12th February 2003
DealBuilder clocks up trio of major projects - Legal Technology Insider
Over the past couple of years we have seen a steady stream of new arrivals lay out their wares and set out their plans to steal HotDocs' crown as the market leader in the legal document assembly and automation sector but to date the only one to have provided a serious and sustained threat is Business Integrity (020 7814 6886) with its DealBuilder system.
Firms already using the system include Baker & McKenzie and Linklaters however last week saw three more major users emerge. The largest is Clifford Chance, which has spent the last 18 months investigating the benefits of document automating and evaluating the different technologies capable of delivering those benefits, including HotDocs and GhostFill.
Richard Newton of Business Integrity said the tests Clifford Chance set were more stringent and demanding than he had encountered at any other form, so he was more than happy to hear the firm's chief information officer Paul Greenwood report that "DealBuilder emerged as the only technology capable of meeting our exacting standards. It will add significant new dimensions to the service we offer out clients."
Next up is Nabarro Nathanson, which has announced plans to launch a document assembly pilot using DealBuilder in three practice areas, namely corporate, property and construction.
The third and final firm is Ashurst Morris Crisp and while a formal announcement has yet to be made, an item in last week's The Times disclosed that AMC was using it and, according to the firm's legal development partner Jeremy Thomas, already enjoying an "80 to 90 percent" reduction in drafting times.
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