Legal Technology
Fund formation
Law firms are in the midst of a competitive market with clients demanding more and less willing to wait. Investing in technology that automates and streamlines the complex fund formation process enables law firms to strengthen investor relations.
Deliver a superior investor onboarding experience
To succeed in this increasingly challenging market, law firms need a sharper focus on where client demand is and how they can best retain and increase wallet share. Currently, clients demand that law firms have industry knowledge and expertise and can demonstrate efficiency to win their business.
Without these three key contributing factors, law firms won’t be able to mitigate errors, which ultimately results in a loss of time and money. Fund formation solutions from Thomson Reuters can help law firms streamline the investor onboarding, drafting, and signing process from opportunity to close — all while managing risks and maintaining regulatory compliance.
With Thomson Reuters solutions, law firms can help differentiate themselves from the competition and deliver a superior investor onboarding experience.
Streamline investor onboarding
Thomson Reuters fund formation solutions help law firms deliver a superior experience to their clients.
Workflow efficiency and automation
Onboarding potential investors is an intensive, time-consuming process. The manual production of documents and communication causes workflow delays, leaving employees and clients unhappy.
Law firms can save time and increase efficiency with an automated, end-to-end investor onboarding process solution from Thomson Reuters.
Accurately manage risks
The process of intaking new legal service requests can be very time consuming. Collating, tracking, and analyzing data can create errors or the loss of vital information for regulatory compliance, often requiring oversight from supervising lawyers to double check the work.
Firms can securely and accurately capture the investor data required for regulatory compliance, mitigate risk, and save time to focus on higher-value jobs with a fund formation solution.
Reduce complexity and save time
The manual, complex document-intensive process lacks visibility into incoming requests. Firms can miss deadlines to onboard the client without at-a-glance status updates.
Simplifying and accelerating the fund formation process from opportunity to close is possible with an automated end-to-end solution.
Simplify and accelerate the complex fund formation process
Law firms use Thomson Reuters fund formation solutions to manage the investor onboarding process in an efficient way.
Featured insights on fund formation
Learn how your firm can leverage fund formation tools to streamline the onboarding process.
Fund formation solutions
Automate the onboarding, drafting, and signing process.
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See how HighQ can help your department deliver a superior onboarding experience. Request a free demo today.