Lawyer Matching Solution 'Rotary' Operator Selected for TIPS, Receives 500 Million KRW Funding Over 2 Years

Loyard Company Selected for the Ministry of SMEs and Startups TIPS Program

[Asia Economy Reporter Kim Bo-kyung] Loyard Company, which operates the corporate lawyer matching solution 'Rotary,' announced on the 4th that it has been selected for the TIPS program by the Ministry of SMEs and Startups.

TIPS is a program where the Ministry of SMEs and Startups and private investors jointly select startups with leading technology and business potential to support research and development (R&D) and commercialization. Loyard Company will receive 500 million KRW in R&D funding over the next two years.

Loyard Company developed the service Rotary, which provides a simplified lawyer connection process for companies experiencing a surge in legal disputes or legal issues due to changes in the business environment.

Rotary simplifies the lawyer appointment process and proposes reasonable fees through data analysis, offering a solution that allows companies to receive legal advice without having in-house specialists. Notably, Loyard Company currently has over 3,000 lawyers nationwide participating, making it easy to meet specialized lawyers in various fields.

Meanwhile, Loyard Company operates 'Bokdaeri,' Korea's first lawyer-exclusive work support platform, with over 8,000 contracts concluded between lawyers. Recently, it launched a service that broadcasts court trial progress from courts such as the Seoul Central District Court to lawyers.

This content was produced with the assistance of AI translation services.