December 21, 2001
Linklaters unveils online banking first
Linklaters has selected DealBuilder from Business Integrity for firm-wide use and to further enhance BLUE FLAG ® , the best known legal product on the web. DealBuilder enables complex legal contracts to be automatically assembled from simple web-based questionnaires or term sheets. Clients will enjoy fast and accurate document turnaround across a range of legal transactions and services.
Patrick Hynes , CEO of Blue Flag, commented:
"Document automation is not a new concept, yet until recently the time, costs and inaccuracies involved outweighed the potential benefits. DealBuilder changes the game, enabling us to automate documents easily and quickly, but above all with complete accuracy. Our clients will enjoy long term benefits as we continue to refine and develop the Blue Flag services using best in class technologies".
A recent survey of senior in-house corporate lawyers by The Legal Media Group and MORI revealed that Linklaters Blue Flag is the best-known legal product on the web. Fifty-five per cent were aware of Blue Flag, compared with 17 per cent for Clifford Chance and 14 per cent for Freshfields Bruckhaus Deringer.
Linklaters is one of the leading global law firms, with first-class corporate, finance and specialist teams operating throughout the world. Linklaters lawyers work closely with leading corporates, investment banks and other major institutions offering the highest quality advice and innovative use of technology to meet the clients' needs. Linklaters is a member firm of Linklaters & Alliance which brings together four of Europe's premier law firms. It is one of the leading global legal practices with lawyers and other professionals operating in major financial and business centres worldwide.