As data and AI-related terms penetrate our daily and professional lives more, more sectors are transformed by disruptive technologies. The legal sector cannot be considered as if it were outside of these advancements, either. The term “legaltech” can be defined as the application of advanced technologies such as artificial intelligence, machine learning, and blockchain technology into the legal processes as we have written on our blog. With the disruptive digital transformation in the legal sector, Taking advantage of AI technologies including NLP is inevitably needed. JUIT from Brazil enhances the legal research process for lawyers with a SaaS product that combines powerful search and proprietary AI to give them the ability to make data-driven decisions every day upon jurisprudence, legislation, and doctrine. Their system collects, cleans, and organize data in a way our users can extract insights in just a few clicks. Co-founder Deoclides Neto shared with us insights about their story.
Tell us about your team
We are currently 4 people working on the solution, all of them with a mix of tech and law in their background. We have the CEO (law bachelor with an MBA in Big Data), the CTO (software engineer with +20 years of experience), a full-stack dev, and a data scientist.
When and why did you found your startup?
Brazil is one of the biggest legal markets in the world. More than 1.3 million professionals suffer to do assertive legal research, in a sea of 93 different website courts and more than 40.000 legislation. JUIT came to ease this process, by organizing all the data from the courts in a single platform, enabling lawyers to find what they need in a fraction of the time they usually would spend.
What are your key and unique features?
Our proprietary AI algorithms can read and classify jurisprudence in a very accurate and fast way, creating a unique platform that combines a powerful search engine with very detailed/enriched data. Legal practitioners, then, can see their results as text or graphics, gathering information much faster.
Tell us about the numbers that matter to you.
~ 1.500 users
~ 15k searches monthly
~ 60 million jurisprudence, 40k legislation, and 48k doctrines
What are your plans for the next year and the next 5 years?
Next year: to fine-tune the product-market fit, deliver some more features, and scale revenue by expanding to other States;
5 years: change from information software to information AND management software, with more solutions and opening markets in industries such as government and finance.
More about JUIT