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Best Legal Transaction Management Software

Neya Kumaresan
NK
Researched and written by Neya Kumaresan

Legal transaction management software centralizes and streamlines the legal transaction process. Transactions can involve dozens of people and thousands of documents across multiple organizations. Legal transaction management solutions act as the central repository and source of truth for all documents related to a particular transaction.

Legal teams responsible for facilitating a transaction use legal transaction management software to streamline the process of signing, sending, and updating documents. These tools streamline the process and produce a closing book for each transaction. All legal transaction management tools can handle flexible document signing regulations, but some tools can also handle non-flexible rules. Solutions in this category often provide transaction checklists as well as reporting functionality for a real-time view of the status of a transaction.

Legal transaction management software almost always integrates with e-signature software to provide in-solution digital document signing.

To qualify for inclusion in the Legal Transaction Management category, a product must:

Contain document management functionality
Facilitate document signing via e-signature
Produce a closing book for each transaction
Be designed for use by legal transaction teams

Best Legal Transaction Management Software At A Glance

Highest User Satisfaction:
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28 Listings in Legal Transaction Management Available
(250)4.3 out of 5
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1st Easiest To Use in Legal Transaction Management software
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  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    iManage Work is the industry’s leading document and email management application, empowering professionals to manage information more productively, securely, and seamlessly. We built iManage Work with

    Users
    No information available
    Industries
    • Legal Services
    • Law Practice
    Market Segment
    • 48% Mid-Market
    • 30% Enterprise
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • iManage Work Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Ease of Use
    60
    Document Management
    49
    Intuitive
    23
    Email Integration
    22
    Search Functionality
    22
    Cons
    Learning Curve
    17
    Limitations
    15
    Document Management
    13
    Learning Difficulty
    10
    Needs Improvement
    9
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    iManage
    Company Website
    Year Founded
    2015
    HQ Location
    Chicago, Illinois
    Twitter
    @imanageinc
    2,751 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    1,168 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

iManage Work is the industry’s leading document and email management application, empowering professionals to manage information more productively, securely, and seamlessly. We built iManage Work with

Users
No information available
Industries
  • Legal Services
  • Law Practice
Market Segment
  • 48% Mid-Market
  • 30% Enterprise
iManage Work Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Ease of Use
60
Document Management
49
Intuitive
23
Email Integration
22
Search Functionality
22
Cons
Learning Curve
17
Limitations
15
Document Management
13
Learning Difficulty
10
Needs Improvement
9
Seller Details
Seller
iManage
Company Website
Year Founded
2015
HQ Location
Chicago, Illinois
Twitter
@imanageinc
2,751 Twitter followers
LinkedIn® Page
www.linkedin.com
1,168 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Litera has been a global leader in legal technology for 25+ years, helping legal teams work more efficiently accurately, and competitively. As a leader in document workflow collaboration, and data man

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 53% Small-Business
    • 33% Mid-Market
  • Seller Details
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  • Seller Details
    Year Founded
    2001
    HQ Location
    Chicago, Illinois
    Twitter
    @LiteraMicro
    1,648 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    1,352 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Litera has been a global leader in legal technology for 25+ years, helping legal teams work more efficiently accurately, and competitively. As a leader in document workflow collaboration, and data man

Users
No information available
Industries
No information available
Market Segment
  • 53% Small-Business
  • 33% Mid-Market
Seller Details
Year Founded
2001
HQ Location
Chicago, Illinois
Twitter
@LiteraMicro
1,648 Twitter followers
LinkedIn® Page
www.linkedin.com
1,352 employees on LinkedIn®

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(161)4.6 out of 5
Optimized for quick response
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  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Ansarada provides secure, purpose-built software solutions for managing critical projects such as M&A, capital raising, restructures, and infrastructure procurement. Our industry-leading Virtual D

    Users
    • Investment Banking Analyst
    Industries
    • Financial Services
    • Investment Banking
    Market Segment
    • 35% Enterprise
    • 33% Small-Business
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • Ansarada Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Ease of Use
    30
    Customer Support
    18
    Intuitive Use
    13
    Features
    11
    Functionality
    7
    Cons
    App Functionality
    5
    Expensive
    5
    File Management
    5
    Inadequate Reporting
    3
    Slow Performance
    3
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    ansarada
    Company Website
    Year Founded
    2005
    HQ Location
    The Rocks, Sydney, NSW
    Twitter
    @ansarada
    1,569 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    182 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Ansarada provides secure, purpose-built software solutions for managing critical projects such as M&A, capital raising, restructures, and infrastructure procurement. Our industry-leading Virtual D

Users
  • Investment Banking Analyst
Industries
  • Financial Services
  • Investment Banking
Market Segment
  • 35% Enterprise
  • 33% Small-Business
Ansarada Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Ease of Use
30
Customer Support
18
Intuitive Use
13
Features
11
Functionality
7
Cons
App Functionality
5
Expensive
5
File Management
5
Inadequate Reporting
3
Slow Performance
3
Seller Details
Seller
ansarada
Company Website
Year Founded
2005
HQ Location
The Rocks, Sydney, NSW
Twitter
@ansarada
1,569 Twitter followers
LinkedIn® Page
www.linkedin.com
182 employees on LinkedIn®
(11)4.6 out of 5
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Entry Level Price:£70.00
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Zegal is a comprehensive, user-friendly CLM platform to streamline contract creation, negotiation, and execution. Users can effortlessly collaborate with team members and external parties, while custo

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • Zegal Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Document Management
    2
    Accessibility
    1
    Automation
    1
    Centralized Management
    1
    Helpful
    1
    Cons
    Document Management
    1
    User Interface Issues
    1
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    Zegal
    Year Founded
    2013
    HQ Location
    Causeway Bay, HK
    Twitter
    @getzegal
    1,563 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    40 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Zegal is a comprehensive, user-friendly CLM platform to streamline contract creation, negotiation, and execution. Users can effortlessly collaborate with team members and external parties, while custo

Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
Zegal Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Document Management
2
Accessibility
1
Automation
1
Centralized Management
1
Helpful
1
Cons
Document Management
1
User Interface Issues
1
Seller Details
Seller
Zegal
Year Founded
2013
HQ Location
Causeway Bay, HK
Twitter
@getzegal
1,563 Twitter followers
LinkedIn® Page
www.linkedin.com
40 employees on LinkedIn®
(10)4.2 out of 5
Optimized for quick response
Save to My Lists
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Improve collaboration and engagement. Increase productivity and efficiency. Streamline project and matter management. HighQ helps you work smarter, faster, and simpler. From document management to wo

    Users
    No information available
    Industries
    • Legal Services
    Market Segment
    • 50% Mid-Market
    • 30% Enterprise
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • HighQ Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Ease of Use
    5
    Customization Options
    3
    Document Management
    3
    Automation
    2
    Comprehensive Information
    2
    Cons
    Access Limitations
    1
    Data Management
    1
    Difficult Learning
    1
    Difficult Setup
    1
    Document Management
    1
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Company Website
    Year Founded
    2008
    HQ Location
    Toronto, CA
    Twitter
    @thomsonreuters
    152,808 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    34,134 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Improve collaboration and engagement. Increase productivity and efficiency. Streamline project and matter management. HighQ helps you work smarter, faster, and simpler. From document management to wo

Users
No information available
Industries
  • Legal Services
Market Segment
  • 50% Mid-Market
  • 30% Enterprise
HighQ Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Ease of Use
5
Customization Options
3
Document Management
3
Automation
2
Comprehensive Information
2
Cons
Access Limitations
1
Data Management
1
Difficult Learning
1
Difficult Setup
1
Document Management
1
Seller Details
Company Website
Year Founded
2008
HQ Location
Toronto, CA
Twitter
@thomsonreuters
152,808 Twitter followers
LinkedIn® Page
www.linkedin.com
34,134 employees on LinkedIn®
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Goodlegal is a platform created for the need of being able to create a pre-built legal ops technical framework, that also allows the ability to design your legal operations through this modular platfo

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • Goodlegal Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Ease of Use
    5
    Legal Services
    5
    Customer Support
    3
    Document Management
    3
    Centralized Management
    2
    Cons
    Initial Difficulty
    2
    Complexity
    1
    Learning Curve
    1
    Navigation Issues
    1
    Update Issues
    1
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    Goodlegal
Product Description
How are these determined?Information
This description is provided by the seller.

Goodlegal is a platform created for the need of being able to create a pre-built legal ops technical framework, that also allows the ability to design your legal operations through this modular platfo

Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
Goodlegal Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Ease of Use
5
Legal Services
5
Customer Support
3
Document Management
3
Centralized Management
2
Cons
Initial Difficulty
2
Complexity
1
Learning Curve
1
Navigation Issues
1
Update Issues
1
Seller Details
Seller
Goodlegal
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    BigHand Dictate is a law practice management software that helps busy legal professionals achieve more in less time. because it has developed a range of speech, workflow, document creation and process

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    BigHand
    Year Founded
    1996
    HQ Location
    London, England
    Twitter
    @BigHand
    1,575 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    401 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

BigHand Dictate is a law practice management software that helps busy legal professionals achieve more in less time. because it has developed a range of speech, workflow, document creation and process

Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
Seller Details
Seller
BigHand
Year Founded
1996
HQ Location
London, England
Twitter
@BigHand
1,575 Twitter followers
LinkedIn® Page
www.linkedin.com
401 employees on LinkedIn®
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    dealcloser is a transaction management hub for legal professionals that brings you and your clients together on a deal, transforming and modernizing the deal process. Client relationships are at the c

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Mid-Market
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    HQ Location
    Edmonton, Canada
    Twitter
    @dealcloserinc
    949 Twitter followers
Product Description
How are these determined?Information
This description is provided by the seller.

dealcloser is a transaction management hub for legal professionals that brings you and your clients together on a deal, transforming and modernizing the deal process. Client relationships are at the c

Users
No information available
Industries
No information available
Market Segment
  • 100% Mid-Market
Seller Details
HQ Location
Edmonton, Canada
Twitter
@dealcloserinc
949 Twitter followers
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    iManage Closing Folders automates the repetitive, often tedious tasks when closing deals, from creating checklists and managing versions, through to capturing signatures and creating final closing boo

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Enterprise
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    iManage
    Year Founded
    2015
    HQ Location
    Chicago, Illinois
    Twitter
    @imanageinc
    2,751 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    1,168 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

iManage Closing Folders automates the repetitive, often tedious tasks when closing deals, from creating checklists and managing versions, through to capturing signatures and creating final closing boo

Users
No information available
Industries
No information available
Market Segment
  • 100% Enterprise
Seller Details
Seller
iManage
Year Founded
2015
HQ Location
Chicago, Illinois
Twitter
@imanageinc
2,751 Twitter followers
LinkedIn® Page
www.linkedin.com
1,168 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Twitter
    @Lawpath
    1,918 Twitter followers
    LinkedIn® Page
    www.linkedin.com
Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
Seller Details
Twitter
@Lawpath
1,918 Twitter followers
LinkedIn® Page
www.linkedin.com
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Legatics is a legal transaction management platform that enables law firms and their clients to collaborate and close deals in an interactive online environment. With real-time permissioned checklists

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    Legatics
Product Description
How are these determined?Information
This description is provided by the seller.

Legatics is a legal transaction management platform that enables law firms and their clients to collaborate and close deals in an interactive online environment. With real-time permissioned checklists

Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
Seller Details
Seller
Legatics
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    SimplyAgree is a signature and closing management tool for transactional attorneys, streamlining the administrative tasks of a closing so your firm can focus on exceeding client expectations. Our soft

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Mid-Market
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    HQ Location
    Nashville, Tennessee
    Twitter
    @SimplyAgree
    143 Twitter followers
Product Description
How are these determined?Information
This description is provided by the seller.

SimplyAgree is a signature and closing management tool for transactional attorneys, streamlining the administrative tasks of a closing so your firm can focus on exceeding client expectations. Our soft

Users
No information available
Industries
No information available
Market Segment
  • 100% Mid-Market
Seller Details
HQ Location
Nashville, Tennessee
Twitter
@SimplyAgree
143 Twitter followers
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Spending Big Time and Big Money Preparing Important Documents

    We don't have enough data from reviews to share who uses this product. Write a review to contribute, or learn more about review generation.
    Industries
    No information available
    Market Segment
    No information available
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    HQ Location
    Core House, Westpoint Business Park,, Link Road, Ballincollig,, Cork, P31 E446, IE
    Twitter
    @bundledocs
    430 Twitter followers
Product Description
How are these determined?Information
This description is provided by the seller.

Spending Big Time and Big Money Preparing Important Documents

We don't have enough data from reviews to share who uses this product. Write a review to contribute, or learn more about review generation.
Industries
No information available
Market Segment
No information available
Seller Details
HQ Location
Core House, Westpoint Business Park,, Link Road, Ballincollig,, Cork, P31 E446, IE
Twitter
@bundledocs
430 Twitter followers
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Beautiful, simple value-based pricing to eliminate any doubts!

    We don't have enough data from reviews to share who uses this product. Write a review to contribute, or learn more about review generation.
    Industries
    No information available
    Market Segment
    No information available
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Twitter
    @ClientSherpa
    3 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    1 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Beautiful, simple value-based pricing to eliminate any doubts!

We don't have enough data from reviews to share who uses this product. Write a review to contribute, or learn more about review generation.
Industries
No information available
Market Segment
No information available
Seller Details
Twitter
@ClientSherpa
3 Twitter followers
LinkedIn® Page
www.linkedin.com
1 employees on LinkedIn®
0 ratings
Save to My Lists
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Our solution digitalizes the transaction process from end to end, making it more efficient, transparent, and collaborative. Designed by lawyers, Closd simplifies your workflow on an intuitive, easy to

    We don't have enough data from reviews to share who uses this product. Write a review to contribute, or learn more about review generation.
    Industries
    No information available
    Market Segment
    No information available
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Year Founded
    1970
    HQ Location
    New York
    Twitter
    @NexisSolutions
    1,290 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    10,492 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Our solution digitalizes the transaction process from end to end, making it more efficient, transparent, and collaborative. Designed by lawyers, Closd simplifies your workflow on an intuitive, easy to

We don't have enough data from reviews to share who uses this product. Write a review to contribute, or learn more about review generation.
Industries
No information available
Market Segment
No information available
Seller Details
Year Founded
1970
HQ Location
New York
Twitter
@NexisSolutions
1,290 Twitter followers
LinkedIn® Page
www.linkedin.com
10,492 employees on LinkedIn®