Startup Alley: Lexamica

Lexamica

Elevator Pitch: Lexamica is a platform that helps plaintiff’s law firms refer legal cases. This is a difficult workflow and by making it easier, law firms can make more money and stay ethically compliant at the same time.

What makes you unique or innovative? Lexamica is the only platform aimed at helping lawyers make money through attorney referrals. We simply the process from beginning to end so that clients and counsel both win.

What problem do you solve? The problem we are trying to solve is the friction plaintiff’s attorneys have when a case comes to them that they cannot handle. They have an opportunity to provide value for the client and themselves by referring the cases out, but many times this doesn’t happen. The three reasons are: 1.) finding a good partner is time-consuming and risky, 2.) the regulations surrounding referrals and arcane, and 3.) it takes time to follow up on referred-out cases.

Your competitors? Litify referral network is the only one we’ve found.

Demo video: N/A

Founded: 12/30/2021, Little Rock, AR

Target customer. Plaintiff’s law firms.

Price.  Base platform fee of $100-$500/mo plus charge for volume usage.

Expected 2022/2023 gross revenue? N/A.

Number of users/paying customers? N/A.

Traction to date. N/A.

Plan for growth over next five years. We are in a staged launch process, starting with the beta cohort in Jan 2023. From there, we are pushing out to our network of heavy referring attorneys and then to the broader public.

Outside funding. Less than $1M in outside funding

Describe any ways in which your company is diverse or promotes diversity. N/A