Real estate transactions are document-heavy, with suites of well-developed precedents that are ideal candidates for automation.
In addition to the fully bespoke real estate automations described below, Clarilis also provides off-the-shelf, deep automation based on the Model Commercial Lease (“MCL”) template commercial leases and associated documents.
The Clarilis platform is a perfect match for real estate teams. Clarilis models entire real estate matters in order to draft large suites of documents, rather than automating one document at a time. This highly structured approach has the power to radically reduce the time it takes to draft entire suites of complex documents - typically by 90% on the first draft of the primary agreement and 100% on ancillaries. The time this gives back to lawyers drafting a sale or lease suite for example, has significant impact on both the lawyer and client experience.
Clarilis has developed a market ready automation of the Model Commercial Lease (MCL) suite as an integral component of its wider automation offering to real estate teams. This specific standardisation project focuses on law firms acting for landlords, investors, corporate occupiers as well as generalist real estate practices.
Our lawyer-led team supports law firms acting for landlords, investors, corporate occupiers and also generalist real estate practices. We deliver automated lease suites, sale suites and specific automations focusing on individual client requirements. The combination of experienced Clarilis Professional Support Lawyers (PSLs) and our market-leading intelligent drafting platform, has proved invaluable to lawyers facing competitive and client pressures, especially if in a fixed fee environment. Risk-mitigated delegation, with less margin for human error, has dramatically reduced the amount of time and resource needed to get ahead and stay ahead.
Miri shares her perspective on the dramatic upturn in the use of LegalTech for commercial property transactions as part of our Leadership Mindset Interview Series.
Our matter-based intelligent drafting platform helps law firms improve the speed, accuracy, consistency and cost-effectiveness of document drafting. Clarilis helps law firms improve margins and to gain (and keep) a competitive edge.
Clarilis has many years’ experience of automating sophisticated suites of real estate precedents, for leading firms such as Travers Smith, Shakespeare Martineau, Forsters and Birketts. The Clarilis PSLs, who work closely with our clients, have a wealth of knowledge and expertise from many years in practice – on average our PSLs have more than 15 years' PQE. All communication from scope and design, through to implementation and updates is lawyer-to-lawyer and the whole team utilises its experience from both private practice and previous Clarilis real estate projects to ensure the continued success of your automation project.
Don’t get left behind with manual drafting or small scale automation toolkits. Stay ahead when it comes to anticipating and reacting to market demand.
The pandemic changed the shape of the real estate market as the world stepped away from large offices and city centres/retail parks. The future of retail, for example, does not rest in the hands of the landlords and tenants alone, lawyers have a significant role to play in shaping a sustainable environment that will allow retail to flourish in the years ahead. What is clear is that the pace of change in e-commerce, retail and consumer behaviour is unprecedented and landlords and their tenants cannot afford for their respective businesses to be left behind in the digital stone age.
With more hybrid models for home/office working, landlords and tenants have adapted to shifting demands. Shorter leases are more common and deal volumes are increasing. Heightened timing pressures and shortened turnaround times mean that there is no room for inefficiency. Intelligent drafting can significantly reduce the time spent drafting for example long or short form leases or deeds of variation. Automation also facilitates risk-mitigated delegation to more junior fee earners, freeing hours for senior lawyers to deliver higher-value strategic advice.Book a Demo