SME and startup-focused Australian online law firm Sprintlaw plans UK expansion
UK business will be headed up by former Lexoo legal network manager Adil Khan
Australian online law firm Sprintlaw is expanding in the UK to focus on the startup and small business legal market.
The tech-powered firm provides more than 100 fixed-fee legal services that cover a wide variety of business needs, automating tasks such as business set up, commercial leases, contracting, IP, franchising and more. The firm also offers subscription services and operates under a legal consultancy model. The UK expansion comes after the Australian firm raised $1m in funding earlier this year from a group of investors including former Smartgroup CEO Deven Billimoria, who will also serve as an advisor to the company.
In a joint statement, Sprintlaw’s co-founders Alex Solo and Tomoyuki Hachigo said: “We’re excited to launch in the UK… and leverage our innovative tech-enabled model to help UK small businesses get quality legal services at a fraction of the cost of traditional providers. There’s a strong appetite for affordable, online legal services in the UK market. We’re already seeing significant interest from both new UK clients as well as our existing Australian clients who have a UK presence.”
Sprintlaw has hired former Lexoo legal network manager Adil Khan to lead the UK business as managing director.
Khan said: “I’m looking forward to bringing our novel legal services model into the UK market. Sprintlaw is a unique offering that truly blends tech and law in a manner that SMEs have been seeking for years.”
Khan also previously worked in private practice at Canadian law firm Blake Cassels & Graydon in Vancouver.
Sprintlaw was founded in Sydney back in 2017 and has since helped more than 20,000 Australian businesses with their legal needs.
The broader legaltech market has also been attracting significant funding this year. In April, Canadian cloud-based legaltech provider Clio became the world’s first practice management unicorn after its $110m Series E funding round valued the business at $1.6bn. Earlier this month, Palo Alto-based client lifecycle tech provider Intapp – which is used by 96 of AM Law 100 firms – filed to go public.
To date, global legaltech businesses have secured at least $6.6bn in funding, according to Clio.