Closd's blog

Based on the ongoing feedback we receive from our clients, we outlined the five main pain points transactional lawyers face when carrying out complex transactions.

Cyberattacks on networks, systems, data and hardware are extremely common these days, and they have skyrocketed in frequency in 2020. IBM’s 2020 Cost of a Data Breach Report shed light on the costs that breaches incur.

Overall, 2020 has been an exceptional year for Closd: We solidified our position in France and expanded in Europe, we launched key features to enhance our platform, and our client base grew by +200%. Here are some of the highlights of what we achieved this year.

The average volume of data held by companies jumped 40% between 2018 and 2020. However, these sensitive documents are still often stored on unsecured equipment. Here are 5 reasons you should invest in an archiving system with probative value.

Across the board, legal professionals that invest in legaltech perform better financially than firms that don’t. How do you evaluate the benefits a legaltech solution will bring your firm, both short and long term?

The Covid-19 crisis is accelerating digitalization for legal professionals. Grégoire Debit, co-founder of the legaltech company Closd - which allows deals to be carried out remotely - explains how some tasks can be simplified and automated in complete safety.

The Covid crisis has revealed the need for law firms and legal departments to digitalize rapidly and sustainably.

Carrying out transactions is mired in inefficiencies from end to end, but many of the pitfalls in the legal transaction process can be avoided. Legal transaction management software aims to mitigate these issues through automation, adding tremendous value to law firms.

The startup Closd, which enables transactions to be carried out remotely, has thrived in the last few months. Its CEO, Grégoire Debit, offers an optimistic view of the French legal tech market for both domestic and foreign legal actors.

Paris-based legaltech company Closd raised 600,000 € from business angels in the legal and tech sectors; it will offer its services for free until the end of April to help law firms and companies get through the crisis.