Law firms in Malaysia continue to face significant challenges due to outdated practices, including poor client communication, improper record management, and reliance on manual operations. Under the Limitation Act 1953, firms are required to keep transaction documents for at least six years, often leading to excessive paperwork and inefficient record-keeping.
Despite the growing need for digital solutions, less than 5% of Malaysia’s 8,412 law firms have adopted technology-driven systems to streamline operations. Lawyers frequently struggle with work overload, making it difficult to provide timely updates to clients, resulting in frustration and lack of transparency. Simplifi.my is addressing these challenges by providing an electronic file management system that enables law firms to transition away from traditional, paper-based processes. The platform streamlines workflows, automates client updates, and ensures better transparency, ultimately improving client relationships and operational efficiency. By leveraging cutting-edge technology,
Simplifi.my allows law firms to securely store and retrieve documents, remain compliant with legal retention requirements, and enhance collaboration within teams. Since launching in March 2023, over 100 law firms have adopted Simplifi, demonstrating a strong demand for digital transformation in the legal sector.
To support its vision of modernizing legal practice management, 1337 Ventures has invested in the company through its 1337 Capital 1. This strategic investment underscores 1337 Ventures’ commitment to empowering startups that drive industry-wide innovation.
Bikesh Lakhmichand, CEO and Founding Partner of 1337 Ventures, emphasized the importance of this partnership, stating, “Legal tech is an area ripe for disruption, and Simplifi.my is tackling a longstanding issue that has hindered law firms for years. By introducing an intuitive and automated platform, Simplifi.my is setting a new standard for how legal professionals manage cases, communicate with clients, and remain compliant. We are excited to support Hafiz and his team as they scale their impact across Malaysia and beyond.”
Hafiz Hasan, CEO and Co-founder of Simplifi.my, echoed this sentiment, adding, “Law firms have been operating in a traditional manner for far too long. Simplifi.my was built to modernize the legal profession by simplifying complex processes and enhancing collaboration. With the backing of 1337 Ventures, we are poised to accelerate our growth and make a lasting impact on the legal industry.”
As part of its continued dedication to fostering innovative founders, 1337 Ventures continues to seek startups to fund via the 1337 Capital 1. Startups seeking venture capital funding and strategic guidance are encouraged to secure a spot at 1337 Ventures’ flagship Pitch Tuesday session by visiting https://1337.ventures/pitch-tuesday
