Transforming the legal industry with cloud-based technology

Invest in the next phase of the trillion-dollar legal industry

THE PROBLEM

Technology can help remake the legal industry, but the industry is
falling short

Thousands of software applications have been developed to help legal organizations increase productivity, add capabilities, and automate repetitive processes.

However, most law firms and legal departments aren’t using them.

9 months

$75k in
resources

>50+client
consents

This is what it takes for a large law firm to
implement one new cloud solution today

The problem is that:

  • nearly all the best apps are designed as SaaS solutions and thus require users to log into cloud environments controlled by the vendor, while

  • security and compliance concerns make it extremely difficult for legal organizations to trust data to third-parties.

THE solution

A one-stop marketplace – an app store for legal technology – where firms and legal departments can easily research, test, and securely adopt third-party cloud-based software applications without having to give up control over their data

Reynen Court makes it easy to run third-party cloud software in private clouds under a legal organization’s own control.

Reynen Court is uniquely positioned to play a central role in the transformation of the
legal industry by enabling fast, safe and strategic adoption of cloud-based technologies.

-Paul Greenwood, CIO of Clifford Chance   

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industry support

We are supported by an extraordinary
consortium of industry leaders

21 of the world’s largest law firms

22 legal departments at influential global companies

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momentum

We have strong momentum on both sides of our platform

27 PLATFORM USERS

  • 6 of the top 10 law firms

  • 11 of the top 20 law firms

  • 1 of the largest global banks

Powerful “fly-wheel” network effects are already evident – as more vendors attract more law firms and legal departments, who in turn attract even more vendors.

160 APPLICATION VENDORS

Reynen Court’s vision of a platform leveraging containerized software and private clouds will help many firms that have a high degree of sensitivity to security and data governance and wish to accelerate adoption of new innovative technologies.

-Tony Cordeiro, CIO of White & Case

Reynen Court has introduced Language Weaver to several law firms, winning five substantial deals. These clients have fully deployed Language Weaver and are already reducing costs and experiencing significant operational efficiencies.

-Language Weaver Press Release

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ADDRESSABLE MARKET

The legal tech market is large, growing fast
and fundamentally transforming

Legal Industry Size by 2028

TECH SPEND BY 2028 5.1%
OF TOTAL SERVICES

3x

Forecasted growth of in-house legal tech spending by 2025

4x

Forecasted growth of law firm IT spend on innovation by 2028

$729M

7.2x

$5.2B

SPENDING ON SOFTWARE APPLICATIONS FROM START-UPS, 2020 TO 2028 (before accounting for acceleration that we enable)

*Our initial focus is the large and mid-sized organizations which represent approximately $25 billion or 36% of the total tech spending depicted here. However, total market figures exclude government legal services which is also a significant opportunity for Reynen Court.

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our capital raise

So far, we’ve raised $19 million from world-class venture capital funds and four of the world’s largest law firms.

This is your opportunity to invest in the same share class and at the same price as recently negotiated by our institutional shareholders.

our investors

investment guide

Request our Investment Guide for details about this investment opportunity

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leadership

We’re led by an accomplished innovator

Andrew Klein is our founder, chairman and CEO. He previously started Wit Capital (the first Internet investment bank) and Spotzer Media (a leading provider of digital marketing solutions to SMBs.) He also co-founded hedge fund investor Skybridge Capital and sustainable infrastructure investor Ultra Capital. Andy also founded microbrewery Spring Street Brewing Co. after working for six years as a securities lawyer at Cravath, Swaine and Moore. He began his career clerking on the Second Circuit Court of Appeals after graduating from Harvard Law School.

ANDREW KLEIN
Founder and CEO

Supported by an experienced team

We are a strong team of 30 with complementary skills and expertise, led by accomplished professionals.

CHRISTIAN LANG
President & COO
President & Former Davis Polk M&A lawyer and founder of NY  Legal Tech Meetup

ABHISHEK MUKHERJEE
Product & Technology
Technologist with over 15 years of experience in data analytics, distributed computing and  software development

KATHY WILLING
Finance & Administration
20 years of finance and strategy leadership including Cole Haan and Goldman Sachs

LODEWIJK BONEBAKKER
Compliance & Security
Deep technologist and innovation manager (ING,  IMC, Optiver and Sun)

RICH RIFKIN
Global Sales
25 years enterprise sales experience in legal and professional services including TR Legal

And an industry-leading board of directors

Our board is comprised of industry veterans.

TOM GLOCER
World-class CEO and Director and Accomplished Technology Investor

  • Chairman and CEO, Thomson Reuters, 2001 to 2011

  • Executive Chairman and Founder, Blue Voyant

  • Board member at Morgan Stanley, Merck & Co., Publicis Groupe and K2 Intelligence

JEAN BOURCEREAU
Venture Capitalist with Two Decades of Success Managing Investments in B2B Businesses from Pre-Revenue to Market-Defining

  • General Partner and President at Ventech

  • An engineer with a global background in telecommunications, semi-conductors and IP Networks

PAUL GREENWOOD
Veteran Law Firm CIO

  • CIO of Clifford Chance since 1994

MARCEL VAN LOHUIZEN
Highly Accomplished Software Executive and Engineer

  • Senior software engineer and manager at Google
    since 2002, currently working on Go team in Zurich

  • Involved in original design of Borg, Google’s
    internal container orchestration technology and predecessor to Kubernetes

SYLVIA KHATCHERIAN
Experienced Wall Street lawyer and risk manager

  • Deputy General Counsel, Bridgewater Associates since 2015

  • Law Group Head, Morgan Stanley, 2001 to 2005

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as seen in

*LegalTechNews and TheRecorder are divisions under Law.com.

contact us

United States Office
511 Avenue of the Americas
#4124
New York, NY 10011
United States of America

+1-332-240-2925
[email protected]

European Office
De Lairessestraat 180,
4th Fl.
1075 HM, Amsterdam
The Netherlands


+1-332-240-2925
[email protected]


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