LawTech member
Disputed.io
The founder of Eagle Labs LawTech member Disputed.io, Steven Shinn, tells us about his business.
Tell us about your business.
Disputed.io is a legal tech company that is radically reshaping the economics of litigation through automation and a change to the way firms access litigation funding and ATE insurance. Disputed's unique technology platform, Casefunnel, allows you to rapidly launch volume and group claims at low cost, while FinLegal, the funding platform, gives insight to help build better requests and increase understanding and adoption of litigation funding, driving conversion and firm performance.
When did you start your business?
July 2018.
What's been your biggest highlight?
It’s rewarding to know that every day our platform is helping thousands of individuals and small business owners around the world who might otherwise never have had the opportunity to have their case heard. Although it’s easy to get lost in the tech on the day-to-day, it is important never to forget that its real people at the other end of the computer whose lives we are fundamentally improving. We are grateful to have the opportunity to be able to help in whatever way we can. To that end, our work underpinning a section of the recent Covid Business Interruption claim in the UK has been an amazing real world experience in just how powerful the platform can be.
What's been your biggest challenge?
Without doubt, the biggest challenge we face is in changing behaviours. The legal world is full of very competent people but as a sector it can slow to change. We are lucky to be able to say we have never had a firm go back to the old way of doing things after they've started using our platforms, but it took a long fight to get there. Word has obviously got around though because more and more, we are getting inbound calls from interested parties, rather than making outbound ones.
Advice for entrepreneurs starting out
You can't do everything. Surround yourself with good people and trust them to get the job done.