Legatics was born from the firsthand experiences of its founder, Anthony Seale, a former Project Finance lawyer. During his time in legal practice, Anthony, who also had a background in satellite data analysis, recognized the inefficiencies and administrative burdens that plagued legal transactions. He observed that lawyers, particularly junior ones, spent a significant amount of time on low-level, process-driven tasks, often using cumbersome tools like Word to manage complex checklists and track numerous documents across multiple parties. This not only impacted efficiency but also limited transparency for clients and detracted from the more strategic, high-value work lawyers could be doing. This frustration and a desire to leverage technology to create a better way of working became the driving force behind Legatics.
Founded in 2015, Legatics embarked on a mission to transform how legal transactions are managed. The vision was to create an intuitive, collaborative platform designed specifically for lawyers, by lawyers. The initial focus was on streamlining the closing process, particularly in corporate and banking and finance practice areas. The platform aimed to digitize traditional checklists, facilitate seamless document sharing, and provide real-time visibility into the status of a deal for all involved parties. Early on, Legatics gained traction, being adopted by leading global law firms. The company's growth was further fueled by investments, including a significant Series A funding in 2021 and a subsequent round in 2023, which aimed to support team expansion, new customer acquisition, and the rollout of Legatics 2. This second-generation platform marked an evolution from transaction management to broader legal project management, expanding its capabilities to support a wider array of practice areas and introducing new features like a legal text importer and enhanced signing management. Today, Legatics continues to innovate, driven by the core belief in alleviating the burden of administrative work and empowering lawyers to focus on what they do best, ultimately aiming to provide legal transaction experiences that everyone loves.