Are most AI legal tech startups profitable?
Hi everyone,
I built an AI-powered legal service platform. It’s already a mature product. It aims to remove the black-box nature of legal services with transparent workflows and fixed-fee pricing.
I’m looking for funding, but I admit it’s not easy. Over the past 3 months since I launched the AI platform, the search impressions have reached nearly 8000. However, the conversion has not been great , with an average of 2 inbound contacts per month.
Maybe I’m wrong, but I feel many AI legal tech products are solving legal questions, while the real challenge is still the legal business.