Summary List Placement
Basha Rubin was in labor when she negotiated the term sheet for her Series A.
In May last year, Rubin hashed out investment details for Priori Legal, an attorney hiring platform for companies, clutching her phone as her partner drove them to the hospital.
“They were on these curvy roads and she had the phone like this,” said her co-founder Mirra Levitt, holding her palms out in front of her face. “It was like watching a video game.”
Experiences like Rubin’s are not uncommon among working women, who often face hurdles that their male colleagues don’t. This is especially the case in law and tech — two industries that have historically struggled with diversity. Women make up only 31% of nonequity partners and 20% of equity partners in the 200 largest law firms, per data from the American Bar Association. In the tech world, just 28% of startups have a female founder, according to a 2019 Silicon Valley Bank report.
The numbers are bleaker when you look at the intersection of the two industries: There are only 14.5% female founders of legal tech companies, according to a study by Kristen Sonday, cofounder of the legal tech platform Paladin.
Female legal tech founders …read more
Source:: Businessinsider – Tech