Transactions and corporate housekeeping made easy
Cost pressures on corporate law firms are rising. Businesses are increasingly wary of incurring high costs in M&A deals, preferring to carry out processes like due diligence in-house. Even when third-party legal advisors are hired, flat-rate or maximum fees are often requested in place of the more traditional hourly billing rates. In order to adapt and retain clients in the long term, law firms must find new ways to increase process efficiency – and Drooms provides the software tools to do just that.