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LOD launches Spoke, an online marketplace

The new platform at www.spoke.law allows lawyers with capacity to connect directly with clients

LOD (Lawyers On Demand), the leading international flexible legal service provider, today announced the launch of an online marketplace – Spoke. Spoke is a website for clients to discover and hire a wider group of lawyers with capacity on a flexible basis. Located at www.spoke.law, it is the first and only platform of its kind from a New Law provider.

Spoke is now open to talented lawyers to make the most of a changing market through a new offering, whether or not they work through LOD’s other service lines. It recognises that a growing number of lawyers are now interested in servicing clients flexibly and taking control of their own time. The Spoke site has been live for lawyer registrations in the UK since 27 April. Those that have already signed up include barristers from leading commercial chambers, specialist sole practitioners and the wider community of freelance lawyers across many practice areas.

At least 500 lawyers are expected to be signed up to Spoke by the time of launch to clients in July. Clients (in-house legal teams and law firms) are already able to indicate their interest at www.spoke.law, with full access to search and hire lawyers by July.

“Spoke takes the flexible lawyer landscape that LOD pioneered and adds another new way of working”, said Simon Harper, Co-Founder of LOD and creator of Spoke. “The so-called ‘gig economy’ has allowed lawyers and legal teams to have flexibility and control over how they work and Spoke signals another stage in the New Law evolution. The big law firm was one way for lawyers to work that grew out of the twentieth century. Spoke is about harnessing what the twenty-first century has to offer”.

Spoke will offer a variety of experience and expertise across different practice areas, ranging from core commercial contracts to more niche specialisations from both solicitors and barristers. The lawyers on Spoke will be available to work with legal teams on a remote flexible basis just when clients need them. This new channel expands on LOD’s existing models for on site secondments and managed teams, both of which continue to grow.

“It’s exciting to take what we’ve learned from 8 years of providing flexible legal solutions and inject that knowledge into a new digital platform and offering”, said Tom Hartley, CEO of the LOD group. “Spoke uses technology to open up opportunities to engage in a new way but is still based on great people offering great service. It’s about giving more control to a wider group of lawyers over how they work and providing greater choice for clients in the way they resource their needs.”

Like Airbnb, Spoke uses technology to open up a services marketplace. McKinsey, the leading management consultancy, estimates that online capacity platforms like Spoke could add $2.7 trillion to global GDP by 2025[1].

 

[1]         McKinsey Global Institute Report – A labour market that works: Connecting talent and opportunity in the digital age. http://www.mckinsey.com/global-themes/employment-and-growth/connecting-talent-with-opportunity-in-the-digital-age

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