“Every (business) decision we (the firm) make comes down to – can we afford it…can we make money off it. Any business should be thinking the same way..the truth is, without a tool like this how could we compete with larger firms that have the facility and infrastructure to do this.
This is an amazing tool (Contract Express) to generate revenue as well…we set out to see how we could change the legal landscape in essentially giving out legal documents using the Contract Express platform into something called ‘Compass’. So essentially what we built on top of Contact Express is early stage financial documents that allow companies and investors to generate legal documents. They (customers) can go on (to our site and) completely for free using the Contract Express generate documents they need for early stage finance transactions. In the future we want to harness the same Contract Express technology and build out different components: pre-financing, shareholder agreements, anything that fits in this bucket”
Find out more about Caravel Law’s project with our videos featuring Steven himself:
- Increase firm productivity and generate revenue (1:24)
- Lower fees through increased efficiencies (0:38)
- Contract Automation to differentiate and compete (1:20)
- Use technology to deliver amazing legal services to your customers (0:55)
To find out more about how Compass works visit their dedicated page.
To find more about the product, see our Contract Express Fact Sheet.