When it comes to legal documents, you can never be too careful -- any small mistake or oversight could result in hefty costs. And at the moment, numerous legal documents involving hundreds of billions of dollars are created each year and subjected to only human review.
jEugene is a startup that launched this month out of our Summer 2015 class that automatically scans legal documents and detects difficult-to-spot errors. Notably, jEugene detects definitional errors, which are among the most common yet hardest to catch drafting mistakes lawyers make.
TechCrunch's Mike Butcher wrote about jEugene in a story published earlier this month:
"For years, software engineers have enjoyed the assistance of quality assurance software when writing computer code. Lawyers, however, are generally stuck with Microsoft Word. Yikes! So automated, intelligent reviewing of legal contracts by software should be the future. That’s where jEugene, a new YC startup as part of this summer’s batch, comes in.Read the full story on TechCrunch here.
This startup helps the drafters of legal documents catch mistakes that could be fatal to such documents’ validity or enforceability.
The original idea of Harry Zhou, who, as a first-year lawyer, was tasked with proofing a 250-page contract and wanted more than his supervising lawyer’s assurance that 'you did great,' jEugene scans through a legal document and highlights in text potential drafting mistakes in the document."