LawVu is a New Zealand-born company successfully transforming the in-house legal industry with its category-defining workspace.
Founded in 2017, the company has a global reach, operating throughout New Zealand, Australia, the United States and the United Kingdom, with 120 employees spread across these regions.
LawVu's matter management capabilities are best-in-class offerings, and its integrated CLM offering makes the company really stand out in a market full of point solutions.
Further, LawVu's Business Portal solution delivers value beyond the legal team by streamlining engagement between this team and the wider business.
One of the biggest challenges LawVu's customers face is that they are often overworked and under-resourced, with no time to keep on top of their workload, let alone to focus on the high-value strategic work they came in-house to do. On top of this, they also have no way of tracking their difficulties so that leadership can plan to improve their current state.
LawVu helps by assisting its customers to be more productive and get time back in the day as well as form a better connection with the business, therefore allowing them to focus on maximising their impact on business outcomes.
LawVu has picked up on some challenging market trends, such as the increasing business and legal complexity, and pandemic and recessionary pressures. These are all compounding existing workload and resourcing pressures, exasperating the need for a complete cloud-based solution to manage all of an organisation's legal workflow.
With distributed teams, it's important to have a single source of truth for all legal work. This is essential for managing productivity but also in reducing the risk associated with overworked legal teams. Collaboration within the legal team and across the business has also become more challenging in a hybrid environment.
LawVu helps solve these challenges and more by simply being what it is and doing what it does best: a legal workspace, and the first truly connected platform for matter, contract, and spend management for in-house legal teams.
What sets the company apart is that its competitors are mostly point solutions or legacy platforms that have acquired point solutions over time. LawVu provides a beautiful, easy-to-use interface, with everything in the same place.
In addition, LawVu's legal workspace provides unique productivity benefits, is quick to implement and onboard attorneys in, and empowers the legal team to connect easily with the wider business.
“In-house legal teams have been crying out for technology that will help simplify their lives, and we have achieved just that with our legal workspace,” LawVu chief product officer Tim Boyne says.
“Legal teams can finally step away from the mundane tasks and focus on the impactful work they joined in-house teams to do.
“This explains why we are seeing such rapid growth across Asia Pacific, Europe and the US, and we are only scratching the surface of opportunity.
“With exceptionally high user adoption and retention, we know we have a winning formula for helping legal teams be the best they can be.