Program with an open call throughout the year for a four-month period that aims to identify, co-create and promote the development and implementation of solutions and use cases that solve the challenges identified by Cuatrecasas. The PoC takes place in an agile space and with the participation of a team made up of professionals from the startup, lawyers and engineers from Cuatrecasas.
which startups can apply?
Legaltech scaleups, with an advanced level of development of their solution that needs to validate the integration and adaptation of the product or solution to the specific case of Cuatrecasas or the Spanish legal sector.
Startups with a mature technology, and with a functional prototype that does not yet operate in the legal sector, with whom to establish a use case and co-create together with Cuatrecasas a valid and scalable solution for the legal sector.
CHALLENGES
MAXIMIZE COLLECTIVE KNOWLEDGE
Transfer knowledge from individuals to the companybusiness to share it with others, avoid losing information when someone leaves, and be able to assemble the best teams for every situation capable of working efficiently with other departments and offices to provide customer support while also observing security and confidentiality.
PRODUCTIVITY AND EFFICIENCY THROUGH AUTOMATION
Use technology to support routine tasks, streamline research and document building, minimize mistakes, and have the necessary information on hand for decision-making that is easy to update
BLOCKCHAIN AND SMARTCONTRACTS
Experiment with the creation of smart contracts that have business application.
CUSTOMER ENGAGEMENT
Solutions to digitize the relationship and improve collaboration with the customer
Benefits
Validation of the solution or technology through a POC at a large law firm.
Exposure and visibility to investors, clients and the media.
Integration and development of new functionalities or business models, leveraging collaboration and co-creation opportunities
Access to the Spanish entrepreneurial and innovation ecosystem.
TIMELINE
1. APPLY
You can apply to the fast track program through the form. If you are sure about your use case, don’t forget to describe it in the application form. If not, don’t worry, just clearly describe your technology and what problems it solves.
2. EVALUATION
The application of each project will be reviewed by a committee made up of partners, engineers, project managers and program collaborators, who will evaluate if the proposed use case helps to solve any of the identified challenges.
3. SELECTION DAYS
Before selection and to further define the use case, there will be an online interview with the startup team and the professionals to whom the pilot applies. After evaluating the presentation, it will be decided if the project enters the Fast Track program.
4. LET’S START!
The program and the development of the pilot will begin with a Kick Off: an intense working session with the entire project team to determine objectives, roles, methodology,…
5. DEMO DAY
At the end of the 4-month program, Cuatrecasas commits to review the metrics jointly set at the beginning of the program to determine the future of our relationship. Let’s hope for the long term!
The startup will also have the option to participate in a Demo Day in February.
SOME USE OF CASE FROM PREVIOUS EDITIONS
Parallel is a platform that helps to get documents and customer responses on time and without email chains. Its simple design streamlines workflows and the exchange of documentation in an organized manner.
A POC of the KYC process is developed.
During the pilot we worked on the integration of Nexl’s CRM software with the objective of replacing the current contacts and activities management in outlook, to help share information about contacts and commercial actions between the lawyers and the Marketing department.
Using Omnios technology, we have developed a platform to analyze all the unstructured information (text, audio or video) generated during litigation to help optimize the strategy, planning and execution of trials by lawyers. We developed its first use case for the legal sector.
Allows access to past content in an agile way for the preparation of a trial and obtains automatic transcriptions of the content to facilitate the realization of an appeal.
The platform brings lawyers and parties together in a secure space, facilitates and secures document exchange, simplifies project management, automates signatures in a secure signatory authentication interface, and also generates files on the transaction once closed.
During the pilot we work on the integration and adaptation of the platform to a real use case of the Mercantile department. After the pilot, it is invested by Cuatrecasas Ventures.
Development of functionalities and integration of TIQ‘s Time Entry system. Implementation of the solution to the whole office after the pilot is completed.
“The added value is greater efficiency as it saves you some steps, such as the customer search or the predefined phrases. Its also more flexible and has additional functionalities. It avoids wasting hours to record what you are doing.” Alexandra – Lawyer y Key User
