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Like many in-house legal teams, Fortescue routinely deals with contract negotiations that require comparisons. Their legal team needed a fast and efficient tool for complex legal document comparison. After looking at specialist software, Fortescue found Draftable Legal to be a high-performing document comparison solution with fair and transparent, cost-competitive pricing.
This case study explores Fortescue’s successful transition to Draftable Legal.
Fortescue is an integrated green technology, energy and metals company that is committed to eliminating emissions and developing the green solutions required for the world to step beyond fossil fuels.
As one of the world’s largest producers of iron ore, Fortescue ships at an annual rate of over 190 million tonnes with more than two billion tonnes of iron ore shipped since 2008.
By 2030, Fortescue aims to have their Australian iron ore operations running on green energy and achieve real zero terrestrial emissions (Scope 1 and 2). Separately, Fortescue have a net zero Scope 3 emissions target by 2040, addressing emissions across their entire value chain.
Fortescue’s legal team is often sent a version of a legal contract that has been amended either by commercial teams within the business or external counterparties. It is sometimes difficult to verify what changes have been made since the lawyers last sighted it, particularly if the contract has undergone multiple layers of tracked changes.
The team needed a solution that was fast, efficient and had the following features:
After investigating other specialist document comparison software, Fortescue discovered Draftable Legal and arranged a demonstration and free trial.
Fortescue found the trial and deployment process to be quick and easy. They were impressed by the simple installation guide and Draftable’s willingness to provide training and demonstrations.
The team appreciated Draftable Legal’s ease of use and seamless integration with key software including the Microsoft Office Suite and SharePoint. They also praised the time-saving features such as the ability to drag and drop files from anywhere (for example, from emails or files saved offline), and the time it saves when interpreting changes to documents sent from outside the legal team.
Switching to Draftable Legal has increased workflow speed and efficiency for Fortescue’s legal team, allowing the team to review and process amendments to legal contracts more effectively. The team now use Draftable Legal daily.
“Go ahead and reach out to the Draftable team. They are very helpful at answering any queries you may have and will allow you the opportunity to see the valuable software in action. Draftable has improved our team’s efficiency and hopefully, it can do the same for you.”
- Fortescue team
If your legal team needs a fast, efficient solution that can handle complex document comparisons, try Draftable Legal. You can take it for a test run with a free trial, or contact our experts to learn more about whether Draftable Legal is right for you.
“Go ahead and reach out to the Draftable team. They are very helpful at answering any queries you may have and will allow you the opportunity to see the valuable software in action. Draftable has improved our team’s efficiency and hopefully, it can do the same for you.”
- Fortescue team
