The business case for document automation has never been stronger. With the ongoing shortfall in the talent market and the increasing pressure to reduce costs, the use of technology solutions to improve business efficiencies is essential to successfully deliver more with less.
Technology in the legal landscape has advanced to support the speed and efficiency required for business continuity, to remain competitive and maintain profits. Clients are expecting greater billing transparency, fixed fee models and strategic business advice, creating the need for firms to automate repetitive tasks and streamline workflows.
“Efficiency within law firms is everything”, with 81% of lawyers surveyed regarded driving more efficient processes as their most valued way of working.
Document automation provides the solution for streamlining matters, client onboarding, contract creation, client self-service document assembly and firm-specific legal precedents, among others. You can quickly create automated workflows that make tedious, manual processes obsolete. Your documents can be filed in the correct place and your time can be billed, automatically.
While many leading firms have already moved to document automation technology, it still bears hesitation from some stakeholders to embrace the necessary change required for growth. Adopting automation is easier than you may think and partnering with the right service provider can help make the transition seamless.
“If you can imagine delivering a fully compliant contract in 82% less time, then you’re probably already using document automation in your work”.Thomson Reuters Customer User Survey
Thomson Reuters’ practical guide, Document Automation Done Right, is an essential read to get you started on your automation journey.
The guide for law firms features:
- Valuable market insights and real user experiences
- Key benefits for lawyers, clients and your business
- A simple step by step roadmap for getting on board with document automation
Access your complimentary guide for law firms via the form on this page.
The guide for legal departments can be accessed here.
If you like this article, you can read about other legal technology solutions such as Contract Lifecycle Management.