Virtually precisely one 12 months in the past, a brand new authorized tech startup, The Contract Network, came out of stealth, with a mission to “radically speed up the time for contract negotiations” via an AI-powered contract collaboration platform the place all events to a deal interact in a safe and impartial atmosphere.
The corporate’s cofounder and CEO, Jim Wagner, is a authorized tech veteran with a monitor file of beginning and main profitable corporations in contracting and e-discovery, together with having cofounded the e-discovery firm DiscoverReady, having been president of the contract administration and analytics firm Seal Software program, and, after Seal was acquired by DocuSign, having been vice chairman of settlement cloud technique there.
With The Contract Community, Wagner goals to “change contracts for good” by fixing the issue of contract negotiations taking too lengthy and missing instruments for real-time collaboration, communication and transparency amongst all events.
On at this time’s LawNext, Wagner is our visitor, to speak about what he sees as damaged with the normal contract negotiation course of and the way The Contract Community gives a greater possibility. Given his 30-year profession on this business, he additionally shares his ideas on the way it has advanced and the place we’re at this time.
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