TeamConnect delivers a one-stop solution for creating, managing, and leveraging contracts throughout the enterprise.
- Wizards create a consistent format for contracts and documents, which become easily accessible and searchable, with links to related matters.
- Each contract is fully integrated into the legal management system, streamlining workflow between legal and other business units.
- Microsoft Office suite integration allows attorneys to work on contracts in MS Word, then tie them seamlessly into matter and document management solutions. The result: version control and an auditable trail of all changes.
- Fully searchable clause libraries makes it easy to reuse proven language and avoid duplicating effort.
- TeamConnect facilitates workflow and notifications around key dates, milestones, and renewals throughout the contract lifestyle.
Lawtrac’s collaborative, easy-to-use contract management solution is ideal for legal staff dealing with a high volume of transactional matters.
- A self-service portal for business users submitting contracts takes collaboration to the next level. Once a contract is submitted, all relevant information is ready for the associated staff attorney.
- Centralized document management makes it easy for attorneys to review and compare prevailing contract language and terms, track previous negotiations and amendments, and access and compare terms of multiple contracts.
- Business users can check for updates, reducing inquiries to the legal team.
- Teams can track key dates and send automated notifications, ensuring time to approve contracts and review renewals – and protecting revenue.