My practice as an attorney spans across legal domains: litigations, arbitration, mergers and acquisitions to state a few. Though my firm is a boutique full service law firm, we give competition to bigger law firms when it comes to handling complex legal work and efficient turnaround time. My experience in cross cultural interactions; working across geographies and time zones have reinforced my belief that if one can time and organize well, any number of clients and any type of complex legal work can be serviced. We attorneys waste lot of time in just searching; re-searching and managing data, documents, records etc. Often it takes more than 3-5 minutes just to search a relevant email. Problem compounds when one needs to refer to past data/emails scattered across various platforms and devices. I always wondered if there were a single system which can manage all requirements of a lawyer instead of jumping from one system to another.
For example, imagine a matter management system where the litigation team can access all case documents, client's email, billing, time, contacts etc. at a click. Not only this, they can also interact with the client and give access to them, if required, so that the client can actually track the billable hours, documents prepared and filed, details of attorneys working in the matter etc. Likewise, the attorneys and the clients work on the same system making the whole process well organized and transparent. Same can be the scenario with the corporate team lawyers who are involved in due diligences and M&A deals. A single system of creating multiple virtual data rooms wherein clients can dump their data and the data can be accessed by any number of people located at different locations yet secure, robust, easy to use and not denting the pocket at the same time.
During one of my due diligences 3 years back, I was called at seller's place to review the documents.
Lalit Mathur, Co-founder, CEO