The future of legal documentation: 5 ways Zegal is leading the charge
By Tom Odlin, Updated: 2023-10-23 (published on 2023-04-05)
The legal industry has long been considered resistant to change, with traditional methods dominating how legal documentation is created, managed, and executed.
Many law firms and in-house legal teams still use email and Word attachments, which evolved from a world pre-Cloud technology when we could not view documents in real-time. Lawyers had to rely on checking each physical version of a document, often with lawyers marking contracts up by hand and scanning them.
However, rapid technological advancements have paved the way for a new era of legal operations. Zegal is at the forefront of this transformation, developing technologies that allow for live collaboration of legal contracts that get it all done far more quickly and far less painfully.
1: Embracing digital transformation
Zegal recognised the importance of digital transformation in the legal industry as long ago as 2013 and has been developing legal technology for nearly a decade. We developed a cutting-edge contract management platform, incorporating features such as customisable templates, automated workflows, and eSigning capabilities to enable businesses to streamline their legal processes and improve efficiency.
2: Harnessing the power of AI
Artificial intelligence (AI) plays a crucial role in the future of legal documentation. Zegal’s platform leverages AI to simplify contract creation, analyse legal clauses, and provide insights for optimised decision-making.
By fully embracing the potential of AI, Zegal empowers businesses to create contracts with greater accuracy and speed, reducing the risk of errors and saving valuable time.
3: Enhancing collaboration and accessibility
Zegal’s platform promotes seamless collaboration between legal teams, business units, and external parties. Its cloud-based architecture allows business teams to do more with less input from legal, leaving legal teams to get on with what they do best, spending less time on routine contract amendments.
Across the business, teams can access, review, and edit documents from any device, anytime and anywhere. The platform also enables businesses to control access to their contracts, ensuring secure and efficient collaboration with external third parties and tracking comments, reviews and versions in real time.
4: Prioritising data security and compliance
Maintaining data security and compliance is crucial in an increasingly regulated business environment. Zegal’s platform is built on robust security protocols and adheres to strict industry standards, protecting sensitive information.
Additionally, Zegal assists businesses in staying compliant with evolving legal requirements, providing peace of mind and mitigating risks.
5: Continuous innovation for the future
Zegal is committed to continuous innovation, striving to stay ahead of the curve as the legal industry evolves. By listening to customer feedback and incorporating emerging technologies, Zegal continues to refine and expand its platform, ensuring it remains the leading solution for legal documentation and contract management.
Zegal is at the forefront of the legal digital revolution
The future of legal documentation is undoubtedly digital, and Zegal is leading the way with its innovative contract management platform.
By embracing digital transformation, harnessing AI, and prioritising collaboration, security, and compliance, Zegal empowers businesses to navigate the complexities of legal operations with confidence and efficiency.
As the legal landscape continues to evolve, Zegal will remain at the forefront, shaping the future of legal documentation for years to come.