Lawtrades inaugurates a century-old profession in the gig economy | New
NEW YORK, Sept. 27, 2022 (GLOBE NEWSWIRE) — Lawtrades, the company pioneering a new business model for the $100 billion legal industry, has launched a mobile app that seamlessly connects businesses with highly trained legal professionals for on-demand assistance. The new app is an extension of the existing Lawtrades platform – an online marketplace that fundamentally challenges the antiquated approach of hiring expensive law firms – and its mission to unlock a more satisfying career path, sustainable and inclusive for legal professionals.
“It’s no surprise that the legal industry is facing an unprecedented retention problem,” said Raad Ahmed, CEO and Founder of Lawtrades. “We’ve seen records of burnout, layoffs and talent leaving the industry altogether – and we’ve reached a judgment point. At the same time, the past two years have shown us that we can radically change the way we work and can successfully challenge the status quo through flexible and transparent employment opportunities.
Lawtrades empowers legal professionals to work and live on their own terms, allowing them to set their own hours and rates while working directly with top brands like Airbnb, DoorDash and Pinterest. The new app serves as a digital marketplace for both legal talent seeking freelance work and businesses seeking highly qualified, pre-screened candidates.
Through the app, clients can instantly partner with flexible and proven legal talent to scale their operations and manage projects from start to finish. In addition to flexibility, Lawtrades also connects businesses to a diverse community of leading legal talent. More than half of professionals in the Lawtrades community identify as women (compared to the industry average of 37% ), and 37% identify as a racial or ethnic minority – almost 3x the industry standard.
“I know firsthand the stress that comes with working in the legal industry, and Lawtrades was specifically designed to reinvent that traditional setup,” says Ahmed. “Whether it’s a working parent trying to spend more time at home or a BIPOC lawyer looking for an inclusive environment in an industry notorious for its lack of diversity, Lawtrades offers a Work-life balance, control and flexibility – while maximizing earning potential. Our app further simplifies an already seamless process, connecting talented individuals to opportunities that meet their exact needs.”
Starting today, legal professionals who want to reinvent the way they work can access Lawtrades network of businesses and opportunities through its app, available on Google Play and Apple App Store. To ensure that the quality of Lawtrades’ roster of independent lawyers and clients remains of the highest caliber, interested parties should apply to join. All professional job seekers and companies seeking support go through a thorough data-driven vetting and matching process to ensure the highest quality placements.
In August, Lawtrades set a monthly revenue record of $1 million and currently has over 2,000 legal professionals in its network, signaling strong interest in this alternative work model. These enterprising legal professionals have collectively logged nearly 150,000 hours and earned over $16 million. Over 100 companies, such as Airbnb, Epic Games, DoorDash, Pinterest, Duolingo, and Patreon, have leveraged the Lawtrades platform to scale their teams.
Founded by two law school graduates, Raad Ahmed and Ashish Walia, Lawtrades is pioneering a new model of working for the $100 billion legal marketplace through a marketplace that connects businesses to top legal talent for expert assistance. on demand. This approach allows freelance legal professionals to monetize their skills in a cost-effective way, while helping businesses scale their operations seamlessly through diverse, pre-approved and cost-effective legal teams. To learn more, visit lawtrades.com
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