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360
Venture Law
understands that current technology can increase efficiency in the delivery
of legal services. We are technology counselors as well as power users.
Unfortunately, many traditional law firms have been slow to adopt
certain productivity
tools that we have already deployed.
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Digital Document Imaging. Advanced scanning, digital imaging and
word processing capability.
- Extranet
for secure client document access. Our clients are able to go
to a special password protected section of our web site (called "360workspaces") and download copies of current documents such as board
minutes, transaction closing binders, form sales agreements, even
legal how tos and FAQs. All this is done pursuant to your
set of permission requirements for your team members.
- Paperless
Fax. We no longer depend on the centralized fax machine on the
18th floor. All faxes routed to our lawyers are delivered to the computer
desktop in PDF format ready to be saved by client and matter number
and forwardable to any applicable parties.
- Document
Management and Storage. Our document management is redundantly
stored on local hard drives and in our service providers bank certified
data center. This allows our attorneys to work anywhere in the world
that there is an internet connection and have instantaneous access
to the entire library of firm work product and the specific client
files.
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Increased use of Adobe Acrobat, PDF file format to secure
documents and control versions.
- Supplementation
of research library through increased use of on-line and other electronic
resources.
- Infrastructure.
All of our lawyers have state of the art laptop computers, broadband
Internet connections at home and office, standard and specialized
software applications and of course mobile phones with email and
internet capabilities. Dependable, state-of-the-art
communications capability, wireless, high speed, secure and efficient.
- What
is a Virtual Closing Binder? How many law firms or other professional
service firms can do this? We recently closed a venture finance transaction.
We set up an extranet site where the clients board of directors
can access secure company documents. We used high resolution scanners
and Adobe Acrobat (digital image software) to create a virtual
closing binder complete with copies of all the signed originals in
a single bookmarked and annotated personal document format (PDF) file.
Everyone involved was given the option of receiving the closing binder
on a CD ROM, by accessing the 360workspace (extranet), having the PDF
file emailed to them or receiving a snail mail delivery of the traditional
telephone book sized bound closing binder.
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