How it all started
In 2004 Anders Perméus, a Swedish lawyer with more than 25 years of experience from IT and contract law as well as from litigation & arbitration, founded the Swedish legal tech company Avtal24/Agreement24 (lexly.se) together with Magnus Stein and Johan Wiberg.
Anders’ father, who was an engineer, wrote an article in the 1970’s with the title “Don’t fear automation”. The article was promoting automation in the industry in order to develop manufacturing, save money and improve the working conditions. This topic was a central subject in discussions between Anders and his father when Anders described his working methods in the law firm. Anders’ father was not impressed by the low degree of automation within the legal industry and was surprised that clients would still pay a fortune to reinvent the wheel time after time.
Avtal24/Agreement24 developed a platform where anyone could create a tailor-made contract for personal matters; e.g. prenup, will, loan agreement, rental agreement etc. A distribution network with banks, insurance companies and trade unions was built up and lawyers were employed to create the modern law firm Avtal24/Agreement24. For Anders, the next step was to challenge the business law and through the German subsidiary, where Anders was the CEO, a pilot agreement was made with the largest German media group – Axel Springer – in order to digitize the company’s agreements. Pactumize was born.
Of course, Anders couldn’t start and manage Pactumize all by himself. The co-founders, Jakob Fireld and Staffan Lindstrand, together with B. Paul Kemmesieß in Berlin, all did invaluable work within their respective competencies. These four, and a group of other qualified people, have taken Pactumize to where we are today – and we have just started.
