June 04, 2020

Productivity Hacks for Legal Advisors

In this infographic, based on polling of 450+ corporate lawyers globally, Datasite explores the greatest productivity challenges to transactional workflow – and solutions to overcome them.

Top 3 Productivity Barriers

80%

of legal advisors use email as a primary means of communication for sharing documents with clients and external stakeholders.

74%

of lawyers primarily track diligence status and stakeholder engagement using Excel.

44%

of law firms rely on printing and scanning of documents to complete redaction - often considered the most time consuming due diligence task.

Solutions designed to reduce non-billable time

50%

Reduction in time spent completing common tasks using Datasite to gain efficiencies in your legal workflow.

Retire black markers

Complete redaction of words, phrases, and images in bulk and then categorize them by reason for easy reference. 

Goodbye spreadsheets

Streamline communication with in-app Q&A to engage and track a large number of potential buyers in just a few clicks. 

Avoid inbox chaos

Transform asset marketing with a single source of truth for buyer lists, custom email templates, watermarking, and more. 

Agility without reputational risk

Effortlessly current.

Track deal progress and user activity with customized dashboards that refresh every 15 minutes. 

Share-ready in minutes.

Bulk upload files as large as 50GB and leverage AI-enabled smart categories and indexing for easy data room setup. 

Support when you need it.

Call or email us 24/7/365 to get help in up to 18 languages - more than any other premium VDR provider. 

Ironclad security.

Centralize stakeholder engagment on a GDPR and CCPA compliant platform with ISO 27001 and SSAE 16 SOC 2 Type II certifications. 

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Datasite provides secure software solutions for managing the full spectrum of financial transactions — including M&A, restructuring & administration, and capital raising. Our intuitive platform offers ironclad security enabling file sharing and collaboration within and across organizations. More than a virtual data room (VDR), Datasite supports advisors and their clients across the entire deal lifecycle with secure collaborative software that shortens timelines for buy-side and sell-side teams from deal sourcing and deal preparation to post-merger integration (PMI) while meeting regulatory compliance — including GDPR and CCPA requirements. As the premiere virtual data room for M&A due diligence globally, Datasite is consistently recognized for breakthrough technologies like our AI/ML-enabled capabilities and automated redaction tools. Beyond due diligence, Datasite provides transaction and document management solutions for investment banks, corporate development, private equity, and law firms across industries.