With contractroom, you have the power to make very complex rules. Or not. It's up to you.
Rules make it easy for attorneys to include terms necessary in some jurisdictions but not necessary in others. For instance, you can create a rule that will only include a certain term if the client is located in California.
At first glance, the idea of being able to create "terms" in Contractroom did not seem any more impressive than using form fields in Word. But being able to assign those terms to a specific e-mail address, and then set the term so that the absolute only things that the person who was assigned that term can do is approve it, offer an alternative, or disapprove it, rather than that person suddenly having access allowing that person to change anything in the entire document, is game changing. And as one who lives by color codes, I thought it was great that Contractroom color codes the assignments.
Another one of my favorite features was being able to see the exact dollar amount totals of terms which are agreed upon versus not agreed upon. Such an objective, unbiased view really puts things into perspective during negotiations.
Finally, whether you charge by the hour or per transaction, any law firm is going to want to be able to know how to best utilize their workforce. Contractroom allows you to see which attorneys have successfully closed which types of deals in the past so that you can know which attorney is best to call on when a particular type of deal arises. Review collected by and hosted on G2.com.