A lawyer at Troutman Sanders (before this year’s merger with Pepper Hamilton created Troutman Pepper) was working on real estate contracts for a national restaurant chain when he noticed the contracts were complex, yet highly repetitive. Using document automation software, the lawyer was able to automate the contracts and other deal documents.
With the new system, around 50% of the work is completed by software, improving efficiency and ensuring that attorneys are uniformly applying “best practices” language across transactions.
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