Quegal.com

Problem

• Legal aid budgets (and no-win, no-fee) being slashed creating advice deserts
• Massive decrease in Govt grants for law clinics and pro bono work
• Persistent unwillingness by the profession to regulate quality, reduce costs, simplify advice and offer greater accessibility

Solution

• Live online legal advice in the 8 key areas of UK law (property, employment, contract, family, motoring, criminal, personal injury and business)
• Via p2p encrypted 24/7 web portal and free cross-platform mobile/tablet apps (SiteLock protected)
• Pay-as-you-go at 60 pence per minute, with no tie-in or minimum spend

Technology

• Instant dual authenticated social media sign-up (with free support)
• Secure cardless/mobile payment system
• No shared cloud, website flash, tracking cookies, adverts or robot helpers in sight

Online Market

• 86% of the UK adult population is regularly online
• With web transactions rising by 16.2% year-on-year
• And consumers making 21.2 internet purchases per annum, with an average unit price of £55.76

Legal Market

• The UK legal services market is now valued at over £30bn, increasing at a rate of more than 8% per annum
• With 22+ million people having had an average of 3.5 legal needs over the past 3 years
• More than 40% of consumers now plan to use online legal services

Validation

• Our UK test marketing generated over 125k website visitors per day (exceeding top international law firms)
• We have 15k+ high quality followers across social media, including 12 leading King's Counsel
• And details of more than 7k top business contacts across the globe

Competition (i)

• LegalZoom fixed-fee referral service (not yet launched in UK)
• Rocket Lawyer provide legal documents & 3rd party advice
• Dentons developing personal assistant for in-house legal staff

Competition (ii)

• A call centre operator pairs you with a law firm (3rd party referral)
• Email your question via a website and any available lawyer responds (within 24hrs)
• Choose a lawyer through a comparison website/The Law Society and wait for an email/callback

Team

• We are a small team of passionate, tech-savvy British social entrepreneurs
• Our founder is credited by Richard Susskind with building the first legal services comparison website
• Together we have unrivalled expertise in both the online environment and practise of law

Projections

• Projected net profits of £400k (year 1), £1.1m (year 2) and £2.2m (year 3)
• We expect to offer a 39% return on your investment within 18 months
• A P/E of 4 gives a year 3 end company valuation of £8.4m

Timeline

• Our Quegal crowdfunding will commence on the 5th September, 2023 (with perks for various early levels of investment)
• Marketing to be via a social media viral video campaign
• With a website and app build time of approximately 7 months

Funding & Exit

• With your help we aim to raise a minimum of £1.5m in this round (with no upper ceiling)
• We intend to channel surplus profits into a gradual European roll-out
• Exit strategy to be via a company stock market flotation

Intellectual Property

• We already hold the Quegal trademark in the UK
• Together with the relevant company domain names worldwide
• And intend to patent our own unique cutting-edge hard/software solutions

Potential Clients

• We have already had considerable interest from major corporations and charities both at home and abroad
• These include Paramount Pictures and the National Association of Citizens Advice Bureaux
• The legal profession has also expressed an interest in our service

Social Good

• Creating local jobs supporting the national living wage, workplace equality and diversity
• Partnering with & training students from the large university (and law school) on our doorstep
• Free legal guides in each practice area, together with regular online pro bono clinics

Differentiation (i)

• Cheaper than legal insurance schemes, bogus free/virtual firms or any overseas web/app 3rd party referral outfit
• Quality (and reliability) control across the board, with full indemnity cover
• Accessibility options built into our website and apps, with ease of use and money back guarantee

Differentiation (ii)

• Supporting flexible home working (and bring your own device policy)
• Together with new accessible avenues to legal accreditation
• And an employee shared ownership programme

Differentiation (iii)

• No expensive advertising, offices or partner salaries
• No overseas support centres
• No hidden extra charges, elaborate terms & conditions, sale of client info or marketing spam

Deregulation

• Changes in UK legal services legislation mean companies can now provide advice direct to the consumer/business
• This crucially includes the ability to accept 3rd party development funding
• So for the first time, the legal industry is a level playing field ripe for client focused innovation

Mission Statement (i)

• We intend to disrupt the latent market (of everyday legal questions)
• So democratising access to help and advice for people and businesses everywhere
• Using a combination of machine learning and big data, we will put you firmly in control

Mission Statement (ii)

• Now you will never have to overpay for (or under receive from) unnecessary fixed fee packages ever again
• We have been called the Uber for law, but we are of course much more than that
• Not to mention being an entirely UK based world first!

Thank You

Quegal.com ~ A question of legal ®