The COVID-19 pandemic is reshaping the world as we know it. Every industry has been impacted, and the legal arena is no different. Transaction management –historically a paper- and labor-intensive endeavor — is facing unprecedented challenges. Given the current pace of change to law firm practices, Above the Law and Litera have partnered to get a better sense of exactly how firms are responding to the outbreak and what tools legal professionals are using to help them reprioritize and reconfigure their workflows and client relationships.
As such, we are fielding a brief survey that is looking for insights into topics such as:
- Preparedness to handle changes;
- Concerns regarding the deal management process;
- Evolution of client requests; and
- Impact on deal completion.