Its growth comes at a time when more lawyers are freelancing for more flexibility.Lawtrades, an online hiring marketplace for freelance legal work, just raked in $6 million for its Series A in December.
Companies can use Lawtrades' matchmaking algorithm to find legal talent for specific engagements, and can use built-in calendar, video conference, and time-tracking features to manage the project from start to finish. Hiring lawyers through Lawtrades is also much cheaper than hiring one from a Big Law firm. Lawtrades lawyers cost companies around $150 to $250 an hour, depending on the practice area.
In 2019, Ahmed and Walia started selling the app to legal departments at tech companies in the pre-IPO or newly-IPO'd stages — a $100 billion market, according to Ahmed. Customers include DoorDash, Headspace, Allbirds, and Pinterest, he said. The growing number of freelancers amid the pandemic spurred growth for Lawtrades, whose number of engagements and revenue grew 2.5 times over the past year.
这是一张24页的未来派广告牌，它让法律自由职业者应用程序Lawtrades获得了600万美元的a系列
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