Are you reinventing the wheel?
Drafting legal documents can be a tedious task. Not only do you need to be compelling and accurate, but you also need to be quick. As a small law attorney, you need to be mindful of your time and what's being billed to the client. Time is of the essence and you don't have it to waste on reinventing the wheel. Technology provides you with the platform to quickly retrieve information. All you need is access and the confidence of knowing you're connecting with credible resources.
Practical Law™ already invented the wheel – whether you're a corporate attorney providing guidance on forming an LLC or a finance attorney conducting due diligence. Practical Law provides you with access to thousands of forms, checklists, and drafting guidance reviewed and updated by more than 250+ seasoned attorney-editors. Max Eisenberg, general counsel and sole attorney for Sandbox Industries quickly recognized how Practical Law would be his main resource for running a more effective and efficient practice. "It's night and day to go into Practical Law and modify a resource for my needs versus drafting something from scratch," Max says.
"To reinvent the wheel is to go laboriously and unnecessarily through elementary stages in some process or enterprise; waste time on tediously obvious fundamentals." 1
"Over half of all claimed errors in malpractice cases were substantive errors." 2
Get your free trial and access the most frequently used Practical Law forms below:
- Corporate: LLC Agreement (Multi-Member Manager-Managed)
A long-form U.S. LLC agreement to be used in connection with an investment transaction with multiple members (such as a private equity buyout). This Standard Document assumes an agreement among multiple members with a board of managers controlled by a private equity sponsor. This Standard Document includes integrated notes with important explanations and drafting and negotiating tips. - Commercial: Professional Services Agreement
A Standard Document for the provision of professional services that can be adapted for a specific project, for ongoing services, or for use as a master services agreement. This model agreement is drafted in a manner that aims to be reasonable and includes provisions that are common to many types of negotiated services agreements. This Standard Document has integrated notes with important explanations, alternative provisions, and drafting and negotiating tips. - Litigation: Settlement Agreement and Release
A sample agreement between two or more parties settling a pending lawsuit and releasing future claims. This Standard Document has integrated notes with important explanations and drafting tips. - Labor & Employment: Independent Contractor/Consultant Agreement (Pro-Client)
An independent contractor agreement between an individual contractor and a client company for consulting or other services. This Standard Document is drafted in favor of the client company and is based on federal law. For information on state law requirements, see the State Q&A Tools. This Standard Document has integrated notes with important explanations and drafting tips.
And, as a friendly reminder, market-driven legal terms are constantly changing. The forms above are current as of today, and they will be maintained to reflect the changes of tomorrow. That's exactly why Practical Law is so vital to your practice. We've got your back. With an army of expert attorneys at your fingertips, you'll always have immediate access to the most up-to-date resources available.
Quickly draft accurate and compelling documents with Practical Law.
1 Reinvent the wheel. (2017). Dictionary.com. Retrieved from http://www.dictionary.com/browse/reinvent-the-wheel?s=t
2 ABA Standing Committee on Lawyers' Pprofessional Liability Profile of Legal Malpractice Claims 2012-2015