Legitt Draft vs Traditional Contracting: A Time & Cost Comparison - Legitt Blog - CLM, Electronic signature & Smart Contract News

Legitt Draft vs Traditional Contracting: A Time & Cost Comparison

Legitt Draft vs Traditional Contracting

Contracts are at the heart of every business deal, defining obligations, protecting interests, and ensuring compliance. But for decades, the process of drafting, reviewing, and finalizing contracts has remained painfully slow, fragmented, and costly. The culprit? Traditional contracting workflows that rely on manual effort, scattered communication, and outdated tools.

Enter Legitt Draft, a next-generation AI-powered assistant built inside Microsoft Word. It’s transforming how teams manage contracts -speeding up turnaround time, reducing legal overhead, and enabling faster, safer decisions.

In this article, we’ll provide a clear time and cost comparison between traditional contracting and Legitt Draft. You’ll see just how much time you’re wasting (and money you’re spending) by sticking with the old way – and why now is the moment to upgrade.

Traditional Contracting: The Hidden Cost of Manual Workflows

Let’s break down a standard contract process in most organizations today:

  1. Drafting: A business user starts with an old contract, modifies it manually, and introduces inconsistencies.
  2. Review: The contract is emailed to legal for review – alongside dozens of other pending documents.
  3. Redlines: Legal sends back redlines via tracked changes in Word or PDF.
  4. Negotiation: Parties exchange files back and forth, often losing track of the latest version.
  5. Approval & Signature: Approvals are done over email, and signatures often come days later.

This cycle repeats for every agreement – sales, vendor, employment, NDAs, SOWs – and it’s inefficient at every stage.

Time Comparison: Traditional Contracting vs Legitt Draft

Here’s a side-by-side comparison for a typical 5-page contract like an MSA or SOW.

StageTraditional ContractingWith Legitt Draft
Drafting2–4 hours30–45 minutes (with AI suggestions and clause library)
Legal Review2–5 days<1 day (AI flags 80% of issues before legal sees it)
Internal Collaboration2–3 days (email chains, track changes)Real-time in Word with live editing and comments
External Redlines2–3 iterations over 1–2 weeks1–2 iterations over 2–3 days
Final Version & Signature1–2 daysSame day

Total Time:

  • Traditional: 7–15 days
  • Legitt Draft: 2–4 days

Time Savings: 60–80%

Now imagine running this process across 50 contracts per month – hundreds of hours saved.

Read More: Legitt Draft vs Spellbook legal for Contracts

Cost Comparison: Traditional Contracting vs Legitt Draft

Time is money. And contracting delays impact:

  • Sales velocity (deals close slower)
  • Vendor onboarding (delayed execution)
  • Legal costs (more manual review hours)
  • Risk exposure (from inconsistent language or missed clauses)

Let’s quantify the cost difference.

Example: 50 Contracts/Month

ItemTraditionalLegitt Draft
Avg. Time/Contract8 hours (business + legal)2.5 hours
Legal Cost @ $150/hr$600$200
Total Legal Spend/Month$30,000$10,000
Annual Legal Savings$240,000
Opportunity Cost from DelaysHighLow
Compliance RiskMedium-HighLow

With Legitt Draft, you reduce legal review hours by 60–70%, accelerate approvals, and reduce risk of disputes or renegotiations.

Where the Savings Come From

Drafting Acceleration

Instead of reinventing the wheel every time, Legitt Draft suggests clauses, detects missing sections, and speeds up structure – all inside Microsoft Word.

Traditional: Start from scratch or copy-paste from old contracts.
Legitt Draft: Use AI-enhanced templates and clause libraries that adapt to the contract type.

Reduced Legal Review

Legitt Draft’s AI flags risky language, non-compliant clauses, and missing boilerplate before legal even sees the draft.

Traditional: Legal reviews the full contract every time.
Legitt Draft: Legal reviews only deviations, saving hours.

Streamlined Version Control

No more emailing documents titled “Final_v3_EDITED_MK.docx”.

Traditional: Files passed around via email, introducing confusion and lost edits.
Legitt Draft: Auto-versioning, side-by-side comparisons, and one-click reversion.

Faster Collaboration

Legal, sales, and procurement teams can comment, suggest edits, and co-author in real-time—inside Word.

Traditional: Multiple platforms, miscommunication, delays.
Legitt Draft: Live edits, threaded comments, and shared visibility.

Fewer Errors and Disputes

Legitt Draft enforces clause standards and flags vague or contradictory language—before the contract is signed.

Traditional: Errors discovered after signing, often requiring amendments or leading to disputes.
Legitt Draft: Prevents mistakes from ever entering the contract.

Compliance & Risk Comparison

Beyond time and money, there’s another cost: non-compliance. With strict data, employment, and commercial regulations, missing a clause or using outdated language can trigger audits, lawsuits, or fines.

Risk FactorTraditionalLegitt Draft
Missing ClausesCommonFlagged automatically
Non-Standard LanguageFrequentHighlighted and replaceable
Version MisuseRiskyControlled via versioning
Incomplete Audit TrailOften lackingFull history and metadata
Legal Team WorkloadHighReduced and focused

Using Legitt Draft helps ensure every contract is compliant, traceable, and secure—saving your business from legal fire drills later.

Real-World Impact: From Weeks to Days

Here’s how different teams experience the change:

Sales Teams

Before: Wait 5–7 days for legal to approve a deal doc.
After Legitt Draft: NDAs, MSAs, and SOWs are reviewed and sent the same day.

Procurement

Before: Vendor onboarding delayed by redlines and approvals.
After Legitt Draft: Contracts are standardized, risk is flagged early, and vendors are signed in 48 hours.

Legal Teams

Before: Drowning in low-risk, repetitive contract reviews.
After Legitt Draft: Focused on high-risk exceptions and strategic work.

Adoption Without Disruption

One of the most underrated benefits of Legitt Draft is that it lives inside Microsoft Word. That means:

  • No platform switching
  • No re-training
  • No reformatting files
  • Immediate productivity

The adoption rate is high, the learning curve is low, and the payoff is immediate.

Conclusion: Legacy Contracting Is Too Expensive to Keep

Legal delays, manual versioning, missed clauses, and costly redlines—these are not the price of doing business. They are the price of not modernizing. The cost—in time, money, and risk—is too high.

Legitt Draft is the modern answer. It’s faster, safer, and smarter. And unlike most contract tools, it doesn’t force your team to change how they work-it simply improves what they already use.

Whether you’re scaling a startup or optimizing a legal department, the comparison is clear: Legitt Draft saves you time, money, and mistakes. It’s not just a better way to contract. It’s the only way forward.

Did you find this article worthwhile? More engaging blogs and products about smart contracts on the blockchain, contract management software, and electronic signatures can be found in the Legitt AI. You may also contact Legitt to hire the best contract lifecycle management services and solutions, along with free contract templates.

FAQs on Legitt Draft vs Traditional Contracting

How much time can Legitt Draft save on each contract?

On average, users report reducing contract turnaround time from 8–10 hours to around 2–3 hours. Drafting, review, and collaboration are all accelerated by AI-powered features like clause suggestions, real-time risk alerts, and smart version control. These time savings scale significantly with contract volume.

How does Legitt Draft reduce legal costs?

By automating clause validation and flagging common issues before legal review, Legitt Draft reduces the number of hours legal teams must spend on each contract. Instead of reviewing everything manually, legal only reviews red-flagged sections. This can cut legal costs by up to 60–70%.

Is Legitt Draft only useful for legal teams?

Not at all. Sales, procurement, HR, finance, and operations teams benefit as well. They can safely draft and edit contracts using AI guidance and clause libraries - without needing to wait for legal on every change. It empowers business users while keeping legal in control.

How does Legitt Draft help prevent contract errors?

Legitt Draft uses AI to detect missing, inconsistent, or risky clauses in real time. It ensures contracts follow company standards and regulatory requirements. This helps eliminate common human errors that can lead to disputes, compliance failures, or renegotiations.

What if I already have templates - how does Legitt Draft fit in?

You can upload your existing templates into Legitt Draft, and the system will enhance them with smart clause validation, AI suggestions, and collaboration features. Your existing workflow gets smarter, without having to start over.

How does version control in Legitt Draft compare to manual Word editing?

With traditional Word editing, users manually name and track file versions, often leading to confusion. Legitt Draft automatically tracks every version, who made changes, and when. You can compare versions, revert changes, and maintain a full audit trail.

Can I collaborate with others in real time using Legitt Draft?

Yes. Multiple users can co-author documents directly in Word. You can add comments, suggest edits, and assign review responsibilities - all with live syncing and no email back-and-forth. This makes internal and external collaboration seamless.

What’s the ROI for using Legitt Draft?

Most organizations see a return on investment within 1–2 months, depending on contract volume. Time savings, reduced legal hours, fewer disputes, and faster revenue realization all contribute to strong ROI. For high-volume users, annual savings can reach six figures.

Is Legitt Draft secure for handling confidential contracts?

Yes. It uses enterprise-grade security protocols including encryption, access control, and full activity logs. You can define permissions, control who edits what, and safely collaborate with external stakeholders - without compromising security or compliance.

Do I need to train my team to use Legitt Draft?

Minimal training is required because Legitt Draft lives inside Microsoft Word. Most users are up and running in minutes. For larger teams, Legitt offers onboarding, tutorials, and customer support to ensure smooth adoption and fast results.

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  • 2. Smarter Contracts
  • 3. Faster Deals

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