European legal tech startup launches in Australia

The firm hopes to give Australians a smarter way to create legal documents

European legal tech startup launches in Australia
A European legal tech startup has entered the Australian market with Thursday’s soft-launch of an online service that enables Australians to swiftly create legal documents.

Wonder.legal provides users with 32 templates available for professionals and individuals in Australia, including templates for loan agreements, lease agreements, terms and conditions for websites, among others. Documents are priced from $1.99 to $29.99.

According to CEO Jeremie Eskenazie, the firm experienced strong growth over the past three years because of a strong international market need for its services. The firm’s Australian market analysis showed high demand for a smarter method of legal document creation.

“Australian businesses are spending more on legal services than ever, with the industry growing 1.9 per cent in annual growth,” Eskenazie said. In an industry worth $19 billion, we see a strong advantage in leveraging technology to auto-generate documents faster and cheaper than competitors.”

Wonder.legal said it achieved 14% month-on-month growth in 2016. It anticipates similar growth in Australia after identifying what it claims to be gap in the market for easily accessible, affordable and high-quality legal documents.

The Paris-based firm started in France in 2014, and has since expanded to 10 countries including Spain, Germany, Brazil, Canada, and the US.


Related stories:
How AI will change the face of law
Legaltech firm launches intelligent platform to find barristers
 

Recent articles & video

AI oversight by humans could become impractical, UK judge warns

New Jersey Supreme Court allows disbarred lawyers to seek reinstatement after five years

UK's Legal Services Board expresses concerns over bullying and harassment in legal profession

LawCPD launches free tool aiming to make CPD tracking easy for lawyers

HFW welcomes Sean Marriott as a disputes partner in Perth

Creevey Horrell adds lawyer and corporate executive Ben van de Beld

Most Read Articles

Rio Tinto, helped by Allens and Linklaters, acquires Arcadium Lithium for US$6.7bn

Consultation opens on review of AI and Australian Consumer Law

Proposed merger reform will make clearance process more challenging, Allens partner says

Colin Biggers & Paisley adds partner Patrick Boardman and four others to insurance group