LEGALFLY

LEGALFLY

Technology, Information and Internet

The Secure Legal AI Associate

About us

Legalfly is the most secure legal AI associate. Our AI-native workspace supercharges your legal workflows, saving time and money. Accelerate contract drafting and review knowing you have flagged risk and validated compliance. Slash time required for discovery. The largest legal firms and financial institutions in Europe rely on Legalfly to gain competitive advantage.

Industry
Technology, Information and Internet
Company size
11-50 employees
Headquarters
London
Type
Public Company
Founded
2023

Locations

Employees at LEGALFLY

Updates

  • As we close out 2024, we want to share a moment of gratitude. To our clients, partners, and team—thank you for an incredible year. Together, we: ➡️ Strengthened our position as the only AI tool to anonymise client data before processing, reinforcing trust and privacy. ➡️ Began working with some of the most successful enterprises and law firms in Europe, a growing network of innovators. ➡️ Opened our offices in London, expanding our reach and impact. ➡️ Scaled our team 4x, with people who share our passion for progress. ➡️ Raised €15 million in Series A funding, led by Notion Capital, to keep pushing boundaries. ➡️ Became ISO 27001 and SOC II certified, raising the bar for data security. ➡️ Won the ACA Award for Innovation in the Insurance industry, a testament to the impact of our work. Wishing you a joyful festive season and a great start to 2025. We can’t wait to see what we’ll achieve together next year.

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  • Calling all Legal professionals! How do you see AI transforming your processes in 2025? Share your thoughts in the comments ⬇️

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  • 76% of legal departments are already using generative AI at least once a week, according to Wolters Kluwer's 2024 report. Yet many of those we speak to are still stuck on the best use case to tackle first with #AI. Here are 3 of the most common use cases we see: 1️⃣ Automating Document Review AI-powered tools can review thousands of legal documents in a fraction of the time it would take a human. For example, contract analysis software identifies key clauses and discrepancies, allowing teams to focus on negotiation rather than manual review. 2️⃣ Streamlining Compliance Legal AI can quickly sift through large volumes of data to identify relevant information for mergers, acquisitions, or compliance purposes. This accelerates due diligence and reduces human error, leading to faster, more accurate decisions. 3️⃣ Smart Document Drafting Legal AI simplifies contract drafting by leveraging pre-built templates and intelligent algorithms. This helps ensure consistency, reduces risks, and speeds up contract creation—allowing the legal team to focus on the nuances rather than boilerplate language. Read more in our latest blog >> https://lnkd.in/evgANXkS

    Goodbye to the grind: How legal AI is streamlining repetitive work | LEGALFLY

    Goodbye to the grind: How legal AI is streamlining repetitive work | LEGALFLY

    legalfly.com

  • Which language learning model is the best for legal AI? Different LLMs have unique strengths. For example, OpenAI is known for it's human-like conversational abilities and creativity whereas Google's models excel in integrating up-to-date, web-sourced information into responses, making them effective for tasks requiring real-time knowledge. That's why being LLM agnostic is an important quality to look for in any legal AI tool. ✅ It ensures the best language learning model is used for the each task Plus ✅ You avoid vendor lock in, so that you can remain flexible in your approach as LLMs evolve. 👇 Follow us for more tips on adopting #AI in the Legal insdustry.

  • "Efficiency gains" is a phrase that is always paired with AI. A lot goes on behind the scenes to deliver that promise at LEGALFLY. Listen to LEGALFLY CEO, Ruben Miessen, speaking live on our recent webinar about how LEGALFLY maximises efficiency by inheriting users' writing style. Comment below for a link to the full webinar ⬇️

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    How do you choose the right legal AI platform? The rapid rise of legal AI tools promises efficiency most firms couldn’t dream of a decade ago. But selecting the wrong platform can lead to risks like data breaches and inaccurate outcomes. To stay ahead, ask: ➡️ Does it anonymize sensitive client information to ensure privacy?  ➡️ Is it built on verified legal data sources for maximum compliance?  ➡️Can it adapt to the latest technology, ensuring a future-proof investment? At LEGALFLY, these features aren’t optional—they’re standard. Discover how secure legal AI can transform your workflow.  🔗 Link in comments for the full article!

  • "Are you guys real, or AI avatars?" This was definitely the best question that got asked in our webinar last week. But one of the most interesting? "Lawyers hate paraphrasing. How does Legalfly avoid this?" Hear Legalfly CEO, Ruben Miessen answering live in the video below. ⬇️ Comment below for a link to the full webinar PS. We're not avatars...

  • We’re now ISO 27001 certified! 🔐 Legalfly has officially achieved ISO 27001 certification, the global gold standard for information security. Why does this matter? Enhanced Trust: The ISO27001 certification process not only audits your systems but goes right to the heart of how you run your business, processes, and documentation, so you can have complete confidence we're a trusted partner. Regulatory Compliance: Our certification demonstrates our commitment to meeting stringent security requirements. Your Data, Always Secure: From anonymizing sensitive information to preventing misuse, security is at the core of everything we do. Discover how Legalfly prioritizes your privacy and security. Learn more here 👉 https://lnkd.in/e7nrbX4Z  #Legalfly #DataSecurity #ISO27001

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  • 💭 Will Legal AI End the Billable Hour? 💭 Legal professionals have long been tied to the billable hour, but Legal AI is rapidly changing the landscape. How can firms adapt to this shift? Here’s what Legal AI is bringing to the table: ⚒️ Increased Efficiency with AI Tools AI streamlines processes, reducing time spent on routine tasks like document drafting and review. This shift to efficiency reduces the need to track billable hours for low-value tasks. 🔮 Predictive Pricing for Clients Legal AI offers predictive analytics that can estimate the time and costs of tasks, allowing firms to offer fixed fees or tiered pricing models that make billing more transparent and client-friendly. ➡️ Shift Toward Outcome-Based Billing As AI frees up lawyers to focus on high-value activities, firms can adopt outcome-based billing, where clients pay based on results rather than hours spent, aligning interests on both sides. Legal AI is challenging the traditional model, opening the door to a more flexible, client-centered approach to billing. Curious how Legal AI can impact your firm’s billing strategy? Read more at the link in the comments. #LegalTech #BillableHour #AIinLaw #LegalAI

  • A huge thank you to ACA Luxembourg for inviting us along to their 12th Annual Insurance Day to pick up our Innovation Award in person. Great conversations with @Foyer Group's Marc Lauer, Luc Rasschaert and many other top Luxemburg Insurers. Looking forward to working with you to transform streamline complex compliance workflows with AI. Thanks again for recognising us ACA! More on the award here >> https://lnkd.in/dsmtvQbF Ruben Miessen Clemens Repp #ACAID #LegalAI

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Funding

LEGALFLY 2 total rounds

Last Round

Series A

US$ 16.4M

See more info on crunchbase