Oslo, Norway (15th April 2019): Workshare, market-leader in secure enterprise file sharing and collaboration applications, announces that Wiersholm, one of the largest and most prestigious Norwegian law firms, is to adopt its transaction management platform, Workshare Transact.
Workshare Transact enables legal teams to run complex transactions through a secure online platform. Participants can connect to the workspace and interact directly with the files needed for the closing, review their status and check the deal progress, from a central online checklist. The deal closing is more organized, transparent and efficient for all parties compared to traditional closings, run fully through email.
The implementation of the Transact technology shows Wiersholm’s innovative approach towards its clients, providing them with the highest quality service. The firm has a strong drive for ensuring efficiency across its practices, with high-value transactions being a major component of the firm’s portfolio.
"Our goal is to maximise the amount of time our lawyers spend on the value they can add to the deal as lawyers. Reducing the administrative burden of managing the CP documents allows our lawyers to use their time more effectively and provide high-quality service to our clients,” said Atle Gabrielsen, partner of Wiersholm.
"We are delighted to extend the reach of our services in the Nordics by partnering with Wiersholm, one of the most influential firms in the region,” said Michael Garret, CEO of Workshare. “Our mission is to build a simpler, more collaborative process for our customers and their counterparts at every step of the deal process. The ability to collaborate seamlessly, yet securely, is fundamental to productivity."
Workshare is dedicated to helping legal professionals compare, protect and share their high stakes documents. First established in 1999 with the advent of DeltaView, Workshare continues its heritage of developing and releasing intelligent technology focused on the comparison, protection and sharing of high stakes documents.
Wiersholm is one of Norway's largest law firms with 180 lawyers and 80 other employees. We cover the need for legal assistance in business and industry and offer highly skilled lawyers who provide value-creating solutions based on comprehensive commercial and industry insight. With our long legal tradition and broad experience, we are pushing the business law ceiling. Today we use new platforms and digital tools that enable us to work more efficiently and create completely new solutions, tailored to our clients' needs.