PLC FastDraft

PLC FastDraft has now launched. PLC FastDraft is sets of automated documents that allow you to create advanced first drafts of documents in half the time. With integrated know-how, PLC FastDraft rivals or betters custom solutions developed for the largest firms, improving quality and helping law firms and legal departments to control costs. The following PLC FastDraft modules are currently available: Corporate Asset purchases Share purchases Share buybacks Property Leasehold Management Leases Sale of land A number of new PLC FastDraft modules will be added in the year following launch - see PLC FastDraft new content pipeline. "It has reduced the time we spend on the main documents by around 70% (this is largely fee-earner time that is saved). The time saving for producing the ancillary documents is even greater. It also reduces the risk of error. Our lawyers can concentrate on adding their experience, not just assembling documents, ultimately improving profitability. PLC FastDraft provides significant benefits. The ability to produce advanced first drafts of all transactional documents quickly is a huge advantage." Nicholas Fielden, Head of Corporate, Cobbetts "The whole process of managing information across the ancillary documents was so much easier. It saved us an enormous amount of time We used the share acquisition module for the first time recently for an important client of ours and found it very effective. We have since used it again with the same outcome. One of the clients in question is a software developer and they were delighted by the outcome. It reduced costs for our client and allowed us to focus on adding value where it really mattered. I am confident that PLC FastDraft will enable us to work more efficiently, while improving the service to our clients." Phil Riman, Partner, Head of Corporate, Technology & Finance, Darbys If you would like to know more information on PLC FastDraft, please call +44 207202 1220 or email info@practicallaw.com.