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Legal Tech
‘We Use AI, But We Pass on the Savings’ – Kyra Law
Artificial Lawyer
1mo · 3 min
Kyra Law is a pioneering UK-based NewMod law firm. Artificial Lawyer spoke to co-founder Julian Ritter about leveraging AI with this new business model, the ...
Kyra Law is a pioneering UK-based NewMod law firm. Artificial Lawyer spoke to co-founder Julian Ritter about leveraging AI with this new business model, the work they’re doing for clients, the economics of this approach, and where this is all heading.
And as you’ve seen, NewMods are growing in number at a tremendous rate. Many are in the US, so it’s great to see another one arrive on this side of the Atlantic.
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How Kyra Law is built as a ‘new model’ AI-first law firm, designed from scratch around AI rather than retrofitting AI into a traditional firm structure.
The firm focuses mainly on startups and scale-ups, especially clients between pre-seed and Series B who often need commercial contracts, MSAs, and funding-round support.
Kyra operates on an unreserved legal basis in the UK, with regulated lawyers doing the work but the business itself not set up as a traditional regulated law firm.
The firm’s value proposition is speed and price: published fixed fees, same-day turnaround on many matters, and materially lower costs than big law firms.
Pricing is managed bottom-up using data, risk signals, and learning from past matters, with the goal of making fixed fees sustainable through better forecasting and AI-driven efficiency.…
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