MinervaAI
No More Roadblocks
4 min
Jan 7, 2023


Goodlaywer is not a traditional legal firm...in all the best ways.
— Victor Tay, COO & Co-founder of MinervaAI
About
MinervaAI’s mission is to put bad money out of business.
They solve the problem of repeated, manual regulatory tasks in enhanced due diligence (EDD) and anti-money laundering (AML) investigations. Their cloud-based risk assessment platform can perform risk-assessments in real-time, such as sanctions and watchlist screening, adverse and social media risk assessment, and the resolution of hidden networks and beneficial ownership.
The normal investigation process can be time-consuming (8+ hours), which means organizations are faced with potential backlogs and lack of scalable solutions to keep pace with growth. MinervaAI weaves together regulatory and operational expertise with cutting edge technology to tackle all of these regulatory tasks in a simpler and faster way.
The Challenge
Receiving legal help seemed more like a roadblock than the fuel they needed to keep their scaling business growing.

The information and support offered always seemed more complex than required. This resulted in long, drawn-out discussion, lots of back-and-forth emails, and increased cost/billing.
— Victor Tay, COO & Co-founder of MinervaAI
Like many, the MinervaAI team had reservations working with lawyers because of how they’ve been traditionally displayed in media as complex talkers, looking to tie you up with words, and increase their billables.
The Solution
Although still skeptical about the value lawyers could offer, the MinervaAI team reached a point where they simply had to try to find a solution, which led them to Goodlawyer.
Impressed by the responsiveness of our customer service team, Victor and his team’s reservations dissipated.

The experience has been awesome! Every lawyer that we have spoken with to date, appears to use less legal jargon and just jump[s] to explaining what my actual risks are.
— Victor Tay, COO & Co-founder of MinervaAI
No more back and forth or waiting (with a surprise legal bill). They were able to find a legal solution that could keep up with their fast-growing business.
“Goodlawyer has helped streamline our contracting process, both from a timeliness and cost perspective. We are able to turn around the contracts faster, understand our risk and reduce our overhead costs when signing new clients.”
The Result
Our platform efficiently and effortlessly helped MinervaAI connect with a diverse network of good lawyers who understood their business.

“We found some really good lawyers on the platform and have built up a stable of go-to legal experts for support.”
— Victor Tay, COO & Co-founder of MinervaAI