When companies have to create basic documents such as NDAs and sales contracts, they often task their highly-paid hired lawyers with the job — even though this is essentially administrative work.
Ironclad is a startup in our current batch that acts as an automated legal assistant, creating standard documents that all companies need. This means that paid lawyers can focus on what they
are good at, which is providing legal advice on more complicated matters.
TechCrunch’s Fitz Tepper wrote about Ironclad today:
“Jason Boehmig, co-founder of Ironclad, explained that current methods
to draft and execute legal documents are extremely fragmented. For
example, a startup trying to complete a sales agreement would have to
separately move documents between their lawyers, document storage
solutions, and e-signature companies.
With Ironclad, this entire process is automated, which lets companies save a bunch of time and money.
Notably, Ironclad isn’t out to replace lawyers. In fact, Boehmig
explained that the company’s goal is to become an operational layer for
lawyers, essentially consolidating their workflow and giving them