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 To manage your transactions effectively, you need
a system that
organizes your team around a shared workspace and provides quick access
to all of the resources they need. Once the work is complete, Tracker
allows you to securely archive your documents and data for quick search
and retrieval at a future date.
Don't reinvent the wheel
Get the most out of your prior work product by allowing law firms to
access forms and other resources in one specialized "form file" matter.
You can also build teams involving multiple law firms and business users
who coordinate on a project or work independently and submit their work
to single matter.
Specialized Features for transactions
Once a matter is underway there are a number of tools designed
specifically for simplifying the process of managing transactions and
deals:
- Fixed Fee Budgeting
Track spending against an approved fixed-fee for
the matter and receive invoice audit alerts if spending exceeds that
amount.
- Form File
Create matters to house the documents that you would like to
share with your firms or business users.
- Deal Room
Invite all parties to a transaction into a secure matter where
documents and data can be shared.
- Track Monetary Impact of Transaction
Solicit estimates of monetary impact (cost or revenue) of a
transaction from your in-house and outside counsel and then compare
it to actual results when the transaction is finalized.
- Task Assignment
Assign tasks to
in-house or outside counsel with email alerts and deadline dates. Then
track task completion using the individual matter calendar or the
master calendar.
CUSTOMER COMMENT
"We wanted a system that would make us
significantly more efficient managing our legal work worldwide.
It needed to be easy to use for our in-house attorneys and
staff, as well as our outside law firms. Instead of paper, we
now have organized online information coming in directly from
our firms, keeping us on top of our legal spending and results."
Steve Rosen
Vice President, Law
Lucent Technologies |
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QUICK FACTSSpecialized Features
• Fixed Fee Budgeting
• Form File
• Deal Room
• Task Assignment |
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