--- title: "Law Firm Innovation: Modernizing Your Workflows" description: Innovation involves establishing new ways accomplishing tasks in more efficiently, finding faster and easier approaches for performing workplace operations. image: https://blog.dealcloser.com/hubfs/mike-kononov-lFv0V3_2H6s-unsplash.jpg --- Legal Technology # Law Firm Innovation: Modernizing Your Workflows ![DealCloser](https://blog.dealcloser.com/hubfs/DC%20Square%20Logo_Navy%20%26%20Teal.png) [ DealCloser ](https://blog.dealcloser.com/blog/author/dealcloser-1) ![](https://blog.dealcloser.com/hubfs/%F3%B0%B8%98.png) Sep 4, 2021 [Legal Technology](https://blog.dealcloser.com/blog/tag/legal-technology) ![https://7567996.fs1.hubspotusercontent-na1.net/hubfs/7567996/mike-kononov-lFv0V3_2H6s-unsplash.jpg](https://blog.dealcloser.com/hubfs/mike-kononov-lFv0V3_2H6s-unsplash.jpg) [**](https://twitter.com/dealcloserinc) [**](https://www.linkedin.com/company/15205784/admin/) [**](https://www.youtube.com/channel/UCKnKDCIHX1W5o8saOUmwA5w) Innovation involves establishing new ideas or ways of accomplishing tasks in a more efficient and effective way. It’s about finding faster and easier approaches for performing workplace operations. But how does it come into play in law? The future of law lies in innovative technology. There is increased use of AI in legal services to streamline workflows, particularly for the deal management process. Law firm innovation involves digitizing what were once manual tasks that require significant time, effort, and money. Lawyers are turning to deal management platforms that offer services in automated legal proofreading, transaction signature signing, document assembly, closing binder formation, legal file closing checklist, and document comparison tools. Using an innovative deal management platform can elevate the performance of law firms in multiple ways. And as mentioned above, law firms save time and money by reducing or even completely eliminating the hours spent on non-value-adding tasks. Automated document assembly and transaction management software allow for more efficient and effective operations leading to increased productivity. Features such as auto-formatted, [interactive closing books](https://www.dealcloser.com/product) offset the need for manual document assembly. Law firms can also use innovative technologies to maximize collaboration internally within the workplace. Using features such as version control systems, legal file closing checklists, and track changes and comments allow for stronger connection and teamwork between employees in different departments and offices, working on different projects, anytime and anywhere. Microsoft Word for legal professionals is gaining popularity. Microsoft Word Online integration tools allow for easy collaboration within and outside your firm. These technologies can also be used to effectively communicate and collaborate with clients externally. Clients have 24/7 portal access to the above features and can track their deal’s status using a live project agenda. Firms are able to use technologies to notify clients and obtain instant signatures. It’s more important now than ever to keep up with and set trends. Doing so will further your firm’s competitive advantage as an increasing number of clients are seeking inventive alternative sources to traditional legal support. Do you want to start integrating innovative legal technology into your firm? [Schedule a demo](https://www.dealcloser.com/get-a-demo) and give DealCloser a try. --- [![](https://blog.dealcloser.com/hubfs/news-icon.svg) More News ](https://blog.dealcloser.com/blog) ## You May Also Like - Customers ### [Alberta Corporate Law Firm Kicks Off 2022 by Adopting DealCloser’s Transaction Management Workflow Platform](https://blog.dealcloser.com/blog/warren-sinclair) DealCloser anticipates extensive growth in 2022 following on from a record Q4 2021, and Warren Sinclair LLP is just one of the many expected law... ![DealCloser](https://blog.dealcloser.com/hubfs/DC%20Square%20Logo_Navy%20%26%20Teal.png) DealCloser Jan 25, 2022 - Customers ### [Montreal-Based Corporate and Commercial Law firm Selects DealCloser’s Transaction Management Workflow Platform](https://blog.dealcloser.com/blog/montreal-based-corporate-and-commercial-law-firm-selects-dealclosers-transaction-management-workflow-platform) 71 Legal, a boutique corporate and commercial law firm based in Montreal, Canada, has selected DealCloser to enhance the firm’s transaction... ![DealCloser](https://blog.dealcloser.com/hubfs/DC%20Square%20Logo_Navy%20%26%20Teal.png) DealCloser Nov 30, 2021 - Press Release ### [DealCloser Reveals Industry-First AI-Powered Transaction Management Tools with DealCloser Intelligence](https://blog.dealcloser.com/blog/dealcloser-intelligence) DealCloser Intelligence, the first AI-powered transaction platform, helps firms eliminate repetitive tasks, accelerate deals, and excel in a... ![DealCloser](https://blog.dealcloser.com/hubfs/DC%20Square%20Logo_Navy%20%26%20Teal.png) DealCloser Nov 12, 2024 - Press Release ### [DealCloser Announces US $2.5m Investment as It Eyes Expansion](https://blog.dealcloser.com/blog/dealcloser-announces-us2.5m-investment-as-it-eyes-expansion) Co-led by existing investor Bryce Catalyst and with new participation from early and growth stage US investor Fernwood Holdings. ![DealCloser](https://blog.dealcloser.com/hubfs/DC%20Square%20Logo_Navy%20%26%20Teal.png) DealCloser Jul 31, 2023 - Customers ### [Client Profile: Megan Cornell from Momentum Law](https://blog.dealcloser.com/blog/client-profile-megan-cornell) Our mission is to simplify the transaction management process. 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