Legatics is a legal project management platform that simplifies and automates legal processes – reducing admin tasks, and encouraging visibility and easy collaboration.
Legatics was designed to tackle the obstacles that slow down the progress of legal transactions. It is a collaborative, dynamic workspace where transaction parties can see and upload key documents, keep track of their status, receive notifications of actions assigned to them, and communicate in real time. The software speaks the same language as lawyers and accurately captures the nuanced ways in which legal transactions are run. It also acts as a single source of truth, mitigating risk by keeping everything in one place.
Unique differentiators/features
Allow teams to deliver more: The platform’s core features optimise and automate key transaction processes, dramatically reducing the time junior lawyers need to spend on administrative tasks. For example, with the legal text import tool, a junior lawyer can create a checklist for managing conditions precedent in a few clicks. This has led to resourcing savings of up to 75% on complex transactions run by leading international firms.
Close faster: Legatics’ system of automated workflows cuts out dead time in transactions, enabling approvals to be obtained quicker and deals to close sooner. Use of Legatics eliminates the need for time consuming all-parties calls and has resulted in major, award winning deals reaching financial close in half the projected time.
Accurately captures legal practice: The Legatics team is packed with former transactional lawyers who have spent thousands of hours ensuring that the software captures the nuances of legal transactions. At Legatics, we realise that it’s one thing to create useful legal technology and another for lawyers to actually use it. Our detailed understanding of how lawyers work and the translation of that into our processes and UI has meant that Legatics sees great adoption rates within firms.
Target Market:
Legal industry
iManage Solution:
Cloud and on premises
