Remember that recent GE Medical Records TV advertisement in which a doctor asks his patient, “I wonder if you’ve ever been checked for cortical spreading depression?” – and then the camera pans out to a team of doctors sitting in the audience, who start confidently shouting out details from the patient’s medical history?
Imagine if you had a team like that which could readily supply the answers to all of your entity and ownership questions for every client you work with. When I saw that GE commercial, it made me immediately think of how some of Two Step’s law firm customers are enhancing their level of service by utilizing electronic entity and ownership records. Click here to see the GE video.
Perhaps you’re on the phone with a client and you need to know whether the company is a Delaware or a Massachusetts corporation. An attorney suddenly yells out: “They’re a Delaware S-corp. filed on March 10th, 2007!” Or, if you’ve ever filed the amendment to the charter to increase the authorized common stock for the growing stock option plan. Imagine a paralegal shouting: “Yes! We increased the common stock pool from 400,000 to 1 million shares on June 2nd, 2008!”
Maybe you’re dealing with a complex calculation, such as how many shares are held by a key employee who the company is considering terminating. A young associate does the math in a split second and yells out: “He currently holds 376,286 shares of common stock on an as-converted basis, including shares that have not yet vested, which represents 3.78% of the company on a fully-diluted basis!”
Apply the same scenario to any number of common questions that you’re faced with each day, and think about how much more productive you could be. Wouldn’t it be great if there was a team of lawyers and paralegals who scurried around looking for the answers you need to satisfy your clients’ inquiries or prepare that critical document – and those answers were fast, accurate and free?
Well, that’s the reality of electronic entity and ownership records. With Corporate Focus, leading law firms of every size are practicing client-focused legal service and delivering it in ways that increase their bottom line.
For example, Christopher Howard at Pierce Atwood, LLP loves how Corporate Focus allows Pierce Atwood attorneys to access important client information at a moment’s notice. As he explains in this user story: “I think the power of Corporate Focus emerges when you’re at a critical juncture and you have access to all your corporate records in one place–rather than having to pull out a series of paper records or spreadsheets. The productivity piece really becomes clear when you don’t have associates scrambling around trying to reconcile records or find what they need.”
Just imagine a day when your clients’ entity and ownership records are in one secure place, easily accessed by every attorney, paralegal and even selected clients. And the answers you seek are available to you instantly – much like the doctor in the GE commercial. You could provide your clients with significantly faster response time and lower their legal bills, all leading to increased satisfaction and more business for your firm. In other words, everybody wins.
The fact is that electronic entity and ownership records are already here, and the future of legal efficiency is now. Shouldn’t you be a part of it?
Watch an online demonstration of Corporate Focus if you’d like to learn more.