The following is an example of the savings that can be realized through document automation. More complex or simple documents would scale accordingly.
Assumptions
- Cost per hour of Lawyer doing Document Prep $250
- Time Spent Preparing Document (pre-automation) in Hours 4
- Time Spent Preparing Document (post automation) in Hours 1.33
- How Many Times in a Year You Prepare the Document 52
Totals
- Hours Spent in Document Preparation without Automation 208
- Hours Spent in Document Preparation with Automation 69
- Total Cost of Document Preparation without Automation $52,000
- Total Cost of Document Preparation with Automation $17,250
