Rework finance drafting around your own precedent.
We sit with your finance team on live transactions and look, financing by financing, at where earlier positions and templates could carry each draft. The partners pick what gets built, and it runs in the platform you already use.
A financing moves as fast as the team finds what the firm agreed before.
In many jurisdictions, facility agreements start from a UK or US market standard. The associate's draft then turns on the variables of this financing and the wording the firm prefers.
The pace depends on what the team already knows. What did the firm accept on this point last time? Can this asset be secured in that jurisdiction? The answers sit in closed files and with the partners who gave them.
Where AI could change the work on a financing
Five of these tasks come back on most financings, and the last is work lawyers rarely take on yet. Where AI fits in each one depends on how your team drafts and checks it today.
Facility and security documents
After the client meeting, associates draft the facility and security documents from a market template and enter the variables by hand. AI can fill the template from the client's instructions, so the associate starts on the points still open.
Positions the firm agreed before
Before a point is conceded, someone checks what the firm agreed for this lender or this client last time. If those positions were kept in one searchable place, AI could show them to the associate while drafting.
Review of existing finance documents
Amendments, new loans and the finance workstream in due diligence all start by reading the agreements already in place. AI can pull the terms the team checks every time, for the lawyer to confirm.
Resolutions and legal opinions
Board and shareholder resolutions and legal opinions are drafted from templates, with the transaction details filled in. AI can prepare those drafts, and the opinion stays with the lawyer who gives it.
Local-law questions
An international practice keeps answering how security is taken and enforced in each jurisdiction. With the firm's earlier answers in a knowledge base, AI could find them for the lawyer handling the question.
Covenants and ongoing obligations
After signing, the client lives with its covenants and its duties to report to lenders, usually without its lawyers. A one-page overview of the covenants, or a list of what goes to the lenders and when, could give the lawyers a role here.
How it works
We sit with the finance team
We work next to your lawyers on live financings and see how each document gets from template to signing.
We collect the opportunities
Ideas come from your lawyers and from our own research, and the partners choose on value and risk.
We build what the firm picks
That can be a clause record, a drafting workflow, a local-law knowledge base or new software, starting in the platform the firm already pays for.
We work on the next financings
On the transactions that follow, we adjust what we built as your lawyers use it.
Frequently asked questions
Our documents already follow market standards. What is left to change?
The market standard settles the structure of the facility agreement. Around it sit the variables, the firm's earlier positions and the resolutions and opinions each financing needs. A Practice Assessment maps where your team spends its time on that work.
Can't the Harvey or Legora team set this up for us?
The platform team trains your lawyers on the product. Your template set, your positions on each clause and the local-law answers the firm has given before still need writing down. We do that with your team in a Workflow and Playbook engagement, inside the platform you have.
Can't our own knowledge lawyers do this?
They can, if the partners free them from live financings long enough. We add that time, working next to the lawyers on their transactions.
Isn't this a job for a strategy house?
A strategy house sets the firm's direction on AI, and that has its place. We sit with one finance team on its live transactions and start from the documents it drafts most.
Will AI give the legal opinion?
No, the opinion is always given by a lawyer, whatever AI drafted first. The local-law judgement and the commercial position stay with your partners.
Pick a financing your team closed this year.
Tell us which documents your team drafted and which answers it had to look up. We go through it with you and mark where the firm's precedent could have helped. If more than one practice is asking, an AI Transformation Scan is the better first step.