Legal document automation insights

Samir Patel, the head of the Document Automation Team at Holland & Knight, describes a few of the many ways that Thomson Reuters® Contract Express has helped them tackle several enormous fixed-fee arrangement projects while increasing profit margins for the firm.

Mark Ford, Chief Knowledge Officer and Sarah Pullin, Director of Global Knowledge Operations, explain how Baker McKenzie have overcome challenges in resourcing, are saving up to 90% in document drafting time and how the sky’s the limit for the future of automation with Contract Express.

"We identified an opportunity for us to do things better, Contract Express gave us the opportunity to re-evaluate the whole system and the impetus to go through the painful process of change."

“Document automation has contributed to the transformative way in which we work at Hogan Lovells. Adoption rates are high, and our return on investment has been validated.”

“Every law firm knows now that clients are increasingly scrutinising what they are doing - it’s positive to show that as a firm we are efficient”.

“Saving time was a huge driver, but it wasn’t just a case of deciding which documents were best to automate based on time savings. We wanted to look to the future, to take apart the steps needed to complete a transaction and identify those that could be removed to make the whole process more efficient.”

“We wanted to imaginatively and smartly meet our clients’ needs by bringing together people, process and technology. Document automation is a key enabling technology to do this”.

"It was about looking at the market place, seeing what people were doing...and realising that document automation was something that as a forward-thinking firm we should be looking at more closely.”

“The benefits are clear. Document automation allows us to quicken the pace at which we produce documents while maintaining quality and mitigating risk.”

"Our document specialists can devote their time to adding more richness and value to the templates rather than managing multiple versions".

"Contract Express, and our ability to tailor it for clients, has become an important part of our presentation of our legal tech capabilities to clients generally."

"The feedback on Contract Express is so positive; one of our partners produced five documents in the time it would have taken him to do one or two in the past, which made all the difference on an urgent job."