Company Profile · Legaltech

Lawtrades.

The marketplace that lets companies rent legal talent by the hour - and lets lawyers work on their own terms.

Founded 2016 New York, USA Marketplace 42 employees
Lawtrades logo and brand graphic

THE BRAND - Lawtrades' mark and tagline, "Work with top legal talent, enhanced with AI." The New York company has built its identity around one idea: legal help you can dial up or down.

2,000+
Vetted legal pros
$80M
Series A valuation
200%
Platform-hours growth '20-'21
300+
Companies served
The Story

A better way to work with lawyers

Lawtrades runs a two-sided marketplace for legal work. On one side sit companies that need legal help but do not want another full-time hire. On the other sit thousands of vetted attorneys, paralegals, and legal operations professionals who would rather work flexibly. Lawtrades is the layer that matches them.

The idea started with a problem founder Raad Ahmed saw firsthand. After graduating from law school, he watched classmates struggle to find full-time work - let alone jobs that paid enough to cover their student loans. Meanwhile, companies were paying premium rates to law firms for work that did not always require one. In 2016, Ahmed and co-founder Ashish Walia launched Lawtrades in New York to close that gap.

The pitch to companies is straightforward. Instead of hiring a lawyer for two years when you need one for two weeks, you engage vetted talent through the platform - hourly, by the project, or contract-to-hire. In-house legal teams use it to scale capacity up during a fundraise, a product launch, or a wave of contracts, and back down when the work eases. There are no mandatory retainers and no long-term commitments.

The pitch to lawyers is just as direct. The platform gives independent legal professionals a steady stream of vetted opportunities without the overhead of running a practice or the grind of a firm. That supply side got a lift from an unlikely source: between 2020 and 2021, as more lawyers left firms to work for themselves during the Great Resignation, hours logged on Lawtrades grew 200 percent.

The clients are not small. Lawtrades counts DoorDash, Pinterest, Yelp, Gusto, and Headspace among named customers, part of a base the company says exceeds 300 companies. These are teams with real legal budgets - what they lack is flexibility, and that is what the marketplace sells.

"Lawtrades launched to pioneer a new work model - helping companies find more flexibility and connecting legal talent to more opportunities."

- Lawtrades, on its mission
Products & Services

What you can actually do with it

SINCE 2016

On-demand staffing

Match with vetted freelance attorneys, paralegals, and legal ops pros for hourly or project-based work.

2022

Contract-to-hire

Engage a legal professional flexibly, with the option to convert to a full-time hire if the fit is right.

2022

Managed legal services

Outsourced legal workflows and overflow support that plug directly into an in-house department.

2022

Mobile app

An iOS/Android app for in-house counsel to manage legal talent and projects from anywhere.

2025

Lawtrades AI

AI-assisted contract review that pairs software with vetted attorneys - tools plus talent, not one or the other.

2025

AI Evals

Vetted legal professionals providing legal reasoning and RLHF to train and align AI models.

How It Works

The business, in plain terms

The model

  • Structure Two-sided marketplace
  • How it earns Fee in the rate
  • Client pricing Hourly / project / sub
  • Typical rate $130-$350/hr
  • Average rate $150-180/hr
  • Commitment Cancel anytime

Lawtrades embeds its transaction fee into the professional's hourly rate, and bills clients with transparent invoicing - no separate "management" fees or mandatory retainers.

Why it's different

  • Talent Independently vetted
  • Roles Lawyers + paralegals + ops
  • Reach ~10 countries
  • Pricing Transparent, no add-ons
  • Speed On-demand match
  • AI Assists, not replaces

Where a firm sells hours and a staffing agency sells placements, Lawtrades sells flexibility: the ability to scale legal capacity like a utility, and to fold AI into the workflow instead of fighting it.

Who Uses It

From startups to enterprise legal teams

Lawtrades started by serving startups, then moved up-market to mid-size and enterprise legal departments. Named customers include:

DoorDashPinterestYelpGustoHeadspaceCisionUdemyRedfinCruiseCrowdStrikeDuolingo
Timeline

How Lawtrades got here

2016

Lawtrades launches

Raad Ahmed and Ashish Walia found the company in New York to connect businesses with on-demand legal talent.

2019

Marketplace scales

The network grows, expanding beyond attorneys to include paralegals and legal ops professionals.

2021

Platform hours surge 200%

As lawyers go independent during the Great Resignation, logged hours more than double year over year.

2022

$6M Series A at $80M valuation

Raised from 100+ investors; focus shifts toward mid-market and enterprise, and a mobile app launches.

2025

Lawtrades AI & AI Evals

The company adds AI-assisted contract review and offers vetted legal talent to train and evaluate AI models.

The Money

Raised with a link, not a pitch

Funding snapshot

  • Latest round Series A
  • Amount $6M
  • Date Dec 2021
  • Valuation $80M
  • Total raised ~$11.9M
  • Lead Four Cities Capital

On the cap table

Backers include 500 Global, Draper Associates, CSC Upshot Ventures, and angel investor Sahil Lavingia, among a group of 100+ investors. Notably, Ahmed has written that the Series A was closed by sharing a single link - investors committed without a traditional pitch meeting. The company later used non-dilutive financing from Capchase to fund growth.

"Clear, upfront hourly rates and transparent invoicing - no 'management' fees or tricky add-ons."

- How Lawtrades describes its pricing
FAQ

Questions people ask

What does Lawtrades do?

It runs a marketplace that connects companies with vetted freelance attorneys, paralegals, and legal ops professionals for hourly, project-based, or contract-to-hire work.

Who uses Lawtrades?

In-house legal teams and law firms - from startups to enterprises like DoorDash, Pinterest, Yelp, Gusto, and Headspace.

How much does it cost?

Clients typically pay $130-$350 per hour (average around $150-180), with transparent invoicing and no separate management fees or mandatory retainers.

Who founded Lawtrades, and when?

Raad Ahmed and Ashish Walia founded it in 2016 in New York. Raad Ahmed is CEO.

How is it different from a law firm or staffing agency?

It offers flexible, on-demand access to independently vetted legal talent with transparent pricing and no long-term commitment, plus AI tools that assist lawyers rather than replace them.