A Complete Guide To Legal Transaction Management
From organizing company collateral to automating the ‘closing book,’ this software can make a lawyer’s life easier throughout an entire matter.
Legal transactions are complicated.
A simple sale of one company to another can require hundreds of documents, working together in an intricate web to effect a legally binding transfer of ownership.
Unfortunately, these webs of documents are only getting larger and more intricate. And these challenges are compounded by ever-decreasing timelines for deals to get done.
This is where LTM comes in.
Legal transaction management software provides a structured workflow that lets transactional lawyers automate away mundane, error-prone tasks they currently do manually.
Contrary to the recent hype cycle surrounding AI technologies that have failed to deliver sustainable value, LTM software represents a return to the basics of using software to augment human efforts.
Our friends at iManage have watched the space evolve over the last decade. They have channeled all of this experience into preparing this guide.
Download their white paper today and in just a few short pages, you, too, will understand what LTM is, along with how it can simplify transaction management and the closing process.
