P2P

Fall25-2

Peer to Peer: ILTA's Quarterly Magazine

Issue link: https://epubs.iltanet.org/i/1540097

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74 T ransactional work has always been the backbone of corporate law practice. From mergers and acquisitions to commercial contracts, lawyers are tasked with reviewing and negotiating agreements that often run hundreds of pages, laden with definitions, cross-references, and clauses with significant business implications. Clients depend on their lawyers not only to execute deals but also to anticipate risks, ensure consistency, and deliver insight that protects their interests. But in 2025, client expectations have shifted dramatically. Corporations are under constant pressure to accelerate transactions, cut legal costs, and reduce the margin for error. They are scrutinizing invoices closely, demanding greater transparency into the value lawyers deliver, and benchmarking law firms against each other in terms of responsiveness and sophistication. As a result, late nights spent flipping through contracts, manually tracking edits, and reconciling changes line by line are simply unsustainable. UNLOCKING STRATEGIC GROWTH THROUGH TRANSACTIONAL LEGAL WORK BY KATHRYN LYE FEATURES

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