Industries, where the use of standard form contracts is firmly entrenched, are in a better position to automate.
Legal teams that are used to the drudgery of manually creating slight variations of the same documents are primed for improvement and find it easy to evidence the benefits that automation brings.
A prime example of one such industry is construction. Standard form contracts are used in great quantity across the industry around the world. This makes construction an industry where the change in culture has historically been slow but where results can be seen very quickly! Whilst previously legal teams have often been concerned with the potential loss of specialist knowledge, particularly that of contracting processes, increasingly we are seeing these teams evolving to use technology and process automation to free their time for real value-add work.
If you are interested in specific examples or hearing more feel free to get in touch.
Increasingly we are seeing the new generation of in house teams using technology and process automation to free their time for real value add work