Legal startup LawCanvas spreads its wings to three more countries
By Benjamin Cher February 25, 2016
- Singapore startup will offer legal documents for Australia, Malaysia and Hong Kong
- Claims to have shortened legal document generation and processing times by 80%
SINGAPORE-based LawCanvas is expanding its operations to three more countries – Australia, Malaysia and Hong Kong – after three years in operation, and after having tripled the number of documents in its template library.
LawCanvas is a legal startup that offers legal document templates that can be drafted by filling in the blanks with relevant information. Singapore users can either purchase a document for S$99 (US$70) per year or the entire library for S$800 (US$569) per year.
The company claims to have helped over 3,000 businesses generate legal documents and shorten their processing times by at least 80%.
The documents available for the three new countries will be locally relevant and legally binding, assured cofounder and chief executive officer Daniel Leong.
“The documents in our Contracts Library have been prepared by our internal legal research team, made up of three legally trained team members, working in tandem with local legal partners on the ground in each country,” he told Digital News Asia (DNA) via email.
This expansion will not alter the mission the founders started out with, and neither will it require additional funding, according to Leong.
“No, we did not raise any additional funding to enable this expansion.
“The mission that Mark [cofounder and chief technology officer Mark Png] and I have set for LawCanvas remains the same.
“[And this is] to provide a super-affordable legal document generation service for businesses which complements the existing high-end, high-touch advisory services offered by lawyers,” he said.
Currently, services for the three new countries are still in beta and available for free to the users granted such access. LawCanvas is also allowing businesses to register their interest.
“We’re unable to reveal the exact number who have registered, but we are opening up free private beta access to 300 businesses from our identified target segments in each geographical market,” said Leong.
User feedback so far has been positive, he claimed, with active engagement that would ultimately improve the product.
“We’ve been pleasantly surprised that many users in our new markets have not only requested access, but have continued to engage with us on making the product better and more relevant,” he added.
The private beta will be moving towards a public beta by April, with a full launch expected around May.
“We’re really excited to bring the product into new markets,” said Leong.
“LawCanvas represents what technology and innovation can do for businesses – the whole idea that the process of creating complex agreements can be re-imagined into a straightforward and easy experience,” he declared.
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