Corporate Legal

Law Firms

Vendors and Service Providers

audience

Landscape Article

Evaluation Framework

Requirements Template

Business Case

Competitive Analysis

Pilot Guide

Thought Leadership

Buyers Guide

content type

Explore

Implement

Procure

phase

date

Law Firms - 20-99 lawyers

Law Firms - 100-499 Lawyers

Law Firms - 500+ lawyers

Advertising Law

Bankruptcy and Restructuring

Civil Rights

Conveyancing

Corporate

Criminal Law

Employment

Entertainment and Media

Environment and Energy

Family Law

Finance

Fintech

Funds

Government / Administrative Law

Health Law

Immigration Law

Infrastructure

Intellectual Property

International Arbitration

Investigations

Litigation

Neutral

Personal Injury

Privacy and Cybersecurity

Private Equity

Real Estate

Regulatory

Securities and Capital Markets

Transactional

Wills and Probate

practice area

Arabic

Bulgarian

Chinese

Configurable

Croatian

Czech

Danish

Dutch

English

Estonian

Finnish

Flemish

French

German

Greek

Hebrew

Hungarian

Icelandic

Indonesian

Italian

Japanese

Korean

Latvian

Lithuanian

Malay

Maltese

Norwegian

Polish

Portuguese

Romanian

Russian

Serbian

Spanish

Swedish

Tagalog

Thai

Turkish

Vietnamese

language

On Prem

Web App

Private Cloud

Cloud

deployment

Blockchain

GPT / LLM

Interoperability

Law Firm Product

Low Code

Open Source

Word Plug-In

attribute

Africa

Asia

Europe

Global

Latin America

Middle East

North America

Pacific

West Indies

regions served

Algeria

Argentina

Armenia

Australia

Austria

Belgium

Brazil

Bulgaria

Canada

Chile

China

Colombia

Cyprus

Czech Republic

Denmark

Egypt

Estonia

Finland

France

Germany

Greece

Guatemala

Hong Kong

Hungary

India

Ireland

Israel

Italy

Japan

Kenya

Lithuania

Luxembourg

Malaysia

Malta

Mexico

Mongolia

Mozambique

Netherlands

New Zealand

Norway

Peru

Philippines

Poland

Portugal

Romania

Russia

Serbia

Sierra Leone

Singapore

Slovakia

South Africa

South Korea

Spain

Sri Lanka

Sweden

Switzerland

Taiwan

Trinidad & Tobago

Tunisia

Turkey

Ukraine

Uruguay

Yemen

Smart drafting, also known as intelligent document automation, has transformed the legal landscape by leveraging technology to streamline and enhance the drafting process. Smart drafting platforms employ machine learning algorithms to analyze existing legal documents, identify patterns and clauses, and generate customized drafts.&nbsp;

LTH Expert

Smart Drafting

Documents are central to a lawyer's work. There are many types of document-related applications that support lawyers, including document automation, drafting tools that ensure consistency of citation, expression, or tables of contents, comparison software to compare versions of documents, and many others. This category includes a number of long established companies like Hotdocs but also companies (like Litera) that are consolidating the market in certain segments. Legaltech Hub has included eSignatures in this category as well as Document Management.

Documents

PDF Editors allow users to read and modify the contents of a PDF document. They generally provide functions such as editing text, changing page layout, and splitting or combining files. They also often include OCR (Optical Character Recognition) capabilities. Some of the newer PDF editors such as Macro also allow for more intuitive reading of PDFs by breaking them down into sections and allowing users to jump from one section to the next, even on mobile.

PDF Editor

eSignatures or electronic signatures are a legally binding way to sign electronic documents as opposed to "wet ink" signatures. This category also includes on-line notarization software. Legaltech Hub does not include in this category broader products where one feature of the product is digital execution. Companies in this space include Docusign and Adobe Sign.

eSignatures and Notarization

Co-authoring allows several users to access and edit documents simultaneously. Google Docs is the leader. However, many law firms block access to Google Docs due to security concerns. Scribestar was developed specifically for co-authoring of capital markets documents.

Co-Authoring

Comparison software compares two versions of a document and redlines the versions to highlight differences. Litera Workshare Compare and NOVO Compare are examples.

Compare

Software in this category organizes defined terms and enables users to identify errors made in defined terms. Oftentimes this functionality is part of other programs that check for more anomalies in documents, such as Litera Contract Companion. Other providers include LexDye Definition Tracker and Define.

Defined Terms

Drafting Tools assist users in drafting better documents. Specifically excluded are document automation tools as that is a category of its own. Functionality covered by solutions in this category include identification and resolution of grammatical and substantive errors and inconsistencies, finding connections and important information in documents, citation checkin, creating, automating and managing Styles within Microsoft Word. Litera Clause Companion, Docstyle, Citeright, and Litera Best Authority are among the products in the category.

Drafting Tools

Many discrete tools have been developed that improve the efficacy of document management systems by integrating with those broader solutions to solve specific problems. Examples include tools like SeeUnity that provide an integration layer between iManage DMS and SharePoint, or iManage DMS and Teams, so that changes made to a document in one system are replicated in another. These tools are add-ons and sold separately from document management systems.

Document Management Add-On

Document automation software helps a lawyer draft documents faster and more consistently. There are two types: 1. Q&amp;A based where a user answers a series of questions (e.g., when drafting an employment agreement: name of employee, salary, non-compete yes or no and if yes for how long, place of work etc.) and the system inserts the answers into a template creating a complete document ready for signature. The industry standards for this are Contract Express and Hotdocs. Successful new entrants in the space include Avokka and Clarilis. 2. Clause-based document assembly: by selecting clauses, the user builds a document to their needs. Clausebase and Draftwise are examples.

Document Automation

Document management software helps users store and organize their organisation's documents. Important features include versioning, file sharing and access control. Typically document management solutions have been on-premise only but increasingly providers are moving their solutions to the cloud. In organizations that implement this software the document management system is the central repository of all client-matter related documents. Companies in this space include iManage, NetDocuments and Opentext. Many organizations also use Microsoft SharePoint.

Document Management