Having raised a round of venture capital financing, we knew we needed to significantly control and reduce our legal spend. I had been introduced to a number of larger law firms through business school contacts, but there was a striking lack of transparency in their pricing. So when I came across Priori I decided to give it a try.
The main difference is control. Previously, we had to work with more lawyers than we ever asked for or needed. We lacked control over who staffed our matter, which meant we also had no real control over costs. For instance, we would have three-hour meetings with two lawyers, one of whom was very junior, yet we were billed for all their hours, regardless of the value each person was (or was not) adding. The experience of having to argue about this after the fact was quite stressful.
Through transparent and fixed pricing options, Priori gives me control over my legal spend in a way that the law firms I used to work with never did. Priori has never surprised me with a large legal bill.
Priori’s platform: it’s simple. I get in and get out; I don’t need to spend much time on it and I like that very much.