Global law firm Dentons has launched a virtual counsel service in Australia to give subscribers fixed-price legal advice.

The web-based Dentons Virtual Counsel promises to challenge the status quo of the legal industry, Dentons said. It allows Australian businesses to access as much legal help for their day-to-day business needs as they need from experienced Dentons lawyers.

"We know that the legal landscape is changing. Clients are looking for greater value around legal services and businesses are looking for more efficient and cost-effective ways to operate," Nick Stretch, a partner and head of Dentons' corporate group in Australia, said in a statement.

"We developed Dentons Virtual Counsel in Australia with the needs of our clients in mind. Not every business needs or is able to retain an in-house team of full-time legal professionals."

Dentons Virtual Counsel is currently available only for Australian businesses but can be rolled out globally in the future, the firm said.

It provides advice such as answering company secretarial queries; reviewing or preparing standard form documents; creating basic policies and procedures; and assisting with Australian Securities & Investments Commission and Australian Securities Exchange compliance.

The service also provides strategic advice on responding to regulators or dealing with disputes and on planning for transactions.

"The platform will challenge the status quo for the legal industry with its forward-thinking, solutions-focused approach, aimed at giving clients access to a deeper talent pool of specialists with absolute cost certainty. The reporting and analysis tools will also be of great assistance in analyzing and addressing corporate compliance risk," Stretch said.

The platform will also provide a centralized platform to house all legal queries and allow companies to identify company trends by seeing what their team is regularly asking for help on so they can identify and address any issues or areas of risk, Dentons said.

Dentons did not release its pricing.

In Australia, legal tech startup Lawpath provides fixed-price online legal assistance to small businesses.