--- title: A COMPLETE GUIDE TO  LEGAL TRANSACTION MANAGEMENT (LTM) description: A simple sale of one company to another can require hundreds of documents, working together in an intricate web to effect a legally binding transfer of ownership.  --- - [Biglaw](http://abovethelaw.com/biglaw/) - [Small Law Firms](http://abovethelaw.com/small-law-firms/) - [Law Schools](http://abovethelaw.com/law-schools/) - [In-House Counsel](http://abovethelaw.com/in-house-counsel/) - [Evolve the Law](https://abovethelaw.com/legal-innovation-center/) - [eDiscovery](http://abovethelaw.com/ediscovery/) - [Government](http://abovethelaw.com/government/) - [Asia Chronicles](http://abovethelaw.com/asia-chronicles/) - [Bonuses](http://abovethelaw.com/bonuses/) - [Finance](http://abovethelaw.com/finance/) - [Energy](http://abovethelaw.com/energy/) - [CLE](http://abovethelaw.com/lawline-cle/) - [Career Center](http://abovethelaw.com/careers/) - [Job Listings](http://abovethelaw.com/jobs/) - [Law Firm Rankings](http://abovethelaw.com/careers/2015-law-firm-rankings/) - [Law School Rankings](http://abovethelaw.com/careers/2014-law-school-rankings/) - [Pre-Law](http://abovethelaw.com/careers/pre-law/) - [Law Students](http://abovethelaw.com/careers/law-students/) - [Lawyers](http://abovethelaw.com/careers/lawyers/) - [Law Firm Directory](http://abovethelaw.com/careers/law-firms/) - [Law School Directory](http://abovethelaw.com/careers/law-schools/) - [Law Firm Advances, Bonuses, Stipends](http://abovethelaw.com/careers/law-firm-advances-bonuses-benefits-stipends-for-first-years/) - [Send Tips](http://abovethelaw.com/send-tips/) - [Advertise](http://abovethelaw.com/advertise-on-above-the-law/) - [Events](http://abovethelaw.com/events/) - [About](http://abovethelaw.com/about/) - - - - [![](https://abovethelaw.com/wp-content/themes/abovethelaw-v2/images/logo-horiz-000.svg)](https://abovethelaw.com) - [Biglaw](https://abovethelaw.com/biglaw/) - [Small Law](https://abovethelaw.com/small-law-firms/) - [Law Schools](https://abovethelaw.com/law-schools/) - [In-House](https://abovethelaw.com/in-house-counsel/) - [Legal Tech](https://abovethelaw.com/technology/) - [Bonuses](https://abovethelaw.com/tag/bonus-news-alerts/) - [Government](https://abovethelaw.com/government/) - [Career Center](https://abovethelaw.com/careers/) - [Job Listings](https://abovethelaw.com/jobs/) - [Pre-Law](https://abovethelaw.com/careers/pre-law/) - [Law Students](https://abovethelaw.com/careers/law-students/) - [Lawyers](https://abovethelaw.com/careers/lawyers/) - [Law Firms Rankings](https://abovethelaw.com/law-firm-rankings/top-law-firms/) - [Law School Rankings](https://abovethelaw.com/law-school-rankings/top-law-schools-2019/) - [Law Firm Directory](https://abovethelaw.com/careers/law-firms/) - [Law School Directory](https://abovethelaw.com/careers/law-schools/) - [Law Firm Advances, Bonuses, Stipends](https://abovethelaw.com/careers/law-firm-advances-bonuses-benefits-stipends-for-first-years/) - [CLE](https://abovethelaw.com/lawline-cle/) - [Innovation](https://abovethelaw.com/legal-innovation-center/) ### **4 Do’s And Don'ts For when Adopting a Legal Transaction Management Solution** ## ![contract-4085336_1920](https://info.abovethelaw.com/hs-fs/hubfs/contract-4085336_1920.jpg?width=293&name=contract-4085336_1920.jpg) Legal transactions are complicated.  A simple sale of one company to another can require hundreds of documents, working together in an intricate web to effect a legally binding transfer of ownership.  Unfortunately, these webs of documents are only getting larger and more intricate. And these challenges are compounded by ever-decreasing timelines for deals to get done.  This is where LTM comes in.  Legal transaction management software provides a structured workflow that lets transactional lawyers automate away mundane, error-prone tasks they currently do manually.  Contrary to the recent hype cycle surrounding AI technologies that have failed to deliver sustainable value, **LTM software** represents a return to the basics of using software to augment human efforts.  Our friends at **iManage** have watched the space evolve over the last decade. They have channeled all of this experience into preparing this guide. Download their white paper today and in just a few short pages, you, too, will understand what **LTM** is, along with how it can simplify transaction management and the closing process. **By filling out the form you are opting in to receive communication* *from Above the Law and its Partners.** --- [![imanage_banner](https://info.abovethelaw.com/hs-fs/hubfs/imanage_banner.jpg?width=420&name=imanage_banner.jpg)](https://imanage.com/)   ### View Now! ### Our Sites - [![Above the Law](https://info.abovethelaw.com/hs-fs/file-2261636005-png/images/above-the-law.png)](http://abovethelaw.com/) - [![How Appealing](https://info.abovethelaw.com/hs-fs/file-2258009813-png/images/logo-how-appealing.png)](http://howappealing.abovethelaw.com/) - [![ATL Redline](https://info.abovethelaw.com/hs-fs/file-2261636010-png/images/atl-redline.png)](http://www.atlredline.com/) - [![Breaking Defense](https://info.abovethelaw.com/hs-fs/file-2258009798-png/images/breaking-defense.png)](http://breakingdefense.com/) - [![Breaking Energy](https://info.abovethelaw.com/hs-fs/file-2261625965-png/images/breaking-energy.png)](http://breakingenergy.com/) - [![Breaking Gov](https://info.abovethelaw.com/hs-fs/file-2258009803-png/images/breaking-gov.png)](http://breakinggov.com/) - [![Dealbreaker](https://info.abovethelaw.com/hs-fs/file-2261636015-png/images/dealbreaker.png)](http://dealbreaker.com/) - [![Fashonista](https://info.abovethelaw.com/hs-fs/file-2258009808-png/images/fashionista-logo.png)](http://fashionista.com/) -   © 2021 Breaking Media, Inc. 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