10 AI Use Cases & Prompts for a Corporate Legal Context

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With Fides, it all comes together in the legal department

The legal department is our power user, enabling the entire organization to collaborate more efficiently using Fides to manage governance topics.

General Counsels at Leading Companies Already Trust Fides

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Fides serves as the Interface for all Stakeholders Involved in Corporate Governance Processes

Besides the legal and finance departments, also Management and Board Members collaborate in Fides.

Timeline Background
📥
Transaction requiring approval
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Legal Counsel
Legal Counsel
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📑
Draft cicular resolution
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General Counsel
General Counsel
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Review
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CFO
CFO
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✍🏼
Signature
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📂
Folder
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By being connected to all departments Fides accelerates processes, makes information transparent and documentation more secure.

What customers say

Industry

IT Services

"Tracking approval-mandatory decisions with Fides is simpler, faster, clearer, and most importantly, more transparent for all stakeholders. It allows me, as the General Counsel responsible for corporate governance, to sleep more peacefully - a win-win for everyone!"

Dr. Jan Bünnemeyer

Dr. Jan Bünnemeyer

Group General Counsel

Company

Before Fides

  • Decentralised drafting and filing of resolutions
  • High effort to remind everyone to sign a resolution
  • Complicated manual work to calculate the votes

After Fides

  • Central filing and template-management
  • Automated reminders to stakeholders
  • Structured overview of all votes and the final voting result

General Counsels appreciate Fides Particularly for the Following Benefits

Time Savings and Simplified Processes

Through automation, legal templates and less outsource advice needed

Process Transparency and Control

Single source of truth for ongoing corporate processes, documents, deadlines, and tasks

High-value Tasks get more Attention

Increased added value for the legal department by reducing administrative tasks

Compliance and Secure Audit Trail

Standardization of processes and templates ensure compliance including a secure audit trail

Optimizing Efficiency in Legal Departments

Conserving Personnel Resources for High-Value Task Allocation

Resolutions

Meetings

Entity Management

Before Fides

  • Enormous amount of time required for manual creation, distribution and signature processes

After Fides

  • Automation during creation, dispatch to stakeholders and signature collection, filing and informing relevant recepients
  • Time savings due to accelerated processes

Average Workload

225

Hours

46

Hours

Potential savings through Fides

-79,6%

Fides is not Just a LegalTech Tool - we are also a Community for Counsels

Circle of Counsels

The community for digital-savvy in-house counsels

The Circle of Counsels is our monthly series of events where digital-savvy in-house counsels and managers can network locally, share knowledge and discuss current challenges.

Cirlce of Counsels

Are you prepared to save time and reduce stress?

We look forward to making your life easier.

Ready to save time and nerves?

Instantly book a personalized demo and discover the magic of Fides for yourself.

Fides Technology GmbH
Luisenstraße 51
80333 Munich, Germany
hello@fides.technology
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