Still Drafting NDAs the Old-Fashioned Way?
Demands from the business for NDAs, contracts, agreements, and other routine but necessary documents are never-ending. Vital work, to be sure, but nonetheless routine work. Work that doesn’t require significant legal expertise, yet when done manually, it exposes the business to greater risk and reduces time that could be spent on higher-value legal services.
But drafting routine documents doesn’t have to be done manually. That’s a job best accomplished by document automation.
Here are five ways your law department would benefit from automating NDAs and other documents:
Reduces Risk, Saves Time
Manual document drafting also requires manual intervention for quality assurance. Even so, to err is human and errors can occur in your documents. And errors mean increased risk.
By automating the document drafting process, the law department can produce a high volume of documents that always use exactly the correct language, reducing risk and saving time.
As your law department continues to do more with less, driving efficiencies become even more critical to your department’s success. But manual document drafting is anything but efficient, creating bottlenecks in the process, impeding responsiveness and wasting time that could be spent on higher value work.
Document drafting automation, however, reduces bottlenecks and frees up time, driving efficiency.
Streamlines the process
Automating your document creation is just the first step in streamlining the process. Most document creation automation technology also allows you to manage documents, use electronic signatures, and automate workflow, further streamlining the document creation process
No coding needed
Most document automation technology allows you to customize templates that comply with internal rules, standards and language governing document drafting. Attorneys don’t need to become coders to benefit from document drafting automation.
Document drafting automation allows in-house counsel to customize templates with standard contract language and streamline the approval process. The end result is a document more likely to make a compliance officer happy.