Upgrade to Pro — share decks privately, control downloads, hide ads and more …

LawStrive

 LawStrive

Set to change the what Legal means to you

Ayo Adesokan

July 21, 2018
Tweet

More Decks by Ayo Adesokan

Other Decks in Business

Transcript

  1. I need a contract lawyer but; I don’t know any.

    The average individual doesn’t have a lawyer. No time to search. It could take some time to find one find a suitable one even with referrals. May not get a good one. Most times we have to settle for the one we find. I will just ask around for one. Currently, we solve this problem by simply asking around till we find one. Lawstrive.com 1
  2. We offer clients; A pool of lawyers. Our lawyer on

    demand platform offers you a good number lawyers. Time saved. We do the finding. Based on the lawyer’s interest in your job. A chance to choose. No need to settle for a lawyer you don’t like. There is always another one. Lawstrive.com 2 Free Legal Information via LawStrive Spotlights Free legal advice via LawStrive Advice
  3. Lawstrive.com 3 How it works Clients Lawyers LawStrive 1 Posts

    a job 2 Waits proposals 3 Makes choice 4 Makes payment 5 Gets connected 1 Receives job Notification 2 Sends in proposal 3 Waits for feedback 4 Receives some payment 5 Gets connected
  4. Lawstrive.com 4 Total Addressable Market Legal fees vary depending on

    the job and the lawyer. Using an average cost of ₦50,000 . 50,000 legal contracts yearly at ₦ 2,900,000,000 Serviceable Achievable Market About 60% internet users. 60% of the total addressable market 30,000 legal contracts yearly at ₦ 1,500,000,000 Serviceable Obtainable Market We are looking to reach at least 20% of this market within 3 years charging 20% of legal fees ₦ 300,000,000 in revenue ₦ 60,000,000 LawStrive Income Market Size
  5. Lawstrive.com 5 Business Model The clients pays the entire fee

    to LawStrive. We charge the lawyer 20% of the fees. Lawyer gets 80% of the legal fees. 80% 20%
  6. Lawstrive.com 6 Traction 20 Lawyers Verified Lawyers 12 Unverified Lawyers

    146 registered users. Two jobs delivered, 12 proposals awaiting confirmation.
  7. Lawstrive.com 8 Current Needs • Access to a larger network

    of lawyers and users. • Funding to the tune of $250,000 to secure office space , scale the business , hire employees and run day to day operations. • Advertisement and branding for the company and product.