Lawpath Product Update (June 2021)
Lawpath's latest features and updates for June 2021 including our first move towards live document collaboration through Lawpath Teams, our new ASIC Compliance Plan & an upgrade to our company dashboards
In June 2021 we saw the initial release of Lawpath Teams, a feature designed to enhance document collaboration and visibility. We’ve also seen the addition of unlimited sharing invites for your company dashboard. Finally, we’ve launched our ASIC Compliance Plan, helping small businesses submit unlimited company changes and automatic renewals for one low yearly fee. Read this article for more information and how these updates will positively impact your business.
Lawpath Teams – and more coming soon…
Our headline release of June 2021 is Lawpath Teams – the number one legal document management system. Including real time collaboration, document progress tracking and user visibility. There are two key benefits attached with this release.
1. Subscription Sharing
All users that are on an annual subscription can invite three individuals of their choosing to join their existing company. Once shared, these individuals then become “team members” and will have the same benefits as someone on an annual Essentials plan – accessing 300+ legally binding documents, eSignature and discounted legal quotes from the Lawpath Lawyer Marketplace. You can now add users to your company team by clicking here.
It’s worth noting that each account attached to a company is regarded as a separate entity. Meaning that any documents created on that account are private until shared.
2. COMING SOON – Real Time Document Collaboration & Visibility
This release will be a game-changer for how you take care of your legals. We’ve got some exciting features due to release over the coming weeks, including real time document collaboration with your team members.
ASIC Compliance Plan
As a company owner, the last thing you want to think about are the annual company renewals and the lengthy process around company changes. No stress, Lawpath’s ASIC Compliance Plan is here to help. For only $42/month (billed annually at $495) get all this taken care of by us:
- Appointment of Lawpath as company ASIC agent
- Unlimited company changes with ASIC
- Assistance with your annual company renewal
- Dedicated support from an account manager
For context, Lawpath currently processes EACH company change (eg: change of address) for a one off fee of $200 – $300 depending on complexity, and renewals for $169 + Government fees. The ASIC Compliance Plan will, thus, not only save you time, but also money – and further information can be found here.
Updates To Existing Features
Unlimited viewer invites for your Company Dashboard
This month we’ve also added a feature to our Company Dashboard that was part of the Bring Your Own Business release last month. Any users on a Lite plan or higher are able to invite an unlimited amount of users to view their Company Dashboard. Whether you’re a startup wanting to show investors your current equity allocation or an accountant wanting to share their client’s dashboards for transparency – we’re sure this move helps you manage your legals easier.
N.B. companies registered without a Virtual Office before the 18th June 2021 will NOT be able to access this feature unless they wish to upgrade to a Virtual Office now
Ryan is the Digital Marketing Coordinator at Lawpath and works across the Marketing team. He is currently in his 3rd year of a Commerce degree at UNSW as a Marketing major. Ryan's interests lie in the use of technology in innovation to enable greater positive impact.