Here’s some advice for corporate counsel and their lawyers:
1. Commoditize routine legal transactions. If this weren’t possible, Nolo Press would not be in business. Companies are now using assembly tools to help staff create standard nondisclosure agreements, employment offer letters, leases, etc. Couple that with an electronic signature to make the transaction paperless, and a contract management system that properly stores documents for recordkeeping and you’ve eliminated 90 percent of a legal professional’s time to create the document.
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