Banking and finance precedents are an ideal fit for deep automation

The more complex the matter, the greater the impact of deep automation.

Clarilis has been automating complex suites of Banking and Finance documents for years, including security packs, legal opinions and facility agreements of all types.

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. 

Automate your firms' own precedents to achieve an exceptionally customised document suite

We automate your own precedents, such as legal opinions, security documents and corporate authorisations, all of which are ideal candidates for deep automation. Legal opinions by their very nature have hundreds of permutations of logic. They need to be automated within in a structured framework with guidance and risk control at its heart. This makes opinions the perfect candidate for automation, but the complexity involved means this is rarely achieved to any meaningful extent with traditional automation toolkits.

With Clarilis' on rails drafting experience, there’s simply less margin for human error.

Clarilis PSLs review your existing precedents, drafting notes and guidance and will work with you to design an automation that gathers, stores and categorise all of the key transaction data you need to generate the required suite of documents. This ensures significant time savings and greater accuracy which, in turn, facilitates delegation while mitigating risk and reducing expensive partner review time. 

There’s a long-term business benefit to complex automation if it’s maintained and enhanced by iteration over time. This is another highly valued aspect of the Clarilis PSL-led managed service.

Give people time back to do what they do best

A certain amount of drafting work is critical to a lawyer's development, including to hone their attention to detail.

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.