Stockholm

Henchman joins NLTD Stockholm as Tech Sponsor

Tell us how it all started?
The idea for Henchman was born out of a real-life frustration. During the acquisition of their previous company, our founders noticed that legal professionals lose a lot of valuable time to repetitive and tedious work. What bothered them most was the time that was wasted on looking up clauses that the lawyers knew existed somewhere in the company’s database. Clauses that had carefully been drafted before and that should increase the law firm’s efficiency, resulted in a loss of time. Time that should be used by lawyers to create value for their clients by sharing experience and knowledge.That is why Henchman enables legal professionals to draft and negotiate complex and bespoke contracts faster. Our enablement software automatically retrieves and suggests previously written clauses from the company’s contract repository within Microsoft Word.

How has the response been to your product?
The response to our solution has been overwhelmingly positive. Legal teams are blown away by the ease of implementation and use. We often ask our customers for feedback. The key question we then ask them is: ‘How disappointed would you be if you couldn’t use Henchman anymore?’. The majority of users would never want to go back to the old way of drafting.

What challenges have you had along the road?
Although the idea for Henchman is rather simple, the technical side is very complex. For Henchman to be relevant, the tool has to be able to connect to all different types of databases from where it must be able to process millions of clauses. Together with legal advisors, customers who gave on-point feedback and a great engineering team, we have built an unmatched product that does precisely what it promises.

This is Henchman’s first time attending Nordic Legal Tech Day. What are your hopes?We want to meet and connect with forward-thinking legal teams and law firms. We hope to get to know the Nordic market better and understand its challenges.

Where do you see yourselves in five years?
By 2026 we want Henchman to enable 10,000 lawyers to draft and negotiate faster.

We are delighted to have you as a Tech Sponsor. See you in October!

Start-up company ”Juristic” is pitching at Nordic Legal Tech Day

Juristic is one of the start-ups that will pitch their business at the Nordic Legal Tech Day. We have asked them some questions to get to know them better”

 

Describe your business idea in one sentence – What problem do you solve?
A flexible and easy-to-use legal tech platform: (1) a digital timeline with automated email import and document management, (2) a data tool for international company data and charts, and (3) a whiteboard to illustrate structures or transactions. The platform can translate your timeline or drawings into enriched draft deliverables.

Starting a business is not always a smooth road ahead – Do you have a fun/challenging/odd memory from developing your business that you would like to share?
Some of our problems have been very challenging. Building easy-to-use tools that work across jurisdictions and legal areas is an extremely difficult task. Interestingly, some of the best solutions have been found while playing a daily game of chess. Between our founders – and unfortunately for Christian – Kean tends to win.

If you can predict the future of legal tech – what do you think is the next big trend?
Instead of specialized tools for specific tasks, the future will have adaptable and “programmable” multi-purpose legal tech tools that work across the organizations. Intelligent visualization tools instead of complex forms or coding courses: drag and drop elements, draw boxes and arrows – how most people are used to doing things anyway.

What do you look forward to at the Nordic Legal Tech Day?
Meeting like-minded people and businesses. It would not have been possible to create our platform without input and feedback – and discussing legal tech with others!

We are also looking forward to the panel discussion regarding AI compliance in practice, especially considering the proposal for harmonised AI rules.

Thank you for your time and we look forward to see you in october! – NLTD Crew