DocJuris — Why We Invested

One of the most important, and arguably overlooked, business activities is the contract negotiation process. Fortune 500 companies review and negotiate over 250,000 contracts annually. That equates to more than 25,000 hours per company spent redlining, comparing, and tracking contracts with thousands of unproductive hours lost. In-house legal departments are essential stakeholders when it comes to B2B and B2C contracts, however they oftentimes become a bottleneck due to limited capacity and inefficient workflows. This can lead to long closing cycles, additional expenses, and lost revenue. The problem that persists today is one that has existed for decades and has never been solved: the contract review and negotiation process remains the most expensive, complicated, and time-consuming phases of the contract lifecycle. <a href="https://medium.com/wtv-in-the-flow/docjuris-why-we-invested-af2a4a91a5c">Read More</a>