Elevate Your Legal Firm with High-Quality Documents using Litera Contract Companion

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Fun fact:

Over 65% of legal professionals are under so much time pressure that more than one in three admits to skipping essential proofreading tasks.

The legal profession is highly demanding and legal professionals are super busy. When lawyers are under pressure to increase billable hours and increase revenues, they don’t have extra time to spare – especially to proofread documents! However, skipping document proofreading can be very risky and costly for the legal firm.

What could happen if you skip proofreading your legal documents?

For one, you may overlook mistakes in the document.

Second, incorrect information may get included.

And most seriously, such errors could have serious repercussions for your company. These repercussions may be financial or legal. You may be fined or penalised by a regulatory body. You may lose customers’ trust. You may even lose the customers themselves!

However, there is a way to speed up proofreading and create error-free documents.

Try Contract Companion from Litera Microsystems!

What is Contract Companion?

Contract Companion is an AI-based software that helps legal professionals quickly identify mistakes in documents – in real time!

With a single click, you can assess the accuracy of your documents, and instantly see items that need attention. You can also review flagged items that are otherwise hard to see, to ensure full document validity, accuracy, consistency and clarity.

If there are errors in the document, Contract Companion fixes them faster than you would be able to do manually at the last minute. The software will automatically edit out common inaccuracies like numbering and cross-references. It will even remedy common mistakes that are easily missed, like unpaired quotation marks, spacing variations, inconsistent numbering, phrases, and case-specific information.

Clean, error-free documents without any hassle, misses or delays!

Why Your Legal Firm Needs Litera Contract  Companion

Contract Companion allows you to complete more precise reviews faster – something that’s impossible to achieve manually. Spend less time on document drafting and edits, and more time working with clients! You can also focus on more high-value work, offer more tailored services, and build up your firm’s reputation, all of which contribute to your company’s long-term growth and success.

Key features of Contract Companion that make it a must-have in legal document workflows

  • Analyze: Quickly assess the legal health of documents
  • Active Drafting: Issues will be flagged where the curser lies in the document, so you can correct items as you go
  • Defined Terms, Cross-references, and Citations: Easily review flagged items to ensure document validity, consistency, accuracy and clarity
  • Edit Mistakes: Fix mistakes like unpaired quotation marks, spacing variations, inconsistent numbering, phrases, etc.

Form vs Function in Proofreading with Litera Contract Companion

With Contract Companion, you can easily see both the form and function in each document, and make changes as required.

FormFunction
Consistent use of definition stylingConsistent use of definitions
Consistent sentence spacingDefined term issues
Placeholder formattingCorrect and consistent cross references
Quotation mark formattingCorrect numerical amounts

Contract Companion also takes care of:

  • Document numbering schemes
  • Automated cross references
  • Items marked as incomplete

All the above can be potentially problematic in legal issues, which can affect the way your audience reads, interprets and understands the document. Contract Companion takes care of all these issues before they become big problems, so you get clean, error-free documents every single time.

Contract Companion is Designed for Legal Users

For legal firms and professionals, a finished work product is a multi-person process that also involves different workflows, circumstances and working styles. But at the end of the day, the work product is an essential part of the firm’s brand, so it has to be error-free, legally valid, and consistent in style, form and function.

With Contract Companion, all your documents will be of high legal and stylistic quality. Get both your form and function right, so your documents look exactly the way you need them to.

Try Litera Contract Companion today!

3 Responses

  1. The integration of Litera Contract Companion with Microsoft Word is a significant advantage for legal professionals. The ability to leverage powerful features, such as automatic numbering, table of contents generation, and clause library management, enhances document standardization and reduces the risk of errors. It’s great to see how technology can simplify and streamline complex tasks in the legal field.

  2. this article effectively showcases how Litera Contract Companion can benefit legal firms in creating high-quality documents. By combining powerful features, collaboration capabilities, and advanced security measures, it is evident that Litera Contract Companion is a valuable tool for enhancing document production efficiency and maintaining document integrity within the legal profession.

  3. This article provides valuable insights into how Litera Contract Companion can help legal firms produce high-quality documents. The emphasis on accuracy, consistency, and efficiency in the document drafting and review process is commendable.

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