A document management system is the equivalent of a factory assembly line for law firms. In these firms, documents are the raw materials that feed their business transactions.
Drafting a complex contract that runs into hundreds of pages will typically take months of collaborative work. A document management system using the computer's potential plays a critical part in keeping track of things and making up to date information available whenever needed.
A report from NortonRose Australia that provides corporate legal services mention about the evolution of their document management system. The firm is now centralizing its databases which were formerly located at the different offices of the firm.