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Legal

Documents are the backbone of the legal profession. If you cannot manage your documents well, it will easily reflect on your practice. Like others in your firm, you must be creating and editing documents everyday. As your practice flourishes, it gets more and more difficult to keep track of what’s changed, who changed it and when.

Documents can be of several types spreadsheets, presentations, PDF files, HTML web pages, and database files. This makes their management complicated which can result in you unintentionally falling short of your ethical responsibility to your clients and others.

Streamlining business processes and increasing productivity are fundamental challenges for law firms. Much of the work in legal firms is document focused and the effective management of documents improves a firm’s profitability. Constant pressure to invoice more hours has reduced cycle times for processing of documents and many firms are now using electronic document management to make the classification, storage and retrieval of documents more efficient. Additionally, email has become a primary method of communication that needs to be managed alongside other documentation.
 

Since the implementation of Sarbanes Oxley Act in the United States, effective records management has become an essential requirement for good corporate governance and financial reporting. Organizations are required by law to retain certain documents for predefined periods. Legal admissibility and evidential weight of electronic documents are other important considerations when implementing a document management system. Digital signature functionality can also provide benefits. Contract negotiations may occur between remote parties - until recently, signatories were either required to meet face to face at signing time or were required to fax contract documents and post the originals.

 

   

Benefits of Document Management in Legal Departments

  • Ensure Sarbanes Oxley Act (US) compliance, good corporate governance & sound financial reporting with effective records management
  • Increase the admissibility & evidential weight of electronic documents - freeze documents to prohibit unauthorized editing & monitor detailed document audit trails
  • Define document alerts to remind yourself and your users of time-based events, including contract expiry, document retention periods & reviews
  • Remotely collaborate with your litigation team, the client, or the opposing counsel to participate in legal processes
  • Ensure secure role or group-based access to case information with a large & scalable document repository
  • Scan, store and perform full text searches on documents with ease
  • Customize your folder classification structure by adopting a customer-centric view, a time period view, or a team based view
  • Customize workflows around your own created document types (contracts, leases etc)
  • Number & reference documents according to your firms unique numbering schema

Case Study - Coming Soon !

   
   
   
 
 

 
 
 
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