Our online contract automation tool allows business owners to create their own legal documents, have them reviewed by a lawyer, and signed electronically.
Check us out! Happy to hear feedback from you all!
31–40 of 71 posts
Our online contract automation tool allows business owners to create their own legal documents, have them reviewed by a lawyer, and signed electronically.
Check us out! Happy to hear feedback from you all!
If the question meant, why aren't there startups replacing lawyers, possible answers include: 1) In the U.S., non-lawyers can't be owners or investors in law firms; 2) There isn't a lot of overlap between the tech industry and the legal industry; 3) Much substantive legal work is custom knowledge work that would require a human level AI to replace. An approximation won't work.
There is still plenty of money to be made with something that helps lawyers do their jobs. Suggest document assembly as ripe for disruption. Existing tools are too costly.
I can put anyone in touch with the founders, if you'd like.
Day in and out, much lawyering is piece work of a custom or semi-custom nature...even with standard contracts getting the execution date and names of the parties correct and double and triple checking matters: GIGO doesn't make the grade.
Years ago I worked on a team that designed renovations for a courthouse parking structure. Documents were done, competitive biding had been announced, closed and fixed price bids received, a contract awarded, notice to proceed given, and selective demolition began at 7am or so Monday morning. 10am the phone call comes in. The job is shut down. The bailiff told the superintendent that the Judge said he would throw his ass in jail for contempt of court because the construction activity was disruptive to proceedings in his courtroom [jackhammers can do that]. Twelve months of daylight construction became thirteen months of night time construction. I'm not sure if the contractor started preparing the change order price or started shopping for a new boat first.
Anyway, moving fast and breaking things in law runs the risk of winding up in jail. If the judge doesn't like it, the bailiff comes just got a change order to move toand hauls you away with "Tell it to the judge" the only response to your protestations of good intent while knowing full well its irony.
We also occasionally encountered strong opposition, including having more than one law school prohibit the use of our software by students.
I'd say that there are a lot of law-oriented startups that you never hear about, especially if you're not part of a school or firm that's directly targeted by them.