
Good News for NYC’s Legal Startups: DIY Advice Site Rocket Lawyer Picks Up ANOTHER $10.8 M.
A few weeks ago, Betabeat jumped down the rabbit hole of legal starts that were trying to bid farewell to the billable hour by making it cheaper and easier to get legal advice and legal documents.
At the time, we had a heaping handful of signs that the venture capital market thought the time was ripe for legal disruption. Just last year, Nolo.com was acquired for $21 million, LegalZoom picked up $66 million (and rumors of an IPO), local TechCrunch Disrupt winners Docracy raised $650,000. Google Ventures led a $1 million round in LawPivot and an $18.5 million round in Rocket Lawyer.
But apparently that was just the beginning. Read More

