AFR had the scoop on this news. Interesting information to come out of this capital raising are:

  • Funds raised would assist with marketing activities directed to SMEs. The aim is to broaden LawPath’s core client base which has so far come from the start-up sector.
  • LawPath was currently attracting 2000 new clients a month and had been growing at 10 per cent month-on-month for the last 15 months. Founded in 2013, LawPath disclosed that it was not yet profitable.  
  • Lawpath is expected to benefit from LegalZoom’s insights from its success in the US legal services market.