, Legal Times

Virtual Law Firm ‘Clearspire’ Closes

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The “virtual” law firm Clearspire has closed, and its propriety software Coral will live on under new ownership, according to leaders from the firm.

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  • not available

    @Ardesco: I was pondering about the same question (out-loud even) hence wrote a piece with my thoughts here: https://www.linkedin.com/today/post/article/20140610142547-102764043-did-clearspire-ever-intend-to-operate-as-a-law-firm?trk=prof-post

    After posting this I got in touch with one of the former team-members of their law operation. The details being confidential, I can only say that Clearspire law experimented with some distribution channels which are not common for the legal service industry.

    That is not a problem per se, the bigger problem is that they went all-in without having prior insights on how that distribution channel is going to perform, thus incurring high costs with low returns.

    Nothing wrong with the NewLaw model, but a lesson for all the innovators to (in)validate their assumptions first.

    Thanks!
    Ivan
    LegalTrek

  • Ardesco

    Did it dissolve because they weren‘t making money or because they couldn‘t get along? Would be interesting to know...

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