Law is undergoing a true revolution due to globalization and technology. Legaltech is booming and new players and start-ups focused on legal technology are disrupting the industry in incredible ways, providing powerful opportunities for law firms, corporations, private and public institutions.

With the aim of connecting and fostering this global, Legaltech ecosystem, IE Law School and the Law Schools Global League have launched the Global Legaltech Venture Days. This cutting-edge, highly competitive global competition is designed to identify and support those start-ups that have the ability to have a positive impact on major challenges faced by legal operators—whether private or public—as well as legal systems, so as to improve their operations thereby furthering the cause of justice.

UNSW Law and The Allens Hub for Technology, Law & Innovation are proud to partner with IE Law School in Madrid to bring the Australian round of their Global Legaltech Venture Day competition to UNSW!  

If you are a start-up working on developing solutions, improving substantially the normal operation of legal systems and actors—whether public or private—take part in this Legaltech Venture Day! 

In the upcoming months, IE Law School will take submissions and shortlist start-ups based on their originality, financial viability, and ability to have a positive impact on major challenges faced by the legal sector. 

Selected startups will be invited to pitch in front of an expert judging panel at UNSW Sydney on 10 February 2020. The winner of the Sydney round will then go on to present their project to a mix of investors, business pioneers, and representatives of the legal industry at the final deliberation with other candidates from across the globe in spring 2020 at IE Law School in Madrid.

Registrations to pitch close 31 January 2020.

Criteria

Who can participate?
Inclusive innovators and start-ups that are using technology to solve important legal challenges faced by companies, governments, public institutions and civil society in a wide range of areas.
We are particularly interested in projects that innovatively tackle issues in the operations of legal practice. Registrations to pitch close 31 January 2020.

The Start-ups participating in the competition must meet the following criteria:

  • Constituted or being constituted Start-up
  • Innovation: product/service, business model, and/or route to market
  • Scalability: international commercial potential & scalable business model
  • Team: relevant skills & experience mix
Prizes

The winner of the Legaltech Venture Day Sydney will be invited to participate at the Global Legaltech Venture Day final taking place in Madrid (Spring 2020), where all seven winning start-ups will present their projects to a mix of investors, business pioneers, and representatives of the legal industry.

Each winner will also get access to real networking and investment opportunities that can push their start-ups to the next level, benefiting from the global network of the Law School’s Global League, IE, South Summit and partner institutions.

The winner will have a 30% scholarship in the Master in Legaltech.

IE is pleased to announce a new partnership with Amazon Web Services. Through this collaboration the winner of each Venture Day will receive: 

  • $10,000 in promotional credits to use for any Amazon Web Services, valid for two years
  • $5,000 in premium support, valid for one year
  • 80 credits to access labs (valued at $80)

For each finalist in each Venture Day:

  • $3,000 in promotional credits to use for any Amazon Web Services, valid for two years
  • $5,000 in premium support, valid for one year
  • 80 credits to access labs (valued at $80)

For all start-ups that complete the formula for the Start-up Competition:

  • $1,000 in promotional credits to use for any Amazon Web Services, valid for two years
  • Free premium support subscription, valid for two months
  • 80 credits to access labs (valued at $80)

What does that imply for my start-up?
The winning start-up of each Legal Tech Venture Day will be invited to Madrid on IE Business School’s campus for a 4 days acceleration program in order to prepare their pitch for the South Summit. They will then be pitching with the winner of each & every Venture Day organized worldwide.