Cologne-based JUPUS, a German legal tech startup, has raised €6.5M in seed funding, led by Acton Capital. JUPUS's AI solution automates legal tasks, helping law firms manage workflows more efficiently amidst increasing pressures from a shortage of legal assistants. Founded in 2022, the company aims to enhance its product further and expand its market presence. Firms utilizing JUPUS reportedly save up to 40 working hours monthly, with expectations to exceed 100 hours by 2026, showcasing the potential of AI to reshape legal operations profoundly.
Many law firms are facing increasing pressure due to a shortage of legal assistants, which leads to slower response times, reduced client satisfaction, and heavier workloads for existing staff.
We are at the beginning of a new era for the legal market. AI will fundamentally change the way legal work is organised and executed, opening up entirely new opportunities for law firms.
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