Avainsana: contracting

Episode 53: Creating Start-Up Culture for the Legal Industry with Nils-Erik Jansson

Nils-Erik Jansson.

This episode starts our season 5! What a ride it has been so far and the good times will continue as we have planned a tremendous fifth season for you, dear listeners.

In this episode, we meet with a serial entrepreneur and a lawyer Nils-Erik Jansson to talk about start-up culture in the legal industry. Nils-Erik has a vast experience of entrepreneurship in the legal industry.  Currently, he’s changing legal industryt at Precisely, the user-friendly platform for enterprise contract management. He founded the company in 2014 and with his team, is on a mission to set a new standard for digital contracting.

Quite often lawyers are risk aversive and not that many wants a career outside of the traditional way of lawyering. Nils-Erik, however, has made career choices and has been changing the legal industry since 2009. There’s a lot of peer support for those of us, who (against their parents’ wishes) decided to become legal tech managers instead of respectable judges. So if you are struggling with your career choices, this one is definitely for you! 

Nils-Erik  tells the story behind Precisely, and his experiences from start-up life in the legal sector. We all know that living a start-up life isn’t  about fancy beanbag chairs, pingpong games and microbrewery ales but it’s very hard work and tolerating the unknown. And as Nils-Erik has lived the legal start-up life for quite a few times, who would be better than him to share some thoughts on building a company and leading a legal career outside the traditional law. We also talk about what does it take to grow a legal business from start-up phase into the growth phase and beyond and why there should be more lawyers as entrepreneurs.

Such an inspiring episode to start the new season with, we do hope that you enjoy this as much as us!

Nils-Erik Jansson is a lawyer and serial entrepreneur from Gothenburg, Sweden, who founded Jansson & Norin, Sweden’s first NewLaw firm, which was exited to Fondia Oy in 2017. With 15 years of experience practicing business and contract law, he saw his industry peers struggling with the repetitive admin work associated with contracts thus founded Precisely in 2014. For the last six years, with the Precisely team, he has been on a mission to set a new standard for digital contracting.

This episode is sponsored by Precisely – the user-friendly platform for enterprise contract management. Precisely has a special offer for our listeners! Check it out: Free contracting assessment – Precisely (preciselycontracts.com)

Episode 46: Designing Contracts without Lawyers with Milva Finnegan and Anna Hurmerinta-Haanpää

Milva Finnegan and Anna Hurmerinta-Haanpää

In this episode we concentrate on contracts and how to make them more functional. We are joined by Milva Finnegan and Anna Hurmerinta-Haanpää who both have completed their doctoral dissertations on contract design.

Milva and Anna talk about the transition from understanding contracts as mere legal risk management tools to instruments of communication, and how to design user-friendly contracts that are fit for purpose. Our guests help us understand better the status quo in contracting. We talk about why so many contracts (still today) are mostly about managing legal risks, and therefore full of legal jargon. Contracts are typically understood as some sort of “weapons” or “risk management tools” that should try to safeguard the interests of contracting parties. However, in this episode we learn what other purposes there are for contracts.

We dive deep and talk about whether lawyers really understand the full potential of contracting, or did we just stop caring at some point. And what if lawyers weren’t the ones to design contracts and what special skills different professionals can bring to the contract design process?

Milva Finnegan, PhD, recently completed her doctorate degree in Economics in business law at the University of Vaasa in Finland. Her research focuses on merging contract law and contract design to produce simplified and usable contracts that all users can understand. She recently joined KPMG US as the director of the Client Contract Value Center. Prior to KPMG Milva ran a contracts consulting company, Karhu, LLC, for 10 years. Her company worked with clients implementing contract management best practices, integrating electronic Contract Lifecycle Management (CLM) systems, and taught workshops on how to redesign and simplify contract documents. Prior to starting her own company Milva worked at The Boeing Company over 12 years in both contracts and finance disciplines on various multi-million-dollar plus government and commercial programs.

Anna Hurmerinta-Haanpää is a University Lecturer at the University of Lapland, Faculty of Law. She defended her doctoral dissertation on the functions of contracts in interorganizational relationships in spring 2021. At the moment her research interests include collaborative, responsible and sustainable contracting. Besides her research, she is eager to develop legal education.

This episode is brought to you by Precisely – the CLM platform setting a new standard for digital contracting. For more information, go to preciselycontractsl.com/ldp.