The ai-driven
Legal as a Service Platform
for startups and scaleups

Get a discount of 25-85% on all PACTA modules you need to legally secure your growth and not fail due diligence in your next financing round. On PACTA, you have on-demand access to automated legal advice from our renowned premium partner law firms and have your documents and workflows analysed by artificial intelligence.

BENEFITS

You cannot and do not want to wait days and weeks for legal bureaucracy or pay hourly fees of traditional law firms. We understand that only too well. Time is money and capital must be used in a targeted manner.

This is exactly where PACTA comes in and offers you the opportunity to organise your contracts and legal processes in a legally secure way without much effort or long waiting times at reasonable flat rates.

1

Scalable Contract Lifecycle Management

A contract involves at least two people. However, many people have at least one point of contact with the lifecycle of legal documents. Those involved usually communicate independently of each other by e-mail or even by paper-based correspondence. Individual processes thus have to be forwarded, related, discussed and approved many times.

PACTA allows you to have all legal processes managed on a single platform by our premium partner law firms and realised by you. PACTA maps the right workflows for each internal and external stakeholder.  

In this way, you create a unified solution for all participants and optimise the entire life cycle of your legal relationships with customers, employees, investors and law firms.

2

Legal security with maximum agility

In order to create an alternative to the high costs and long consulting cycles, founders often individualise their contracts themselves without legal advice or indiscriminately use the next best contract generator from the first Google ad. This often leads to legal errors that cause the next financing round to fail at the latest during due diligence, e.g. due to missing or incorrect confidentiality obligations, clauses on the transfer of IP rights or potential claims for damages.

With PACTA, you have your legal processes managed by experts and analysed by Themis, our artificial intelligence. Our premium partner law firms determine a legal framework in advance in which you can operate with legal certainty. If individual contract clauses go beyond this framework, you start an automated process for approval or processing by your contact person.

In this way, you create more legal certainty and eliminate on average 75% of the sources of error in your company's legal documents.

3

Price guarantee and legal advice right from the start

Lawyers' hourly fees are often neither transparent nor calculable for young companies. The world of startups is therefore crying out for flat rates.

For the first time, PACTA enables law firms to profitably set up an on-demand Legal as a Service offering at a suitable flat rate. All sides benefit from this.

You sign a contract with us for the use of PACTA Platform and receive a discount of up to 85% on our list prices for three years. In addition, you mandate one of our premium partner law firms at reasonable flat rates in order to gain access to their "premium forms" and many other digital legal services.

4

Optimising your contract negotiations

Currently you coordinate with your clients, colleagues and investors by endless email strings, hundreds of comments and edit Word documents in mark-up mode and circulation.

In the PACTA Collaboration Room, you negotiate and edit your documents together with all parties in real time. This halves both the number of steps you need to take in negotiations and the time you need to spend coordinating with others.

In addition, PACTA records all editing processes, approvals and signatures in an audit-proof manner and makes them available to you in a complete audit trail.

5

Sustainability and cost saving

Concluding contracts by handwritten signatures, mailing, and returning paper documents is not only time-consuming, but also resource-intensive.

With PACTA Signature, you digitally sign your documents within seconds instead of waiting an average of two weeks for a contract to be returned. Protect the environment and save costs.
For example, a medium-sized company would save an average of almost 300,000 pages of paper, 4.3 tons of wood and 1.5 tons of CO2 per year.

Contract Lifecycle Management

Process Automation

PACTA Workflows

1

Automated Document Drafting

PACTA Forms

2

Cloud Storage & Organisation

PACTA Cloud

3

Collaboration & Negotiation

PACTA Collaboration Room

4

Approval & Signatures

PACTA Signatures

5

Monitoring & Reporting

PACTA Analytics

6

Compliance & Updating

PACTA Clause Database

BEST PRACTICE

Streamline your legal processes from drafting start-up documents and initial client contracts to negotiating funding rounds and managing the term and termination of your employment contracts. For example, your new PACTA workflow for hiring employees with an employee stock option plan (ESOP) could look like this:

1

Automated drafts of an individualised labour contract including ESOP and NDA via mouse click

2

Automated storage and access management of documents in the PACTA Cloud

3

Automated notification of all founders via email or ping on PACTA

4

Approval of the contracts by all founders and managing directors by mouse click

5

If required, automated sharing of contracts with the employee or law firm and final fine-tuning in real time in the PACTA collaboration room

6

Electronic signature of the contracts by both sides

7

Storage of all legally compliant documents for the next due diligence in the document management system of the PACTA Cloud

8

Automated data analysis by Themis (AI) and monitoring of the most important contract parameters in tabular listing

9

Automated reminder of the end of the term or notice of termination deadline of the employment

10

Legal monitoring and compliance of your documents and clauses by our premium partner law firms in the PACTA clause database

Our early-stage discount in the first year of the contract:

85 % up to 20 employees

50% up to 50 employees

5 PACTA signatures per month

FAQ

What exactly is meant by document automation?

Michael Czapla

Senior Sales Professional

With PACTA, you can automate more than just the creation of contracts. Rather, with PACTA you can automate all your legal operations holistically. From upload to draft, approval, signature, data extraction and deadline management - with PACTA you automate the entire lifecycle of legal documents.

How does document analysis work?

Arthur Gogohia

Data Scientist

For our automated extraction of relevant information from documents, we rely on state-of-the-art deep learning architectures. In the first step, a specially trained neural network recognizes important parts within a document. In the second step, our algorithms process this information into insightful findings. In the third step, the data is sorted and clearly presented on the platform.

How does automatic text recognition work for documents?

Jeffry Cacho

Data Scientist

We achieve automated extraction of text from scans in two steps. First we use image processing algorithms to optimize the quality of the scans. Our customized deep learning model then detects existing text in the image with pixel precision and converts it into digital text. This makes scans searchable and eliminates the need to manually type out the text.