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Re:SimpleLegal (YC S13) Reduces Legal Bills With Machine Lea... by nwenzel on Tuesday August 06, 2013 @01:51PM (#6168042)
Co-founder here. Great points about bigger businesses. I have worked for 10 years with insurance companies, captive finance firms, and other financial institutions with their legal data. Our pricing should be only slightly better than incumbents. For companies >$50k/yr in legal bills, we charge 1% of billed.

We're piloting now with a company with $1.1B/yr in legal bills. They're not so interested in the dashboard, but in access to our algorithms.

And yes, the existing products to review legal bills are crap (note: I'm waaaaay biased, obviously.)

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