10 Reasons Why Contract Express Is Best For Your Law Firm
When was the last time you looked beyond product features to choose which application works best for your firm?
When choosing enterprise software for your law firm, most buyers look at a product demo and take it for a spin. When was the last time you looked beyond product features to determine whether an application such as Contract Express is best for your law firm?
You might know that Contract Express delivers enterprise document automation for global law firms and corporations that need contract drafting, management, and updates for agreements as large as 500 pages or more and as small as 10 pages or less.
Let’s take a look at 10 reasons why your law firm should consider Contract Express beyond mere product features. And when you’re thoroughly convinced this could be the right option for you to learn more, then give Thomson Reuters a shout. We’ll be standing by for that product demo and a test drive.
10 Reasons Why Contract Express Is Best
- 13 Patents and Counting. This has to be our number-one selling feature for Contract Express: 13 patents and counting. This is mind-blowing when you stop and think about the time, effort, investment, and commitment by the software developers behind Contract Express. Not only did they secure one patent to protect the product’s credibility, they secured 13 with more in queue. Knowing there’s a team of developers and patent attorneys behind this product to protect it should bring you peace of mind that this team has its customers at the forefront of product innovation.
- Easier and Quicker Markup Creation. Fewer Programming Hours Needed. It used to be that when a lawyer wanted to draft a contract, he spent an exorbitant amount of time with IT to make it sing. Now, with the functionality of Contract Express and its dynamic engine, lawyers can more easily and quickly draft contracts using markup variables. This is the key feature of Contract Express as a powerful document automation tool. The lawyer’s markup can be sophisticated and complex to accommodate the needs of the customer.
- Practical Law Integration. For law firms with a subscription to Practical Law and Contract Express, users earn a head start in the drafting process. There are upwards of 300 ready-made contract templates in Practical Law U.K. alone that Contract Express subscribers can access. In addition, if you subscribe to Practical Law U.S. or Practical Law Australia, there is a breadth of templates available. Each is produced and maintained by Practical Law’s expert editorial team.
- Trust in Process. Trust in software also means having trust in process. With Contract Express, attorneys are in control with less fear of mistakes, less time needed for updates, more trust in the process, less testing needed, and dramatic cost savings against time spent. When you eliminate the numbers of people needed to handle a contract, that’s more peace of mind for the legal team to trust accuracy in the finished product.
- Use a Questionnaire to Launch a Contract. How many details are needed to draft your contract without errors? For those firms drafting 100+ pages of contracts on a consistent basis, details are cumbersome and critical to get right. That’s why this software uses a patented questionnaire methodology to ensure the contract is drafted properly the first time. You can create approval flows, sign your generated contract, and above all, report on all the processes users use in the end-to-end flow.
- Saving Minutes vs. Hours. No one thinks about time savings with software programs because we all take software for granted. When you use Contract Express, however, you’re saving hours and hours daily by using the automated document assembly, questionnaire, and resulting template that help draft and maintain contracts. Your team is freed up for other billable work.
- Cleaning the Archives. Manual management of old files and archives requires someone in the know about file contents and the client roster. In this newest update of Contract Express, legal teams can schedule deletion of inactive contracts themselves. You can now set client alerts as reminders of expiration dates. This enhances data management and security while eliminating confusion of storing outdated versions of documents.
- New Search Technology. Have you ever hunted and pecked through a contract seeking details or terms? Now, you can use search connectors and target specific terms and phrases to pinpoint the document.
- Solution for Alternative Fee Arrangement. Law firms are always under the gun to reduce fees, especially for active clients with higher demand for legal services. One way law firms can save clients’ billable time is via Contract Express. By giving clients access to a contract drafting portal with its automatic questionnaire and contract drafting template, lawyers are in stand-by mode to help clients on an as-needed basis. Clients can add specific details that get incorporated into the document, and a lawyer can review the end product for accuracy. This creates loyal and grateful clients who can develop their own contracts 24/7 on a self-service basis.
- Win New Business. When isn’t a lawyer seeking new business? The advantage Contract Express provides to lure in and retain new clients is a secret worth knowing. Firms are using this document automation software as a marketing showcase in addition to offering basic documents on websites at no charge.
Contract Express by Thomson Reuters is the premier document automation software preferred by enterprise law firms and global corporations. It is changing the face of document assembly among lawyers and becoming a must-have product for legal teams the world over. Want to know more? As said, we’re available for that demo and a spin. Reach us at www.contractexpress.com.