Proof of Usefulness Report

Logaras Law

Analysis completed on 2/27/2026

+43
Proof of Usefulness Score
You're In Business

Logaras Law is a verified, reputable boutique law firm in Greece specializing in IP and Technology law, recognized by industry rankings (WTR 1000). However, the project submission contains significant inaccuracies, such as claiming the audience is 'everyone' and that 'most people have used my product', which are demonstrably false for a specialized B2B service. The 'market cap' figure likely represents annual revenue (~€500k), consistent with a 6-person team. As a traditional service business rather than a scalable technology product, it scores low on innovation and reach, though its real-world utility to its specific niche is high.

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Score Breakdown

Real World Utility85.0 (High utility professional service; verified external reputation mitigates vague submission)
Audience Reach Impact10.0 (Niche B2B market; heavily penalized for false 'everyone' claim)
Technical Innovation10.0 (Standard legal service practice; utilizes tech but does not create it)
Evidence Of Traction25.0 (Verified awards/recognition exist, but submission claim of 'most people' is unreliable)
Market Timing Relevance60.0 (IP and Tech law are currently relevant sectors)
Functional Completeness20.0 (Submission contains confusing metrics and exaggerated claims)
Subtotal+38
Usefulness Multiplierx1.12
Final Score+43

Project Details

Project URL
logaraslaw.com
Description
Logaras Law uniquely combines top-tier law firm service with the versatility and tailor-made approach of a boutique law firm. We have a long experience in advising multi-national companies doing business in Greece and a deep understanding of their legal needs. We focus on providing excellent legal services and turnkey solutions in a comprehensive and pragmatic manner. Our vision is to be a valuable partner, providing practical and business oriented legal advice to our clients, from their early steps, to day-to-day business operations, complex transactions and contentious matters. Our practice keeps abreast of the latest technology developments, both in terms of legal expertise and client service. We have an excellent grasp of the current legal framework, the challenges ahead, as well as the business opportunities that will be generated with the developments in new technologies, such as digital markets, Artificial Intelligence, Internet of Things, etc. In addition, our firm implements industry standard procedures state-of-the-art IT / legal tech solutions to provide efficient and competitive legal services.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline