Beter | LawTech Fund

AVA VENTURE STUDIO LawTech Fund_edited_e

A VENTURE STUDIO PROMOTING LEGAL DISRUPTIVE TECHNOLOGY: LAWTECH

"Legal access for all in the Low Touch Economy".

The legal sector has been one of the slowest to evolve because there is no platform or external pressure strong enough to make a change that would impact a delay in technology adoption. The digital transformation capability of the legal sector is already here.

Technology in law has advanced beyond being a backroom eﬁciency tool to being an enabler of fundamental change in the delivery of front-line legal services and a mechanism for doing things differently, setting new standards and, most importantly, bringing user outcomes to the forefront.

Our vision for user outcomes through LawTech:

Everyday business and consumer activities around law are as easy as using a smartphone app.

Complex problems are solved in a matter of minutes or hours more efficiently with technology.

Legal services, documents, and other processes become more efﬁcient and reliable by speeding up activity and saving money.

The use of technology in the legal sector pursues efficiency and transparency.

LawTech is the term used to describe disruptive technologies that support, complement, replace or enhance traditional methods of legal service delivery. LawTech aims to bring legal services, solutions, and protection closer to businesses and individuals directly, enabling them to self-service.

LawTech is the creation of disruptive legal solutions that help individuals, companies, organizations, and governments in their day-to-day operations.

It goes beyond LegalTech, as it is disruptive and reaches directly to consumers.

Automation and self-service, reducing or eliminating manual and repetitive work performed by lawyers, through the use of artificial intelligence that answers user-specific questions or creates legal documents.

Simplification of compliance processes, focusing on the things that matter and improving the user experience while delivering immediate results.

Data and information are available and protected 24/7, and access to information outside of office/working hours, and encrypted for a secure environment.