Atrium lays off lawyers, explains pivot to legal tech

Atrium lays off lawyers, explains pivot to legal tech

4 years ago
Anonymous $yQ5BfQaAxy

https://techcrunch.com/2020/01/13/atrium-layoffs/

$75 million-funded legal services startup Atrium doesn’t want to be the next company to implode as the tech industry tightens its belt and businesses chase margins instead of growth via unsustainable economics. That’s why Atrium is laying off most of its   in-house lawyers.

Now, Atrium will focus on its software for startups navigating fundraising, hiring, and collaborating with lawyers. Atrium plans to ramp up its startup advising services. And it’s also doubling down on its year-old network of professional service providers that help clients navigate day-to-day legal work. Atrium’s laid off attorneys will be offered spots as preferred providers in that network if they start their own firm or join another.