How Legal Document Automation Can Boost Your Business
Summary
The business of law is rapidly moving away from its reputation as a technology Luddite that clings to slow, inefficient processes, to one that is waking up to the importance of improving speed, efficiency and accuracy. “By automating the process and excluding users from manually manipulating documents, you can dramatically reduce the amount of general risk involved in production and distribution,” he explains. “They want to pay for their lawyer’s expertise, not the drafting of documents.” By using tools that provide better documents faster, law firms gain leverage to retain their clients, earn new ones and increase their competitiveness. With 300 attorneys serving clients in the technology and life-sciences industries, Silicon Valley-headquartered Fenwick & West knew they needed to automate and speed up their document generation process. “That no longer reflects the realities of the marketplace for legal services.” Of course, automation is picking up pace in all industries, as digital transformation takes hold and efficiency, accuracy and compliance becomes a driving force in every area of business.
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