Juzto.co is the winning startup of the fourth edition of the Global Legaltech Venture Days of IE University Law School

Over 50 legaltech startups from Portugal, Colombia, Spain and beyond applied for the fourth Global Legaltech Venture Day; Juzto.co from Bogotá, Colombia, is this year’s winning startup.

On June 9, 2022, IE Law School hosted the grand finale of the Global Legaltech Venture Day at SouthSummit in Madrid.

NOVA Advogados from Lisbon, Juzto.co from Bogotá and Contractflows from Guatemala presented their projects to a judging panel comprising legal sector experts, investors and lawyers from recognized law firms like Garrigues and Cuatrecasas.

The ceremony started with a welcome from the Dean of IE University Law School, Soledad Atienza, who kicked off the competition. First to present was the winning startup from the Madrid edition held on May 24, 2022, Contraflows; a Guatemalan company that offers automated legal services via artificial intelligence to create, review and sign contracts. Contractflows CEO Juan Luis López represented the company.

Next up was Juzto.co, the winner of the Bogotá edition held on May 19, 2022, represented by CEO John Morales. This company is dedicated to building a fairer society by offering legal services to Colombians over its digital platform. In turn, Juzto.co, as well as offering expert legal advice, allows users to create documents and carry out business or personal administrative procedures.

Last but not least, the final startup to present was NOVA Advogados, winner of the Lisbon edition.

NOVA Advogados offers legal and compliance services to companies so they can keep their business on a sound legal footing. The company was represented by CEO Rui Neves Ferreira.

After the presentations wrapped up, Soledad Atienza interviewed Sebastién Bardou, VP of Strategy for CEMEA at LexisNexis. Bardou will be leading a six-month mentorship program at LexisNexis for this year’s winning startup.

“During a time when the digitalization of legal services is already a reality, at IE Law School we continue our commitment to promote talent and all those emerging companies where law and technology converge. We’re looking for startups that can positively influence and provide solutions to the main challenges that legal systems face, in addition to those providing access to justice. For this competition, in which we have the honor of being sponsored by LexisNexis, it has been a true delight to welcome all of these participants. They have presented disruptive solutions that will surely have a positive impact on society,” said Soledad Atienza, Dean of IE Law School.

“At LexisNexis, we support the growth of startups in the legaltech sector, so it’s a huge honor for us to be part of this alliance with IE University Law School at the Global Legaltech Venture Day.” Sebastién Bardou, VP of strategy for CEMEA at LexisNexis.

Over 50 legaltech startups from Portugal, Colombia, Spain and beyond participated in this year’s competition.

“At IE University, we support entrepreneurial talent in the legal field and the Global Legaltech Venture Day exemplifies this. This year we have noticed the consolidation of the legaltech ecosystem in the countries where we have organized the competition. It has been an absolute pleasure for us to work with the Law Schools Global League, the Catholic Global School of Law in Portugal, and the University of the Andes in Colombia for this project.”

Macarena Plaza, Head of International Corporate Development and Legal Innovation at IE Law School and Global Legaltech Venture Day organizer

The Global Legaltech Venture Day competitions are international contests for legaltech startups. The objectives are to discover new talent from startups working in the legal-technology sector, while encouraging the use of technology in law fields. LexisNexis is a sponsor for this year’s edition.

This startup competition identifies, supports and encourages entrepreneurs from the legal-technological sector. The objective is to help emerging legal-technological companies propel their business projects by promoting innovation in the improvement of legal systems and progress in the rule of law.