Smart Forms and Precedents
I want it yesterday at a fixed price
Sound familiar? Partners in many big firms are feeling the profit squeeze. Your clients want faster turnaround times, fixed fee arrangements, and savings on legal spend. At the same time, they want you to understand and focus on their business goals, without any slip in the quality of your day to day work product. And just for good measure, they want service innovation and better value solutions to their legal and risk management needs.
Nice precedent... what's that clause for?
Good forms, precedents and templates go some way to addressing these challenges. By delegating drafting to junior staff, partners can deliver faster, more cost effective outcomes to their clients. But in the hands of the inexperienced, plain old precedents don't always work: they only tell half the story. Partners and senior lawyers still lose valuable time answering basic questions, reviewing drafts, and making corrections. Where do I find the latest version? Why is this clause in the document? Time is wasted, and embarrassing mistakes are made, because important know-how isn't shared.
We need a smarter precedents solution
So what's the answer? For many firms, the answer is a more intelligent precedents system, which gathers your precedents and clauses in a central place where everyone can find what they need without wading through a sea of confusing examples; captures extra knowledge in each precedent so that junior lawyers and paralegals quickly learn drafting tips and industry best practice, with less drain on partner time; and automates the drafting of common documents for faster turnaround, improved consistency and quality, and more time for high-value, fee-earning work (or more time to get a life).
We need to stand out from the crowd
Internal document automation may solve your immediate need for faster, fixed fee services. But then what? How will you keep your major clients happy over the years to come? How will you respond to their demands for real time online services and innovative risk management solutions? With shrinking legal panels and competitive tendering of legal services, what are you doing to stand out from the crowd? The future profitability of a firm hangs on its ability to keep existing clients happy as their needs and expectations evolve. With this in mind, forward-looking firms are making sure they use future-proof technologies that will allow them to compete as automated, web-based solutions emerge.
The Exari solution
Exari is specially designed for large law firms. It is both an intelligent precedents system and a platform for online delivery of DIY documents direct to clients. We give you the tools to create smart precedents, clause libraries and packages of documents, so that more of what you know can be shared and re-used. We make sure that knowledge is quick and easy to find in a central web-based repository. And we help you to automate document creation, using an intelligent "interview" process to ensure a fast, consistent outcome every time. Plus, we do all this in a future-proof XML format, giving you the flexibility to produce perfectly styled documents in Word/RTF or PDF, and the ideal platform for online innovation.
Happy clients, more profit
The benefits will be quick and clear. Faster turnaround, improved business focus, and consistent, error-free documents will help to make your client relationships closer and stronger. Improved productivity will allow you to offer fixed fee services with better margins, for improved profitability. And more effective knowledge sharing will help junior staff to learn more quickly, saving time and cost on training. If you'd like to know more about the return on investment, ask about our law firm ROI calculator. With some basic information on your users, your documents, drafting times, and so on, we can quickly estimate the value of an Exari rollout to your firm.
