Legatics has saved enormous amounts of time, paper and stress in the CP process.
Trinity International LLP
Legatics provides instant, visual collaboration
Overview
Trinity International LLP is a niche law firm with a unique focus on projects, finance, corporate and commercial transactions in emerging markets. The firm, acting for the borrower, used the Legatics platform to successfully close the project financing of a 52 MWp solar PV plant in Kenya. The deal was live on the Legatics site for over 12 months and over 240 CPs were uploaded for financial close and completion of conditions subsequent.
Challenges
Multiple parties
Need to interact with local counsel
Decentralised
Need for clarity and clear visibility
Delayed feedback
Difficult to relay immediate updates to clients
Our Solution
Tools for the job
Legatics allows Trinity senior lawyers to easily oversee multiple transactions and ensure they are across all issues. The partner or associate has instant access and can immediately relay updates to the client. By providing a visual representation of progress and responsibilities, Legatics provides accountability and encourages closer collaboration from all parties involved in the transaction.
A checklist can be adapted to the specifics of the transaction which makes interacting with local counsel easy. They can review and comment on documents so that feedback is immediately seen by all parties and can be actioned in real time. The Legatics site is easy to access and use on any device and in any location, therefore it suits Trinity’s clients’ needs as they are regularly on the move or on site.
Trinity now actively encourages clients to consider Legatics. In addition, being able to agree tighter fee caps on CP processes is a clear benefit to clients.
Results
Real-time feedback Efficient progress
Instant communication via any device in all locations
Live updates
Feedback visible to all parties and can be actioned in real time
Better accountability
Visual dashboard of progress and responsibilities
Higher adaptability
Ability to relay updates to clients who are regularly on the move
Try Legatics today
If you use Word to manage your transactions, you can use Legatics. Using Legatics is that simple.