
Shareforce
Overview
Features and functions of Shareforce include:
Clause / Component Database
- Legal content (clauses, contract components, templates) is stored in a structured, centralized repository.
- Legal teams or contract experts control content, versions, updates, and ensure compliance and uniformity across documents, departments, jurisdictions.
Automated Document / Contract Creation
- Users can assemble documents from the clause/component database, selecting and combining standard blocks to create bespoke contracts or documents.
- The automation works with Microsoft Word (authoring environment), but supports flexible workflows that allow for both automated drafting and manual edits or versioning.
Contract Data Intelligence
- Because documents are constructed from granular building blocks and structured content, metadata and usage data are captured.
- Legacy (pre-existing) contracts can be “digitalised” (“extracting the digital DNA”) to feed into analytical tools or dashboards.
- Enables analysis of clause usage, risk exposures, compliance with standards, and potentially more advanced reporting across portfolios of contracts.
Workflow & Collaboration
- Shareforce supports workflows for drafting, approving, updating legal content, ensuring that changes propagate and are controlled.
- Collaboration features enable legal staff and other stakeholders to interact, comment, review, and adopt changes across jurisdictions or business units.
Governance, Risk & Compliance Support
- Legal content updates are centrally managed to reduce variation and error.
- The platform aims to reduce regulatory risk by ensuring that documents conform to up-to-date legal and policy standards.
- ISO/IEC 27001:2022 certification is held, indicating attention to data security.
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Areas of Use
TARGET AUDIENCE
Law Firms - 500+ lawyers
Law Firms - 100-499 Lawyers
PRACTICE AREAS
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