get your term of engagement signed and deposit collected in one flow is very strong
Weaknesses
- The platform was not built for AML, evident by lack of proper Screening/Ongoing Monitoring module - there is no remediation capabilities - they just provide a pdf from ComplyAdvantage
- The KYB module is disjointed and just a window shop into Creditsafe or whoever they are using for KYB - it is very frustrating to use and there is no case file for businesses, you can only have case files for contacts.
- No Risk Assessment, risk scores or deep AML functionalities.
- Not ideal for complex cases such as trusts or international companies
- Glassdoor reviews are extremely concerning, unusually high staff turnover
Pricing
- PAYG
Aventine Rating
Aventine Comment
A lot of law firms love this tool because it costs very little, has tons of features and they can customise the onboarding flow for different practices, but it is very weak on AML, they have weird terms for everything, high staff turnover, and it is not fit for AML onboarding.
Raised
£19m
Round Details
Investors
- Octopus Ventures
- First Round Capital
- BACKED VC
- Samaipata
Executives
Julia Salasky
Founder and CEO
N/A