Let’s face it; transactions have been around for a very long time. From ancient Roman times (or even before then), people have been buying and selling land, chattels and services in one form or another for the past couple of hundred years. The legal processes surrounding commonplace transactions (like the sale of land for instance) have remained fundamentally the same. Although the process of transactions has remained largely unchanged, the technology available to lawyers has changed immeasurably. Surprisingly however, the fact is that a lot of firms don’t take full advantage of the technology available to them. So let’s have a look at what “transaction technology” are, its benefits, and why firms might be reluctant to take it up.
To all or current Firm Central Users, please note that there is a new version of the Firm Central tool available.
How-to-guide for closing and opening a Matter in Firm Central.
In a tight business environment, any financial losses that can be prevented would obviously be invaluable for all firms wishing to maximise their profits.
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