The warranty disclosure process in M&A transactions is often time-consuming and complex. Extracting warranties from legal documents and organizing them into a list can take hours, with risks of formatting errors and mismanagement. Legatics transforms this process, turning warranties into a structured, collaborative list in minutes. Let’s explore how Legatics makes warranty disclosures easier and more efficient!
Extracting warranties manually is slow and error-prone
Managing warranties using traditional methods involves manually copying text from legal documents and pasting it into Word or Excel. This process is riddled with challenges:
Time-consuming setup: Extracting and organizing warranties manually takes hours, with constant adjustments to formatting and structure.
Difficult to customize: Filtering warranties for different teams or categories requires duplicating lists, leading to inefficiency and confusion.
Error-prone updates: Managing edits and tracking changes across multiple versions increases the risk of errors.
Limited collaboration: Sharing static files among teams slows communication and alignment.
These inefficiencies create unnecessary delays, increase workload, and risk important details being missed.
Legatics makes warranty disclosures faster and smarter
Legatics revolutionizes the warranty disclosure process with tools designed to save time, reduce errors, and improve collaboration:
Transform warranties into lists in minutes
Using the legal text importer, you can extract warranties directly from your legal documents and convert them into a structured list in minutes. No more hours spent on manual formatting - Legatics organizes everything into clear rows and columns automatically.
Filter and focus on relevant warranties
Legatics allows you to filter your list. This makes it easy for you to quickly find what's outstanding, and generate tailored exports for different client teams, helping them focus only on the warranties relevant to their area of expertise.
Instead of managing static files, Legatics provides a dynamic list where teams can collaborate in real time. Assign tasks, leave comments, and track progress without duplicating files or creating confusion.
Once your warranties are organized and reviewed, Legatics enables you to export parts of your list for specific teams or as a complete disclosure list for the client. Exports are branded, professional, and ready to share.
How to manage warranty disclosures in Legatics
Copy the warranties from your legal document and paste them into the legal text importer in Legatics. The platform will transform the text into a structured list, ready for review.
Customize the list by adding sections, columns, or filters to organize the warranties according to your transaction’s needs.
Use the filtering tools to create tailored exports of the list for specific client teams. Focus only on the warranties relevant to their area, making the process more efficient.
Export the tailored lists or the full disclosure list as needed, ensuring the client receives a professional, easy-to-navigate document.
Why Legatics is the better way to manage warranty disclosures
Legatics replaces manual methods with a streamlined, efficient process:
Save time: Turn hours of manual work into minutes with the legal text importer.
Stay organized: Filter and structure warranties for tailored views and seamless updates.
Improve collaboration: Real-time tools keep your team aligned and minimize errors.
Deliver professional results: Create polished, branded exports ready for client review.
Transform your warranty disclosure process with Legatics and focus on closing the deal efficiently and accurately!