People’s Champion finalist 2017: Lexoo
The marketplace matching businesses with experienced independent lawyers is a Startups Awards finalist. Here, it makes its case for People's Champion…
Start-up name: Lexoo
Founders: Daniel van Binsbergen and Chris O’Sullivan
Started in: February
Based in: London
Business description: Curated marketplace for business lawyers
The Lexoo story:
Promising to be the smartest way to find a great lawyer, Lexoo operates a curated marketplace which helps businesses engage senior lawyers from boutique law firms in the UK and overseas.
Founded by 32-year-old young entrepreneur and former lawyer Daniel van Binsbergen and his co-founder Chris O’ Sullivan, the legal tech start-up was created in 2014 to “transform the legal experience for forward-thinking businesses and legal teams”.
The marketplace works by enabling a customer to submit a request and it then invites three or four of the best suited lawyers to send a quote within 24 hours. Only those lawyers who are invited to quote will see the job description, therefore ensuring client confidentiality.
And the service appears to be as streamlined as it is affordable. The start-up asserts that it offers the same services as those you would expect from an international law firm at a fraction of the cost.
In fact Lexoo claims that, because its lawyers work on a low-overhead basis, its clients can save over 46% when compared with larger firms.
To date, the duo and their 10-strong team have matched more than 13,000 businesses including CEOs from some of the world’s top tech companies with its panel of experienced, independent ex-City lawyers.
Returning for a second year as a Startups Awards finalist and People’s Champion contender, this year we’ve shone the spotlight on van Binsbergen in nominating him for Young Entrepreneur of the Year; An accolade which recognises impressive founders whose businesses started trading before the age of 30,
Why Lexoo made our shortlist:
As an ex-lawyer, Daniel van Binsbergen has recognised that the industry was screaming out for a simple solution. In turn, he has delivered a service that benefits both businesses and legal professionals.
The Lexoo story also serves up inspiration to budding young business men and women as the company started trading before Van Binsbergen had celebrated his 30th birthday – proof that, in business, age is just a number!