Creating and maintaining a project plan can be a time-consuming process. Traditional methods rely on an Excel spreadsheet where all of the project milestones and deadlines will be listed. Sometimes a gantt chart may be used as a visual. Managing this process in Legatics helps to centralize more of the work involved in the deal enabling real time collaboration and updates visible to the relevant parties.
Let’s see how Legatics can be used to centralize your project plan!
Managing the project plan in Excel is time-consuming and error prone
Excel to manage the project plan but it falls short in several key areas:
Managing updates: When changes need to be made to the project plan, everyone on the deal is reliant on someone updating the Excel spreadsheet, saving it as a new version and circulating it around.
Version control issues: With the above comes version control issues. Updates can get lost, and team members often work from outdated copies, causing confusion.
Work is kept in different places: The project plan may be managed using Excel or another platform meaning that Lawyers need to use multiple tools to manage the deal.
These challenges can lead to miscommunication and increase the risk of missing critical deadlines.
Legatics simplifies and centralizes the project plan
Legatics replaces outdated Excel workflow with a centralized, collaborative platform designed for efficiency and clarity:
Start with an Excel file
Legatics allows you to create a list from an existing Excel file. If you already have a standard template that you use for project plans you can this into Legatics quickly. The platform automatically transforms the data into a dynamic list, preserving all your information while making it easier to manage and update.
Centralize tasks and key milestones
Your project plan is stored in a single, structured list making it clear for everyone to understand key tasks and deadlines.
Collaborate in real-time
With Legatics, team members can work in one place, with changes reflected almost instantly. This helps ensure everyone is always looking at the most up to date version.
Assign responsibilities
Easily assign tasks to the relevant team members or parties. Everyone knows their tasks, and progress can be tracked effortlessly.
Granular permissions
We understand that not everyone needs visibility of everything! Apply permissions to the list, columns and rows making sure that all deal participants aren't seeing anything confidential.
How to manage a project plan in Legatics
Step 1: Import your existing project plan
Begin by uploading your Excel template into Legatics. The platform will automatically convert the spreadsheet into a dynamic list, maintaining the structure and data.
Customize your project plan by adding columns or refining sections as needed. Use Legatics’ intuitive tools to ensure everything is structured for clarity.
Assign tasks to the relevant parties and allow team members to work collaboratively in real time.
Step 4: Keep up to date and keep your deal on track
The list can be modified in real time and can be viewed from within the matter.
Why Legatics is the better way to manage your project plan
Legatics eliminates the inefficiencies of Excel, helping you;
Make changes quickly and efficiently that are visible to all deal participants with access.
Maintain confidentiality and avoiding having to create different versions for different parties.
Centralise your deal management by using Legatics to manage more of your processes.