NetDocuments, the leading secure cloud-based content services platform for law firms, corporate legal teams and compliance departments, announced today, it acquired Closing Room, a deal management application developed by Chapman and Culter LLP to streamline transactional closing processes.
Closing Room, designed for lawyers, by lawyers, has been stamped ‘safe, valued and proven’ and is a strategic addition to the NetDocuments platform. The acquisition serves to extend our company’s rich partner and product eco-system that is solving for the unique challenges of the legal industry.
- Josh Baxter, NetDocuments CEO
La aplicación, que se integrará en la plataforma NetDocuments en la primera mitad de 2019, proporciona una forma intuitiva para que los equipos de negocios coordinen los cierres, automatiza los procesos de cierre manual de la carpeta, elimina la necesidad de salas de cierre físicas y reduce drásticamente el tiempo, costo y esfuerzo de producción de carpetas de cierre para clientes y terceros.
Chapman and Cutler LLP, cliente de NetDocuments, 200 clasificado por Am Law, tiene una gran experiencia en el ámbito de las transacciones financieras y un compromiso de toda la empresa para aprovechar la tecnología de manera inteligente para mejorar la prestación de servicios legales.
Closing Room has completely transformed the way our firm manages closings. In the two years since we launched the application, our attorneys and staff have used it on over 5,000 closing sets, providing the firm with significant efficiency gains and cost savings. We built Closing Room to work seamlessly with NetDocuments, and we’re thrilled to partner with them to deliver this proven technology to the broader legal market.
- Eric Wood, Practice Innovations and Technology Partner at Chapman and Cutler
We are really pleased to offer this product to NetDocuments. We launched our practice innovations group three years ago and today, we have a world-class innovations team capable of designing and building market-ready software. NetDocuments provides a wonderful platform to deploy the application to other firms, and we look forward to future opportunities to collaborate on products that can benefit the entire legal industry.- Tim Mohan, Chief Executive Partner at Chapman and Cutler
El anuncio de la adquisición se realizó en la cumbre anual de clientes y socios de NetDocuments ndElevate en Park City, Utah.
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