Our first automation of complex facilities agreements was back in 2016 and, since then, we’ve automated a wide range of banking and finance agreements. Watch this video to understand more, and see a brief demonstration of the solution in action.
The Clarilis platform is used extensively to automate banking and finance precedents such as:
- Leveraged Facilities Agreements
- Real Estate Finance Agreements
- Intercreditor Agreements
- Developing Markets Facilities Agreements
and more...
These deep automations are ready for customisation to meet the needs of your firm and the banks and borrowers you act for, and can be combined with your firm’s own precedents.
* Clarilis is a member of the LMA and automates LMA documentation exclusively for and provided by member firms. Clarilis automations are not endorsed by the LMA.
How Clarilis transforms banking and finance teams:
Increasing capacity
Improving margins and reducing write-offs
Supporting remote supervision and mentoring
Enabling lawyers to focus on higher value activities
Alleviating lawyer burn-out
Enabling risk mitigated delegation
Enhancing quality and consistency
Aiding recruitment and retention
The Clarilis approach usually starts with our extensively automated and fully maintained automations which are applied to a firm's LMA* content.
We combine this with additional Clarilis automation and provisions that client firms have requested over time. For example, single facility, different facility types, bilateralisation, single borrower etc.
Alastair Lomax, Restructuring Partner, TLT
At Clarilis we can further customise our automation projects to meet the specific needs of our clients and the banks and borrowers that they are acting for.
* Clarilis is a member of the LMA and automates LMA documentation exclusively for and provided by member firms. Clarilis automations are not endorsed by the LMA.
Download today and read more about how deep automation allows banking and finance lawyers to deal with increased workload and pricing pressures by taking days out of the drafting process, thereby increasing capacity and freeing up time to focus on the parts of the deal that really make a difference.