Robert Ambrogi BlogElevator Pitch: In 109 languages, Global Legal Leaders consolidates 20% of the global B2B legal profession. Users have access to 10,000 individually vetted firms with 600,000+ attorneys in 160 countries whose annual revenue is $300 billion. Businesses law and accounting firms and corporate counsel can precisely define the services they require. Firms delineate exactly the services they can provide. All users and firms control their own profiles at no cost. Operating costs and accurate information are assured.
What makes you unique or innovative? Global – Covers every country. Accessible in 109 languages. Large firms are vetted by media. Organization information is self-maintained with passwords reducing administrative costs. The model is similar to billion-dollar websites such as Amazon and LinkedIn. Contacts are managers of firms, networks and consultants which assures quality. AI integration personalize the site for each organization and individual user.
What problem do you solve?
- Eliminates market fragmentation by matching client access to professionals meeting their exact requirements and individual interests everywhere on earth.
- Geometrically and comprehensively expands choice of firms, consultants and ALPSs because information goes directly to management individuals with the most information on their organizations.
- Creates database for future projections of both the buyer and seller-side of transactions.
- Facilitates innovation because of the global, size and range of the firms from the largest to the smallest.
- Incorporates competitive services and products in one website since it is not promoting its own services. These products and services can be offered to the public.
- Collects data on each matter, location, and client types, and more for sale to firms, in-house counsel, and other interested parties.
Your competitors? None.
Founded: 9/1/2021, Houston, Texas
Target customer. Corporate legal departments, all businesses, law firms requiring contacts in other jurisdictions, accounting firms, and consultants.
Price. There is no cost for the RFP referral services whose objective is to generate data to be sold. Algorithms will match user profiles with associated services by state, province and country, practice area interests and languages. Vendors of other services will pay fee based upon their sales through the website. Comparative information, received from requests for proposals (RFPs), is consolidated to predict future product and service demand.
Expected 2022/2023 gross revenue? 0/$1M – $5M
Number of users/paying customers? 1,001 – 10,000/0
Traction to date. Incorporates the very largest law firms in recognition that they receive the most publicity. Has all the major participants in the legal market – firms, networks, consultants and ALSPs. The accounting networks are also on the website and operate in the same way as the legal organizations. Incorporates other law related businesses like Amazon incorporates vendors. This would include their customer base since the website does not compete with their products or services but promotes them. Growth is exponential since every request for proposal response can generate multiple free user accounts.
Plan for growth over next five years. Plan for growth over next five years. Given its model, relatively little investment is required for the financial return. The technology is developed and readily available at a low cost. The objective is to sell the website to Amazon, Microsoft, LexisNexis, Thomson Reuters, or Wolters Kluwer. Each has a vested interest in the legal market. This can be done in 12 to 18 months.
Outside funding. No outside funding
Describe any ways in which your company is diverse or promotes diversity. Can accommodate diverse service and product platforms into the data base. The request for proposals (RFP) form contains diversity criteria. It is collectable and quantifiable data.