Welcome back to the final installment of The Truth About Contract Lifecycle Management (CLM) series where we’re debunking common misconceptions in the CLM space. If you missed the first three posts in the series, you can check those out here, here, and here. If you're all up to date, let's dive in. Today's 4th and final myth is all about cloud-based editors.
Myth #4: Legal teams are looking to transition off Word into cloud-based editing tools.
Microsoft Word is the legal team’s most valuable tool for drafting and editing contracts. Even though word processing has evolved to include lightweight cloud-only solutions like Google Docs, Word is preferred by legal teams because it’s more robust and secure. Here’s what Word has to offer.
It's easy to use.
Microsoft Word is easy to use, even for users who are not particularly tech-savvy. With its intuitive design and straightforward features, users can get up and running quickly and start being productive immediately. For in-house legal teams who need to hit the ground running and don't have time to waste learning how to use complex software programs, Microsoft Word is the perfect solution.
It has all the features you need.
In-house legal teams need a word processing program with all the bells and whistles, and Microsoft Word has them all. From templates and AutoCorrect to advanced collaboration features, Microsoft Word has everything you need to get the job done quickly and efficiently. And if there's a feature you need that's not included in Microsoft Word, you can find an add-in or plugin that will add it.
It integrates with other Microsoft products.
If you're already using other Microsoft products like Outlook, Excel, or PowerPoint, then you'll be pleased to know that Microsoft Word integrates seamlessly with all of them. This makes it easy to share documents and collaborate with colleagues who are using different Microsoft products. For in-house legal teams who rely heavily on Microsoft products, this is a huge advantage.
That’s all important to legal teams - so it’s important to LinkSquares, too. To empower your team to use the tools it’s already using, LinkSquares offers seamless integration with Word to streamline the agreement editing process, track versions intuitively, and collaborate seamlessly. With the LinkSquares Word integration, you can easily find and edit agreements in Word — on your desktop or browser — and save them back into LinkSquares without having to download the file.
Work in the tools you know and love while super-charging them with the power of LinkSquares.
Not all CLM systems are created equal, and there are a lot of questions about what makes up a strong solution. Find the signal through the noise and choose LinkSquares, which lets you work smarter, not harder. Want to learn more? Schedule a demo today.