Dublin-based Johnson Hana alternative legal solutions provider (ALSP) has closed a €10.5 million funding round led by AIB plc and a host of angel investors bringing total funding to €15 million.
Johnson Hana claims the platform can reduce clients' legal spend by 50% by simplifying the compliance process of legal matters - by modernising the legal industry this saves clients’ money compared to the costs of traditional law firms.
This raise will go towards meeting global demand and also attracting top talent by offering more flexibility, more reasonable hours and better pay.
“We are seeing a huge paradigm shift in the way companies want to be serviced from a legal perspective, our clients are fast paced businesses and need heavy volume legal processes handled at speed and with precision. Our blend of legal expertise and technology platform allows us to do just that,” said Dan Fox, CEO of Johnson Hana.
Johnson Hana includes Airbnb, LinkedIn, Twitter, Ryanair and Ervia on its clients list.
“This round of funding comes at an important time in the market for us as we grow internationally, build out our offering and team as we get ready for our next stage of growth,” adds Fox.
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