How iManage Closing Folders helps streamline complex deal closing processes

In today’s fast-paced legal environment, managing complex transactions efficiently is more critical than ever. During our recent webinar titled “Managing high-volume, complex transactions efficiently with iManage Closing Folders,” Laura Murphy and Lena Fields from iManage showcased the powerful new features and enhancements designed to streamline the deal closing process for legal professionals. Whether you're handling high-volume transactions or coordinating across multiple parties, these Closing Folders product updates are built to reduce risk, save time, and enhance collaboration.

Here are the top takeaways from the session:

A familiar yet powerful deal agenda

The heart of Closing Folders remains its intuitive agenda checklist, designed to mirror traditional formats in Word or Excel. Unlike static documents, however, this dynamic agenda integrates directly with deal documents, tracks signature statuses, and enables real-time collaboration across parties — without the chaos of email chains. With the agenda checklist, you can: 

• Attach documents directly to agenda items
• Control visibility and permissions for internal and external collaborators
• See real-time updates on document and signature status

Enhanced navigation for large transactions

Managing hundreds or thousands of documents? New navigation aids make it easier than ever:

• Quick navigation: Jump to top-level categories instantly
• Expandable/collapsible sections: Focus on what matters most
• 3,000+ item capacity: Built for large, complex deals
• Overview dashboard: Real-time snapshot of deal progress, including signature and action item status

Seamless transaction management with iManage integration

Closing Folders offers deep integration with iManage Work, allowing users to:

• Sync documents and versions seamlessly
• Flag version mismatches automatically
• Preview and promote documents directly from Closing Folders

This ensures a single source of truth and eliminates difficulty with version control.

Smart variables for dynamic document updates

Changing a closing date or interest rate across dozens of documents? With document variables, you can:

• Insert placeholders (e.g., {{ClosingDate}})
• Update values across all documents in seconds
• Eliminate manual edits and reduce errors

Advanced signature management

The signature process has been completely reimagined:

• AI-powered signature detection: Automatically identifies signature pages and signatories
• DocuSign integration: Pre-placed tags, real-time status updates, and QES compliance
• Wet ink support: Generate PDF packets with customizable copy counts
• Approval workflows: Built-in tools to request, track, and audit document approvals

Closing books in minutes, not hours

Creating polished, branded closing books is now faster and more flexible:

• Choose between a single PDF or zip file format
• Customize content based on party permissions
• Include executed documents, Word versions, and action items
• Save directly to iManage Work or share via secure download links

What’s next: roadmap highlights

The webinar also previewed exciting upcoming features:

• Adobe Sign integration
• Expanded closing book use cases (e.g., mid-deal snapshots)
• "Closing Sets": Include both executed PDFs and final Word versions
• Advanced signature block templates
• Deeper iManage integration: Create deals and add files directly from iManage Work

See the new features in action

Closing Folders continues to evolve as a mission-critical solution for transactional legal teams. With its focus on automation, collaboration, and integration, it empowers legal practitioners to close deals faster, with greater accuracy and less stress.

Missed the webinar? You can watch the replay here. If you want to see these features in action, reach out to us and schedule a personalized demo.