Transaction Management

What is Transaction Management?

Transaction management products are used in complex business deals to centralize and manage the negotiation, review and execution of deal documents and generate closing books.

Buyer Resources

Top Products in Transaction Management

Litera Transact

Legal IT Insider

Integreon enters partnership with The Contract Network on ‘one-service-one-price’ gen AI contract offering

Global outsourcer Integreon has entered into partnership with The Contract Network (TCN), which invites all parties to a transaction to collaborate on their platform using generative AI for the drafting, ... Integreon enters partnership with The Contract Network on ‘one-service-one-price’ gen AI contract offering Read More » The post Integreon enters partnership with The Contract...

Caroline Hill - Editor-in-Chief

The Contract Network Raises $8M To Fuel Its Mission To ‘Radically Accelerate’ Contract Negotiations

Last May, I reported here on the emergence out of its stealth development phase of The Contract Network, whose goal is to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations. Notably,...

Legal IT Insider

The Contract Network raises $8m in seed funding from raft of high profile investors

The Contract Network, an AI-powered contract collaboration platform, announced today (17 August) that it has raised $8M in seed funding. The round was led by Tusk Venture Partners, with participation ... The Contract Network raises $8m in seed funding from raft of high profile investors Read More » The post The Contract Network raises $8m in...

Caroline Hill - Editor-in-Chief

Law.com's Legaltech News

The Contract Network Raises $8 Million, With Help From Relativity Founder, Cooley's Investment Fund

Launched in April, and co-founded by a former DocuSign vice president, The Contract Network leverages generative AI and market data to help speed up contract negotiations.

Law.com's Legal Tech News

Legal IT Insider

Legatics raises £4m to fuel growth, including expansion into the US

UK-headquartered legal project management platform Legatics has closed a post Series A £4m ($5.1m) investment from FINTOP Capital, including follow-on investment from current institutional investor, Gresham House Ventures. The company says that ... Legatics raises £4m to fuel growth, including expansion into the US Read More » The post Legatics raises £4m to fuel growth, including expansion...

Caroline Hill - Editor-in-Chief

Law.com's Legaltech News

Legatics Announces $5 Million Investment, With Plans to Expand to U.S. Market

The investment comes months after Legatics released Legatics 2, an expanded version of the legal transaction management platform with more flexible project management software.

Law.com's Legal Tech News

Law.com's Legaltech News

Opus 2 Launches Transaction Management Platform, Focusing on M&A Work Collaboration, Management

The new offering is built on the same technology leveraged by the Opus 2 Case Management platform.

Law.com's Legal Tech News

Legal IT Insider

Dealcloser announces US$2.5m investment as it eyes expansion

North American-headquartered transaction management hub Dealcloser will today (20 June) announce a USD $2.5m funding round, co-led by existing investor Bryce Catalyst and with new participation from early and growth stage US investor Fernwood ... Dealcloser announces US$2.5m investment as it eyes expansion Read More » The post Dealcloser announces US$2.5m investment as it eyes expansion appeared first on...

Caroline Hill - Editor-in-Chief

Aiming to ‘Radically Accelerate’ Contract Negotiations, ‘The Contract Network’ Comes Out Of Stealth Today, Led By Legal Tech Veteran

A new company coming out of stealth today, The Contract Network, aims to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations. It is led by CEO Jim Wagner, who has...

Legal IT Insider

Serial tech investor and adviser Jag Dhariwal joins dealcloser as it eyes rapid expansion

Serial tech investor and adviser Jag Dhariwal has joined fast-growing North American transaction management platform dealcloser as it looks to significantly expand its customer base and raise further capital. ... Serial tech investor and adviser Jag Dhariwal joins dealcloser as it eyes rapid expansion Read More » The post Serial tech investor and adviser...

Caroline Hill - Editor-in-Chief

The 10 Latest Legal Tech Products Added to the LawNext Legal Technology Directory

As more and more legaltech companies add their product listings to the LawNext Legal Technology Directory, which we launched in February, I am periodically featuring the latest listings. Here are this week’s 10 most recent additions: DeedPro Plotter. “Quickly and easily plot deeds, tracts and legal descriptions by entering metes and bounds descriptions. Ideal for real estate...

How It Works: iManage Closing Folders for Legal Transaction Management

In the latest in the video series How It Works, we take a deep dive into iManage Closing Folders. iManage Closing Folders removes the manual, repetitive tasks from legal transaction management so you can focus on delivering more value to your clients. Through intelligent automation and collaboration tools, Closing Folders is designed to help you...

Outgoing CEO Avaneesh Marwaha Says Litera Has Redefined the Legal Market During His Tenure

It was a surprise to many in the legal technology community when the legal tech company Litera announced this week that Avaneesh Marwaha was stepping down as CEO and into a new role as chairman of the company’s board of directors. Replacing Marwaha as CEO is Sheryl Hoskins, a veteran technology executive who spent the...

Your Signature Please, No Pens Required! Implementing and Leveraging Electronic Signature Software (DocuSign, PandaDocs, Adobe Acrobat Pro)

From : Blog Entry >> Jack’s Blog Entry***Please enjoy this blog post which is posted on behalf of the author, Laura Murphy, Product Manager – Closing Folders, iManage. The past few years have catapulted the legal world into new ways of working. One significant change is the adoption and acceptance of electronic signatures. It is...

iManage CEO Neil Araujo: ‘Making Knowledge Work is Why We Exist’

It has been quite a journey for the document management company iManage. Cofounded in 1995 by Neil Araujo and Rafiq Mohammadi, it was acquired in 2003 by Interwoven for $171 million. In 2009, Autonomy acquired Interwoven for $775 million, and then in 2011 Hewlett Packard purchased Autonomy for $11.1 billion, getting iManage in the deal....

Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering

Kira Systems, a 10-year-old Toronto company that pioneered the use of artificial intelligence in contract analysis, is to be acquired by the global legal technology company Litera, its 12th acquisition over the span of two years. Kira’s CEO, Noah Waisberg, a former corporate lawyer with Weil, Gotshal & Manges in New York, and its CTO,...

Litera transforms deal workflows with its transaction management platform

You’re getting ready to close the deal. The finish line is near. All you need to do is create signature pages and packets, get signatures from every party, track and organize those pages, then create customized closing books—all manually! Of course, this means heading into the office or copy center and then drowning in a...

Say Goodbye to Old-school Transaction Management with Litera Transact

For many lawyers, the administration associated with the deal process is cumbersome, tedious, and stressful. Collaborating with multiple parties through back-and-forth emails involves running endless comparisons, attaching large files (that hit firewalls and bounce back), manually tracking the status information in a checklist and—perhaps worst of all—constantly searching your inbox for the latest version of...

Post-ILTA>ON Round-up: Tons of Legal Tech News – Acquisitions, Launches, Updates and More

Last week may have been the first-ever virtual annual conference of the International Legal Technology Association, but just like past years’ face-to-face ILTACONs, this year’s ILTA>ON was the occasion for a flood of major news announcements from legal technology companies. And given my own perfect storm last week of spending three hours a day hosting...

In Win for Litera, Major European Bank Adopts Litera Transact To Manage Deals

A year ago, the document technology company Litera made a major move into the area of deal-management technology with the acquisitions of two of the leading platforms within a month of each other, first acquiring Workshare Transact in July and then Doxly in August, out of which it created a single product, Litera Transact. Now,...

ICYMI: Here’s My Litera TV Interview with Doxly Founder Haley Altman

On Wednesday, I interviewed Haley Altman for Litera TV, following news last week that Litera had named her its global director of business development and strategy. Altman is a former lawyer who, in 2016, founded the transaction management platform Doxly. Last year, she sold Doxly to the document technology company Litera, joining the company as...

Haley Altman Named Litera’s Global Director of Business Development and Strategy

Haley Altman, who joined the document technology company Litera in August 2019 when it acquired the transactions management company she founded, Doxly, has today been named Litera’s global director of business development and strategy. In this new role, the company said, Altman will focus on expanding customer development opportunities and helping to define and execute...

It’s Time to Start Using Technology to Manage Transactions

Over the last few decades, lawyers have embraced technology for all kinds of tasks. We use artificial intelligence to rapidly identify case law precedents, judicial analytics to better predict how judges will rule on issues, automation and advanced document technology to assemble and check our contracts and other documents, and technology-assisted review to conquer piles...

Dentons Adopts Litera Transact for Managing Major U.S. Real Estate Transactions

As the global pandemic has forced lawyers and clients into working from home, many law firms have realized that standard ways of closing deals and signing documents are no longer viable. That point was driven home recently when Dentons, the world’s largest law firm, said that its U.S. real estate practice would now use the...