GET EMAIL UPDATES FROM POWERTOFLY
By signing up you accept the Terms of Service and Privacy Policy
BROWSE CATEGORIES
GET EMAIL UPDATES FROM POWERTOFLY
Logikcull

Logikcull raises $10M to let lawyers analyze documents at the speed of a thousand interns

And they're looking for people to join their team!

Below is an article originally published by TechCrunch, featuring PowerToFly hiring partner Logikcull. Go to Logikcull's page on PowerToFly to learn more.

As entertaining and interesting as made-for-TV lawsuits (like the O.J trial) are, they always leave out one key element. The hundreds of hours of research that goes on behind the scenes to prepare for an important trial.

Before any big trial a lawyer (and their associates and interns) has to find, organize and examine thousands of documents. The process is officially called Discovery, and is a period when both sides gather and request all the information they think they will need for the trial.

This information can look like anything from email databases to Powerpoints, and while some of the process has become computerized in recent years (aptly termed eDiscovery), it's still remained pretty manual and inefficient.

For example, eDiscovery may mean a team of associates combing through hundreds of pages of email correspondence on a screen, instead of printing it all out like lawyers used to do. A win for the environment yes, but still very, very time consuming and not really taking advantage of technology.

But Logikcull is a software company trying to change this, and just closed $10M in Series A funding from OpenView Ventures and Storm Ventures to help.

The company officially calls itself "cloud-based legal intelligence", but is essentially Dropbox for the legal world.

Lawyers can bulk-upload all the messy information they need to examine (even if it's an entire hard drive of different types of files) and Logikcull will organize all the different file types into one searchable database.

Need an example? Imagine uploading 1,000 pages of old contracts, then using a search engine to find the exact ones that are relevant to the case. Or uploading a 20 GB email database of tens of thousands of messages and narrowing it down to only the messages between people relevant in your case on a certain date from a certain device – you get the point.

Logikcull also uses OCR so you can upload old scanned documents that weren't previously searchable.

While originally designed for (and still mostly used by) lawyers, these tools obviously have applications in other industries. A company's HR department could use it to sort through the thousands of documents typically involved in an internal investigation. Or a city could use it to quickly find documents related to specific FOIA requests, a process that is still sometimes done by hand. Letting a government employee quickly find the specific documents that were requested can turn a one month turnaround time for FOIA requests into just a few days.

Essentially, the platform can be used for any task that requires you to organize and search a crazy amount of documents.

The company charges per user, and a small law firm can expect to pay $15k-$30k per year. Expensive yes, but not if the alternative is paying hundreds of extra hours in legal fees at $600 per hour.

Logikcull says they are signing up new clients at a rate that has grown revenues 3x year-over-year, which is impressive considering how expensive the service. But that's the thing about legal tech – the alternative is so crazy expensive that startups can charge an arm and a leg as long as they are providing a solution that actually save time.

popular

How These Companies Are Celebrating Asian American and Pacific Islander Heritage Month

According to a recent study, anti-Asian hate crimes have risen 150% since the pandemic started. But these acts of violence are not new — they are part of a much larger history of anti-Asian racism and violence in the U.S.

That makes celebrating Asian American and Pacific Islander Heritage Month (which was named a month-long celebration in May by Congress in 1992 "to coincide with two important milestones in Asian/Pacific American history: the arrival in the United States of the first Japanese immigrants on May 7, 1843 and contributions of Chinese workers to the building of the transcontinental railroad, completed May 10, 1869") this year all the more important.

READ MORE AND DISCUSS Show less
Videos

[VIDEO ▶️ ] Prepare for Your Interview With a Commercial Real Estate Management Company

💎 Get ready to bring your best self to a job interview at a commercial real estate management company!

📼 Press PLAY to hear insight from a recruiter at VTS, a commercial real estate management company, into how to best prepare for your interview. Andres Harrison, Senior Talent Acquisition Manager at VTS, shares some tips on putting your best foot forward in a virtual setting, as well as the steps for the application process at VTS.

READ MORE AND DISCUSS Show less
Webinars

Early Career Connections & Mid-Career Pivots: Learn more about Our Partners, Sponsors & Speakers

Learn more about the amazing speakers and sponsors from our September 2021 virtual summit Diversity Reboot: Early Career Connections & Mid-Career Pivots; 4 days of fireside chats, workshops, panels, networking sessions, and an interactive virtual career fair.

Our Early Career Connections & Mid-Career Pivots summit welcomed 8,000+ registrants to the PowerToFly community! From pro-tips on how to kickstart your career as a young professional to restarting your life after caregiving - we covered it all! If you tuned in, thank you! If you missed the summit, you can now relive the entire experience! If you're feeling the itch to pivot or learn some new skills, make sure to use your special PowerToFly code: POWERTOFLY750 to get $750 off your next course with Springboard.

We want to extend a HUGE thanks to our Gold sponsors Smartsheet and American Express and our Influencers Palo Alto Networks, amazing.community, Path Forward, and APCO Worldwide. Also, don't forget to visit our Merch Store and grab yourself some PowerToFly apparel, we donate 100% of the proceeds from our sales to TransTech Social, supporting transgender people in tech.

Last but not the least, registration for our October summit Lifting Latinx Voices at Work is now open! With topics ranging from bilingualism to growing Latinx representation in the C-suite, you won't want to miss this free opportunity to connect with your peers, network with top companies, and learn from leaders who've been in your shoes!

READ MORE AND DISCUSS Show less
Webinars

The ABCs of ERGs: How to Create, Build and Grow Employee Resource Groups

Part of PowerToFly's Employer Conversations Series: DEI All Year Long

Being your authentic self at work can be a struggle. That's where Employee Resource Groups (ERGs) come in. An ERG builds connections between teams that go beyond simple work relationships. Whether the focus is on race, ethnicity, gender, sexual orientation, or being a parent, an ERG can be a powerful growth tool for both the individual and the company; and they go a long way in creating more diverse, equitable, and inclusive workplaces.

Join PowerToFly and its partner APCO Worldwide, as we break down the ABCs of ERGs. Whether you are looking to start your own ERG, grow your membership, receive stakeholder buy-in, or take your group to the next level, we hope you'll join and participate in this interactive discussion with your fellow leaders. There's no need to prepare anything in advance, but we hope you'll lend your voice to the conversation. Questions are welcome!

RSVP HERE FOR FREE

This interactive discussion, part of PowerToFly's Employer Conversation Series: DEI All Year Long, will take place on October 7th from 12pm to 1pm ET.

READ MORE AND DISCUSS Show less
Kensho Technologies

From PM to Chief of Staff: How Kensho’s Meaghan Cassidy Approaches Career Growth & Continuous Learning

Meaghan Cassidy had all the cool pandemic hobbies before they were cool pandemic hobbies.

She started baking sourdough years ago. She took up yoga and bouldering even before that. And when much of America was frantically googling "how to keep a plant alive," she was caring for her thriving vegetable garden and turning its cherry tomato harvest into a delicious and easy Caprese salad (served alongside fresh sourdough, of course).

READ MORE AND DISCUSS Show less
© Rebelmouse 2020