When to start with automation of legal documents?
Given the pace of technological development in the legal industry, one may rightfully think that adoption of advanced tech solutions by a firm is a must. There are various software that help law firms gain on efficiencies and thus on competitiveness on the congested legal market.
Adoption of a software requires a strategic decision that is not only about the money. Advanced tech solutions significantly contribute to the cost and time savings, but firms need to invest considerable amount of time and energy to adopt them properly. To a certain extent, this is also true for adoption of document automation software. As previously described , the process normally requires setting up libraries of standardized legal templates and establishing teams for document automation.
Firms that are at the early stage of their business journey may wonder if they are mature enough, in organizational and financial terms, to support this type of project. However, the question is somewhat misplaced because if they are not capable for a change, competitors will leave them behind.
The Draftomat team motivates firms to take gradual approach to document automation. We offer free automation of any three templates from the client's library. We encourage firms to give us standardized templates which they use most frequently in their practice. That way, the lawyers in the firm will be able to reap real benefits of automation at a minimum cost, without investing considerable time or energy. Furthermore, this first-hand experience of producing documents from automated templates will enable lawyers to better understand in what other areas of their practice may benefit from automation.
With time, the firm will identify the next set of templates that should be automated. Draftomat team will analyse the template(s) and make an offer for the automation. This is a one-time cost for the firm because, once automated, the template(s) will only need to be only maintained in accordance with legislation and legal and commercial practice.
This approach is beneficial for the firms that have limited resources but desperately need to get rid of repetitive work. Firms that, for instance, frequently produce a large number of similar lease agreements, lawsuits, employment agreements or motions for enforcement can significantly reduce repetitive work by automating some of those templates. With the support of Draftomat team, automation of such templates can be performed in a matter of days or even hours, at an affordable cost.