Osler Hoskin and Harcourt LLP is a leading Canadian law firm with over 400 lawyers spread across six offices.
Its new closing team selected Closing Folders to automate and ease closing processes, enabling the firm to be more effective in how it handles transactions. It used Closing Folders to run over 300 legal transactions, generating over 3,000 signing packages and tracking over 15,000 document versions in the first year after implementing the solution.
Challenge
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Needed to leverage technology to create a more efficient, standardized process for the entire closing process
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Wanted to be on the leading edge of firms that improve how transactions are conducted
Solution
- iManage Closing Folders was chosen to help the firm get away from using paper to manage a closing
Benefits
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Closing Folders allowed Osler’s lawyers to move away from paper processes to manage a closing
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Multiple teams have been able to collaborate effectively on complex legal transactions
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Closing Folders has enabled Osler to manage more than 15,000 document versions and 3,000 signing packages
