The entrepreneur and innovator behind this groundbreaking legal tech product is Nicolene Schoeman-Louw.
Nicolene is the Founder and Managing Director of SchoemanLaw Inc in Cape Town, South Africa. She holds an LLB degree cum laude, LLM from the University of the Free State and a postgraduate diploma in financial planning (CFP) from the University of Stellenbosch. She is an admitted Attorney of the High Court of South Africa, Conveyancer, Notary Public and Mediator with a passion for entrepreneurs and helping them reach their most ambitious goals.
Nicolene and the team at SchoemanLaw Inc created all the Contracts and continue to maintain the Contracts offered by Contracts4Biz.
Nicolene also co-founded PocketAdvisor, an online learning tool for entrepreneurs, which fully integrates Contracts4Biz.
Contracts4Biz was accelerated by the Hiil Innovating Justice Challenge in 2020.
Contracts4Biz was conceived from the imperative to address the high rates of business failure contributing to inequality as well as poverty in South Africa.
Over 70% of businesses fail in their first year. The primary recorded reasons are lack of access to funding and markets. However, these are symptoms of an underlying cause, the high cost of legal services, lack of legal structure and compliance required to unlock opportunities. Before the launch of Contracts4Biz, entrepreneurs had less than a 30% chance of succeeding.
Now every entrepreneur can access top legal tools and Contracts needed to succeed.
The Platform aims to address this crucial need by making top contracts available to anyone at prices they can afford. The Platform helps you effectively manage individual needs, such as drafting your will. Managing crucial relationships in business, including employment relationships and contractors. And stakeholder relationships in the entrepreneurial ecosystem, such as clients, debtors, shareholders, directors and joint ventures.
Our Users also have access to personalised support from top legal experts, at preferential rates in regard to:
- contract review;
- an update or amendment;
- any unforeseen legal incident occurring.
It is not just a platform, we believe successful businesses improve lives. Our dashboard is a window of access to a legal support structure aimed at helping you succeed!