Lawpath, a digital legal platform, has secured $10 million in funding from Westpac Bank and has reached 500,000 clients. They are launching an advanced AI suite for small to medium-sized businesses (SMBs) using Amazon Web Services and Anthropic, while also expanding their accounting division. CEO Dominic Woolrych emphasized the goal of enhancing access to legal services for SMBs and simplifying their platform. Lawpath currently incorporates 7% of all businesses in Australia and handles over 5,000 inquiries daily with its new AI technology. This approach makes legal assistance more accessible and affordable, addressing a significant gap in the market.
Source: Artificial Lawyer
Leave a Reply