Danish legal research challenger Pandektes has raised €2.9m in seed investment from People Ventures and Interface Capital. Pandektes, which counts German law firms such as Eichler Kern Klein and WR-Legal, plus DLA Piper and a number of Danish law firms and regulators among its clients, leverages AI and contextual search to uncover insights across supranational legislation, case law, and proprietary data.
It is collecting rulings and legal sources from across European jurisdictions and while its still early days for the 2023-founded company, the goal is build a database with millions of legal sources.
CEO Casper Laursen told mainstream EU tech publication tech.eu: “Legal professionals currently have access to only a small fraction of the legal resources they need. In Denmark, for example, lawyers can access less than half a percent of all court rulings each year. Our AI tool changes that by making more of these rulings available, searchable, and easy to find. This will enhance the rule of law, promote greater transparency in legal practice, and significantly boost efficiency in the industry. What used to take days of legal research, we can now accomplish in seconds. That’s a true revolution.”
Outside of legal research giants LexisNexis and Westlaw, Europe has seen ‘newer’ player vLex (which merged with Fastcase) grow its market share. vLex started in Spain, with an initial focus on serving the Spanish legal market, but now provides access to legislation and case law internationally.
