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Blog
Draftomat Logs: News, Notes & Highlights
Key prep steps for document automation
Law firms are generally weary of legaltech. They tend to see adoption of new technology as a disruption. However, it does not have to be like that. To overcome the challenges of document automation, law firms should follow the two key recommendations.
Integration of document automation with other software
Document automation brings various benefits to law firms and legal departments, most important ones being cost cutting, time saving and eliminating errors when drafting. The benefits are even greater when document automation integrates with other software the firm uses.
Automation as opportunity for innovation
Law firms in the CEE region that decide to embrace document automation end up in a win-win situation. With the current state of the market, such firms may reap benefits as innovators by making a low-risk investment given that document automation has been successfully tested and used in the legal market for more than a decade.
New version of Draftomat released!
We have a new version of Draftomat containing a set of important improvements. The novelties are based on users' feedback provided during the first year of Draftomat.
How to identify your law firm’s area of work fit for document automation
Within a law firm, usual suspects for automation are documents in the areas of corporate housekeeping, employment, commercial agreements and data protection. However, each firm should carefully inspect its business to determine where document automation makes sense.
Main concerns with document automation in law firms
Lawyers sceptical of document automation have several questions. The first one concerns efficiency. Lawyers wonder whether they should strive to change a business model where they charge hourly rates while paying fixed salaries to juniors and trainees who are involved in document production processes.
How can lawyers engage clients in document automation?
Once the firm has automated its templates, it can use them not only for producing documents internally, but as an asset with which it can engage with the clients.
Should I use Cloud for document automation?
The stats reveal progress, but the talks we have daily with lawyers in the SEE region, give away general reluctance towards storing data on cloud. As always with innovation, rejection comes from the lack of information.
2021 – year to remember
Our team will always celebrate 2021 as a special year when we introduced Draftomat document automation solution to the legal market in Europe and worldwide. We see this not only as a big milestone for Legaltech solutions, but as big step in placing south-east Europe on the global legal tech scene.
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