BANKING & FINANCE SOLUTIONS
Deep automation for Banking & Finance lawyers
Draft suites of Banking & Finance documents 90% faster.
Significant fee earner time and resource is being wasted on mechanical and routine document creation, particularly when drafting the long and complex documentation required for leveraged and real estate finance transactions.
Banking and Finance documents are an ideal fit for deep automation - the more complex the matter, the greater the impact. Clarilis' deep automations help teams generate first drafts quickly and consistently, without compromising quality, freeing lawyers to focus on the parts of the deal that actually make a difference.
2 hours
Draft a facilities agreement and all ancillaries in under two hours
100+ firms
Law firms around the world trust Clarilis
90%
Faster drafting time
Clarilis is trusted by leading finance teams, including:
WHAT'S INCLUDED
One platform. We will automate all your finance team's documents.
Clarilis has extensive experience in automating complex banking and finance documents, including those based on Loan Market Association (“LMA”) precedents*. This includes automating your firm’s custom content and additional precedents, as well as introducing optionality such as bilateralisation and single facility options.
The Clarilis platform is used extensively to automate banking and finance precedents, such as:
- Leveraged Facilities Agreements
- Real Estate Finance Agreements
- Legal Opinions
- Simplified Lending Facility Agreements
- Developing Markets Facilities Agreements
- Export Finance Credit Agreements
- Intercreditor Agreements
- Security Documents
and more...
In the case of automated suites which include a firm's LMA derived precedents*, Clarilis leverages its extensive experience in automating these documents (including common adaptations requested by firms) to automate and enhance a firm's suite of documents. This includes automating your firm's custom content and additional precedents.
The end result is an exceptionally customised automation with a PSL-led managed service to design, scope, implement, test and update it for you.
OUR BANKING & FINANCE SOLUTIONS
The Clarilis platform is used extensively by UK and European law firms to automate facilities agreements, especially those based on LMA precedents*. We automate the agreements that meet the needs of your firm and the banks and borrowers you act for.
Clarilis' highly structured approach to legal opinion automation ensures quality and consistency, mitigates risk and ensures adherence to firm policy.
If your firm has other banking and finance agreements, we can automate those too, and we will maintain the automation for you.
Clarilis automates APLMA-based facilities agreements, ancillary documents and related legal opinions for law firms in the Asia Pacific region.
What finance teams say:
"Using Clarilis takes a day out of the drafting process for the first draft of a facility agreement... so we can now focus on the parts that actually make the difference to the deal, rather than spending huge amounts of time simply getting to a starting point. But it's also about accuracy – it's about efficiency and risk mitigation. Automated systems don't get tired in the same way that humans do, so when you're working at pace, mistakes are fewer."
Richard Oman, Partner, Banking & Finance
Addleshaw Goddard
“As our banking practice grew and took on more complex deals, we needed a way to accelerate first-draft production without compromising the precision, quality or bespoke character of its work. Clarilis provides peace of mind when drafting facilities agreements, ensuring everyone is drafting based on the most up-to-date template, reducing the risk of discrepancies."
John Connor, Partner and Head of Banking
Womble Bond Dickinson
How does it work?
You complete a dynamic questionnaire. Clarilis produces a comprehensive first draft in Word, together with all relevant ancillary documents. All in your firm’s house style. No templates to configure. No legal engineers required.
With Clarilis' drafting on rails experience, there’s simply less margin for human error.
There’s a long-term business benefit to complex banking document automation if it’s maintained and enhanced by iteration over time. This is another highly valued aspect of the Clarilis PSL-led managed service.
“Newly qualified lawyers considering their choice of firm will question the need to spend hours poring over documents when deep automation can do the same thing in a fraction of the time. This doesn’t impact your training as it is easy to still see how your answers shape a document. The Clarilis system is highly intuitive, and the questionnaires used to generate drafts are easy to interpret due to the close involvement of our Clarilis PSL, who clearly knows the finance documents that we work with inside out.”
Gareth Grand
Senior Associate, Banking and Finance, Burges Salmon
Give people time back to do what they do best
However, when a junior lawyer's day is filled with a disproportionate amount of administrative drafting tasks, they may struggle to devote sufficient time to higher value advisory work.
Clarilis supports and liberates your lawyers, allowing them to focus on what they do best (which is not hours of routine and mechanical drafting changes).
Plus, your PSLs can devote more time to thought leadership and making sure everyone is up-to-date.
Trust in a great tech provider who also invests in experienced PSLs on your behalf, giving your PSLs more time to focus on commercial trends and what's happening in the wider market.
Why do Finance lawyers use Clarilis?
Drastically reduce drafting time - save hours per matter
Create quality first drafts of leveraged and real estate facilities agreements in under two hours - from a single intelligent questionnaire.
Improve margin by working more efficiently
Optimise efficiency, to improve margins on fixed / capped fee work without expanding headcount.
Increase capacity in busy teams
Release senior lawyers to allow them to focus on more profitable activities.
Your firm's content and styling
Draft entire suites of documents from a single questionnaire, including all your firm's wording and 100% conforming to your house style.
Maintain exceptional standards using best-in-class documents
Our experienced team of PSLs builds and maintains the automation, to ensure your lawyers are always using the most up-to-date automated precedents.
Enable delegation in a risk-mitigated environment
Juniors can draft to a Partner standard with extensive rules and guidance built into the automation. The result? High quality first drafts, every time.
Clarilis AI Draft enables lawyers to use generative AI to draft definitions, clauses, schedules and additional documents not covered by the underlying template, so you get a more complete first draft, faster.
Every AI-generated clause is highlighted in your document so you know exactly what to review.
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Relevant: Codified PSL knowledge and matter context ensure highly tailored drafting.
- Visible: All AI-generated content is highlighted and flagged for review.
- Secure: No AI models are trained using your data, with zero data retention.
- Confined: Create additional novel content without changing the logic-generated content.