Legal technology
Legal transaction management: Your end-to-end solution Streamline the entire deal lifecycle with this Thomson Reuters end-to-end transaction management solution
Transactions are complex. Your workflow doesn’t have to be.
Clients look to firms to provide efficiency and visibility over the entire deal lifecycle and seek strategic partners that can move beyond transactional legal advice. We built our end-to-end transaction management solution with precisely this in mind.
Thomson Reuters Transaction Management
Automate and manage your transactional work from setup and planning to due diligence, closing, and beyond. Maintain a single source of truth across the entire deal lifecycle to provide a superior client experience, reduce costs, mitigate risk, and close deals faster.
Close more deals faster, all in one place
Enhance your legal team's efficiency with improved oversight throughout the entire transactional workflow. Effectively allocate team resources and ensure transparent communication with clients and counterparties. Identify areas of risk promptly and take action effortlessly. Gain complete visibility of deal progress, boost productivity, and review reports seamlessly within a unified experience.
- Reduce administrative burden on legal and innovation teams
- Provide a superior client experience
- Win more transaction business and boost profits
- Mitigate risk and prevent disaggregated deals
Automate the transaction workflow with one unified solution
Advance from multiple, disparate transaction tools to a single, secure platform. Streamline and automate your entire transactional workflow so your legal team can spend less time navigating technology hurdles and more time doing what they do best — practicing law.
- Eliminate the cost and overhead of managing multiple tools
- Reduce risk and errors during the deal cycle
- Speed up document drafting and review with pre-built templates and AI-powered data extraction
- Auto-triage and assign critical tasks and alerts
- Access dashboards and reporting to track projects in real time
- Automate the closing stages of complex transactions
Law firms face significant challenges in transaction management.
The absence of a comprehensive end-to-end solution results in inefficiency, delayed deals, and high operational costs, highlighting the pressing need for transformative solutions in transaction management.
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30%increase in the time to close M&A deals over the last decade
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22%of delays in the due diligence process from Inadequate technology
Source: Gartner; Thomson Reuters Customer Survey, Q3, 2022
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