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One thing I really like about the Legalese front page is they identify the problem with all the other numerous contracting-automation startups out there. We do
by unyttigfjelltol 5y ago
One thing I really like about the Legalese front page is they identify the problem with all the other numerous contracting-automation startups out there. We don't need another soup-to-nuts automated contracting solution. We have those, they're fine but they're not going to bring about world peace.
What we really need is an industry-wide API-like-thing to provide a higher base to build all the other contracting solutions on top of.
Right now the default API is "English language" and law of your choice. That's too hard of a problem to solve transparently with technology and it presents a learning curve that's hard to justify with an endgame of vendor lock-in and product instability. And you can only do so much if you're the only contracting party "speaking" that API. Designing a replacement API isn't easy either, and industry adoption may be nigh impossible from the position of a startup. But these folks seem clever and they think big so something to watch.
- deleted 5y ago[deleted]