[GolfyMcG]

One of the scenarios they describe - hiring documents - strikes me as a VERY limited value proposition. I can’t imagine someone paying a lawyer to review their hiring documents more than once. All of the associated documents (offer letter, non-disclosure, non-compete, assignment, stock options, etc.) are so easily automated with a basic eSignature tool like HelloSign. Our attorneys simply gave us template docs (billing very little time) and we’ve used them for dozens of employees and multiple due diligence processes. The actual ROI sounds minimal at best.

I can see this being more useful in a sales situation where you need to make concessions much more regularly and need flexibility in your legal documents. Depending on how hard Atrium is to configure, I suspect it could be a lower cost version of setting up Salesforce CPQ. However, you likely still want this process to be integrated into Salesforce at some point so you’ll have to do that separately still.

Also, the frequency of automating your financing docs is not very compelling. In my experience, your investors provide the term sheets and then you need to redline them back to them. The idea of scanning these types of documents to extract the meaningful data points is very cool (ie. Comparing valuations automatically across spreadsheets) but I would still say a manual review from an attorney is essential due to the risk/reward of missing some small item that isn’t conventional in a term sheet.

I’m curious if anyone here has used Atrium and has see a compelling ROI for your team?

[x0x0]

Yeah. Docusign is a little annoying but we also have the 5 variables (name/title/salary/options/start date) pretty well templatized.