Intelligent drafting for the Irish legal market

Automated M&A Document Suite for Ireland

This off-the-shelf automated document suite combines Clarilis’ leading drafting automation platform with FromCounsel’s best in-class legal documents and knowledge and specially adapted for the Irish market in collaboration with Arthur Cox.

The solution provides a fast, efficient and risk-mitigated way of producing an extensive and sophisticated suite of documents on a wide range of share sale and purchase transactions.

• Draft SPAs and all ancillaries in under two hours
• Available off-the-shelf, with no implementation required
• Benefit from time savings of c.12-14 hours per M&A transaction

The banking market in Ireland is changing

"A lot of the new alternative lenders that have come into the market don't have the same bureaucracy as larger banks would have, so their selling point is agility. They can turn around documents quickly. Clarilis provides that agility, that will help you kickstart the deal."

Banking and Finance Automations

Clarilis 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. Clarilis has been automating complex suites of banking and finance documents for years, including facilities agreements of all types, security packs, legal opinions, and intercreditor agreements.

Our extensive experience includes automating your firm’s custom content and precedents as well as our PSLs introducing additional optionality, where required, to your firm’s precedents – for example, 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
• Intercreditor Agreements
• Developing Markets Facilities Agreements

* 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 do the benefits of LegalTech help law firms internally?

"Implementing LegalTech can not only help you save time, mitigate risk and achieve consistency resources; it will also put your staff at the centre of what you're doing, and benefit their work-life balance."

How does Clarilis affect your margins?

"For banking, automation is key. Without automation, you could be spending a week on a credit agreement, increasing hours of work that could be focused on a different task."

How does Clarilis help with the challenge of fixed fees?

“With Clarilis automation lawyers' time is freed up at every level; both at partner level because the reviewing is easier, and at senior associate and associate level because the drafting time is reduced. So, they have more time to do more work that has greater impact on the transaction, greater impact on the clients, and you get a more efficient delivery, better turn around time, and a better consistency, I would say in the product as well.”