Startup Tackles Legal Bills

Former Pillsbury partner Joe Tiano has sent clients millions of dollars worth of invoices, some for DC tech companies. He recently left the firm to launch a startup to possibly make law firm invoices have a few less digits. His company has developed statistically validated algorithms that detect inefficiencies in legal services. Should an 8th year associate be handling what a second year could do? And does industry data support an employment agreement taking 10 hours to draft?

Legal Decoder launched in October and targets companies that spend $500k to $10M a year on legal services. They send their legal invoices to Legal Decoder, and its technology checks it against industry data using built-in domain expertise on what things should cost, who should be handling certain legal services, and how long certain tasks should take. Clients get insight  and Joe says it’s up to them what to do with the results.

Continue reading this story with a free account

Log in or register
Related Topics: DC tech , Joe Tiano , Legal Decoder
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Ruben Cos. Says It Can't Sell, Finance Navy Yard Multifamily Project

D.C. Court Tosses Lawsuit Over Proposed Rent-Freeze Ballot Initiative

Loudoun County Moves To Pause Data Center Applications For 12 Months

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

Northern Virginia Office Tower Sells For Double Its 2024 Price

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Pennsylvania Avenue Office Sells For Repositioning: The D.C. Deal Sheet

Georgetown Waterfront Office-To-Condo Conversion Lands Financing

Westfield Montgomery Pays Off $350M Loan As New Retailers Expand In Mall

Tishman Misses Payment Deadline On $450M International Square Loan