Hive Legal is one of Australasian Lawyers' Innovative Firms 2016
HIVE LEGAL
Hive Legal launched with a bang in 2014 with a model that combined virtual lawyering, an embrace of value pricing, and innovative resourcing to turn traditional law on its head. For example, its resourcing approach links a core team of former top-tier BigLaw legal experts with a network of lower-cost, ‘use and pay only as required’ services for routine work, including LPOs and the use of low-cost jurisdictions and technology solutions, all on a fixed-price basis.
However, Hive Legal is proving its claims to be “proudly disruptive” by continuing to innovate beyond its initial market model. It is defying its smaller size by doing things like launching an app that uses artificial intelligence to help financial services companies with breach reporting, and incubating its first technology platform and spin-off , Xakia Matters, which is now giving in-house teams the tools they need for visibility and control over their matters.
Hive Legal launched with a bang in 2014 with a model that combined virtual lawyering, an embrace of value pricing, and innovative resourcing to turn traditional law on its head. For example, its resourcing approach links a core team of former top-tier BigLaw legal experts with a network of lower-cost, ‘use and pay only as required’ services for routine work, including LPOs and the use of low-cost jurisdictions and technology solutions, all on a fixed-price basis.
However, Hive Legal is proving its claims to be “proudly disruptive” by continuing to innovate beyond its initial market model. It is defying its smaller size by doing things like launching an app that uses artificial intelligence to help financial services companies with breach reporting, and incubating its first technology platform and spin-off , Xakia Matters, which is now giving in-house teams the tools they need for visibility and control over their matters.
