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Legal Karma: Revolutionizing Legal Services Access through Credit Unions
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In this episode of VentureTech Launch(pod), we're joined by Kory Kelly from Legal Karma, who brings a fresh perspective on a pressing issue in the credit union space and beyond. Kory discusses the significant challenge of access to justice in the United States, where complex legal structures often favor lawyers' billable hours over affordable legal access for average Americans.
Legal Karma addresses this by offering a digital solution to help credit unions provide their members with affordable and trustworthy legal services, including wills and trusts. Kory shares the journey of how Legal Karma pivoted from trying to make law firms more efficient to partnering with credit unions like Desert Financial, who successfully scaled their estate planning department using Legal Karma's tech. This innovative approach allows credit union members to access essential legal services directly through their banking platform, enhancing their financial wellness journey.
The episode delves into how Legal Karma is not just offering legal solutions but also deepening the relationship between credit unions and their members. Kory's vision for Legal Karma is to make banks and credit unions the primary providers of legal needs for Americans, challenging the traditional law firm model. This episode highlights the potential of fintech collaborations to bring meaningful change in the financial and legal landscapes.
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