10 Dec 2024

Transforming contract drafting: How Cuatrecasas holds on to global quality standards for legal services

Cuatrecasas: Maintaining global quality standards in legal services

Cuatrecasas, a leading law firm with a presence in 12 countries, champions a culture of knowledge sharing to ensure consistent quality across its global operations. By fostering collaboration and a unified approach, the firm provides exceptional legal services, regardless of location.

The transformation of contract drafting: Instant access to precedent clauses

Before implementing legal tech tools like Lexis® Create DMS, contract drafting at Cuatrecasas was a labor-intensive process. Lawyers spent excessive time searching for up-to-date templates or relevant clauses. “To become more agile, we started using legal tech tools like Lexis® Create DMS,” Teresa Amaral Cabral, Knowledge Lawyer, Knowledge and Innovation Department, explains.

This shift has drastically improved efficiency.

Focusing on high-value tasks, rather than paperwork

“In the past, I would spend hours looking for the right clause. Now, I can find precedent clauses in seconds.”

- Telma Carvalho, M&A Lawyer, Cuatrecasas

Now, Lexis® Create DMS is indispensable for lawyers at Cuatrecasas. This significant reduction in drafting time allows lawyers to focus on providing value to clients, rather than getting bogged down in paperwork.

Cultivating a collaborative mindset

Telma Carvalho, an M&A Lawyer at Cuatrecasas, recalls a time when sharing knowledge was met with hesitation among colleagues, who feared losing their competitive edge. “It’s crucial to understand that we are Cuatrecasas, and all of us need to deliver the same quality with the same standards for our clients,” she emphasizes. This commitment to teamwork and knowledge sharing is vital for maintaining the firm’s high service standards.

Cabral reinforces this idea. She explains the importance of having a structured legal opinion to avoid divergent views among clients. To facilitate this, the department comprises legal professionals dedicated to optimizing workflows through innovative legal tech solutions.

Embracing innovation for client-centric services

Cuatrecasas’ investment in technology not only enhances efficiency but also aligns with client expectations. Clients now prefer concise, clear documents over lengthy legal texts. Carvalho has adapted her approach, utilizing tools like Excel and PowerPoint to present information in a more digestible format.

Legal Tech: A game-changer for recruiting young talent

Young professionals at Cuatrecasas are particularly enthusiastic about the firm's innovative tools. This commitment to technology not only fosters a collaborative environment but also serves as a significant draw for new talent, making the firm an attractive choice for aspiring lawyers.

“Young professionals are very enthusiastic about using the tools that are already available in the firm. They really try to use them to their best advantage.”

- Telma Carvalho, M&A Lawyer, Cuatrecasas

Cuatrecasas exemplifies how a commitment to knowledge sharing and technological innovation can uphold global quality standards in legal services. By leveraging tools like Lexis® Create DMS, the firm ensures that its lawyers can provide high-quality, consistent legal support to clients worldwide.

About Lexis® Create DMS

Lexis® Create DMS is a next-generation legal drafting tool that enhances the efficiency of legal teams by providing instant access to a comprehensive legal knowledge base. It integrates with existing tools, allowing users to leverage their team's collective knowledge effectively.

[emoticon:7e405c0fb3114c2594c00fd89a9d9667] Instant access to clauses & definitions
Surface the precedent you need from your entire database at any given time, in Microsoft Word, Outlook, and Copilot. Lexis® Create DMS indexes your firm’s precedent documents at the clause level, enabling instant clause and definition retrieval when drafting.
[emoticon:7e405c0fb3114c2594c00fd89a9d9667] Secure handling of your legal data
To protect the confidentiality of your legal data, our data centers store only text snippets and do not retain entire contracts. Furthermore, any AI technologies associated with our add-on, like Azure OpenAI Service, are strictly prohibited from storing or using your data.
[emoticon:7e405c0fb3114c2594c00fd89a9d9667] AI assistance on top of your firm's database
Enhance your contracts with our AI clause assistant, which employs a secure, multi-LLM approach to generate relevant additions, replace wording, and ensure consistent grammar. You can review contracts quickly and provide client advisory with ease.