From a financial viewpoint, document automation weighs the cost of creating and maintaining the drafting templates compared to the benefits of automated drafting.
For law firms considering alternative and fixed fee billing, automation and efficiency become key considerations. It is well known that drafting using a document assembly system or a drafting template is much quicker than traditional mark-up of an existing document. However, for those who have developed document assembly systems, the significant costs of developing and maintaining automated forms are also well understood. Indeed, such costs have represented one of the principal inhibitors to the widespread adoption of document automation in law firms, restricting its application to practice areas such as estate planning where a relative few number of forms are frequently reused.
Automating the process of template creation dramatically reduces the cost of preparing documents for automation. And, by introducing new systems to benchmark and audit documents created using the templates, kiiac can maintain your templates on an ongoing basis. Please contact support@kiiac.com for your customized Return on Investment Analysis.