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docjuris

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DocJuris Company Research Report



Company Overview



Name: DocJuris

Mission of the Company:

  • To empower people to spend their time doing what they do best, allowing for greater productivity and creativity.


Founded: 2018

Founded By: Henal Patel and Brian Ng

Key People:

  • Henal Patel: CEO

  • Brian Ng: CTO

  • Glenn Gutierrez: COO


Headquarters: Houston, Texas

Number of Employees: No information available

Revenue: No information available

What is the Company Known For:

  • DocJuris is known for its contract negotiation software that significantly reduces the time required to review contracts, enhances process uniformity, and improves team collaboration and satisfaction.


Products



Overview:

DocJuris offers software solutions focused on contract negotiation and management, leveraging AI to streamline these processes.

Core Products:



1. AI-Powered Contract Negotiation Software:

Description:
  • A tool designed to assist legal, procurement, and sales teams in drafting, reviewing, and editing contracts.


Key Features:
  • Pre-screening contracts in accordance with playbooks and precedents.

  • Real-time collaboration capabilities.

  • Advanced AI-driven analysis and customizable AI models.

  • Tracking changes and maintaining version control.

  • Automating contract amendments from redlines or markups.

  • Analytics to visualize contracts and identify negotiation bottlenecks.

  • Supports multiple languages.


2. Contract Management Tools:

Description:
  • Tools designed to automate and streamline every aspect of contract lifecycle management (CLM).


Key Features:
  • Handling and converting any document format into a consistent view.

  • Generating AI-powered screening reports.

  • Organizing and using contract playbooks.

  • Internal collaboration features to tag colleagues and maintain progress.

  • Comment management to prevent leaks and internalize discussions.

  • Amendment automation to manage contract changes effectively.


3. Precedent:

Description:
  • An addition to the DocJuris platform that leverages past contract negotiations to automate and improve current contract reviews.


Key Features:
  • Marking up contracts with templates, past markups, and finalized agreements.

  • Researching and using clauses across the contract lifecycle.

  • Enhancing the negotiation process with insights from previous contracts.


Recent Developments



Recent Developments:

  • Precedent Launch:

  • In October 2023, DocJuris launched ‘Precedent,’ a new AI tool that helps users leverage past contract negotiations to streamline current contract reviews.


New Products Launched:

  • Precedent:

  • Uses AI to mark up contracts based on historical data, improving efficiency and accuracy in contract negotiations.


New Features Added to Existing Products:

  • Integration of Precedent:

  • Enhanced functionality in historical data application during contract reviews.


New Partnerships:

No information available.




Note: Areas marked with "No information available" indicate that specific data points were not provided. This report is based on the available information up to the current date. For the latest updates or detailed information, additional access to company records or inquiries may be needed.
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