Caravel Law acquires legal tech startup MyLegalBriefcase

Firm also appoints Monica Goyal to new role of director of legal innovation

Caravel Law acquires legal tech startup MyLegalBriefcase
Monica Goyal

Caravel Law Professional Corporation has announced its acquisition of legal tech startup MyLegalBriefcase.

MyLegalBriefcase is a software solution that can assist smaller clients who require legal services that are not only effective but also affordable.

Caravel Law has also appointed Monica Goyal, creator of MyLegalBriefcase, to the new role of director of legal innovation. Given that the COVID-19 pandemic has created the need for remote working arrangements, the firm expects that the newly established position will be especially relevant for these times.

Goyal holds a JD from the University of Toronto Faculty of Law, as well as a Bachelor of Engineering from the University of Waterloo and a Masters of Engineering from Stanford University. She also founded legal tech startup Aluvion Law. She serves as a visiting professor at Osgoode Hall Law School and as an instructor at the Institute for the Future of Law Practice.

Equipped with over five years of experience as an engineer for technology-related organizations, Goyal comprehends how technology may be harnessed as an asset. As a legal innovation leader, she has been recognized as one of ten women to watch in legal tech by the ABA Journal and as a previous winner of Fastcase 50.

“There is a lot of burgeoning innovation in the legal space, and I look forward to furthering the Caravel technology position,” said Goyal.

Caravel Law, provider of innovative legal services, continues to search for technological solutions that ensure that clients can access efficient legal services. The firm makes use of a business model that removes the need for much of the costly overhead that traditional service providers require. The firm utilizes a cost-effective pricing scheme that connects clients to counsel.

Caravel Law is dedicated to improving its client service. It is the first firm in Canada to have the position of director of client happiness, as well as the first firm to launch Net Promoter Surveys, which resulted in the firm consistently getting the highest NPS results within the industry.

“Our goal is to continue to look at client-focused technology solutions and combine them with our relentless drive for client satisfaction,” said Stuart Wood, Caravel Law’s chief executive officer.

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