Steno raises $3.5 million to end up being a sort of extension of law offices
The international legal services industry deserved $849 billion dollars in 2017 and is anticipated to become a trillion dollar industry by the end of next year. Little wonder that Steno , an L.A.-based startup, desires a piece. Like the majority of legal services outfits, what it’s offering
is a variety of ways for law practices to run […]
Steno launched with an offering that centers on court reporting. More recently, the start-up has actually included offerings like a remote deposition videoconferencing platform that it firmly insists is not only protected but can handle exhibit handling and other information in methods suggested to satisfy particular legal requirements, It also, very especially, has a lending item that enables legal representatives to take depositions without paying until a case is dealt with, which can take a year or 2. The idea is to totally free attorneys’ precious monetary resources– consisting of so they can take on other clients– up until there’s a payment, but of course, the product is also a possibly profitable one for Steno, as are most lending products. In the meantime, states Hong, Steno’s tech is”built extremely well “for legal services, and that’s where it plans to stay focused. …
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