HighQ Product Overview
HighQ, a product from Thomson Reuters, is a comprehensive and integrated digital workspace designed to enhance the operations and efficiency of law firms, legal departments, and government legal entities. It combines advanced collaboration tools, robust security features, and automation capabilities to streamline legal processes and improve client service.
Key Features
Collaboration and Client Engagement
- Client Portals: Provide clients with 24/7 access to personalized legal information and resources, tailored to their specific matters, through secure and customized portals.
- Social Collaboration: Enhance team interactions with activity streams, wikis, blogs, user profiles, commenting, tags, and private messaging.
Security
- Essential Security: Ensure data protection with features such as two-factor authentication, dynamic watermarks, single sign-on, granular permissions, and customer-managed encryption keys.
- Comprehensive Activity Tracking: Monitor user activities and maintain detailed reports to meet rigorous security standards.
File Storage and Sharing
- Secure File Storage: Access and share files securely from anywhere, with seamless synchronization across mobile devices and desktops, ensuring up-to-date information is always available.
- Advanced File Management: Utilize features like file versioning, editing, and custom metadata to collaborate effectively on documents.
Virtual Data Rooms
- Centralized Document Management: Manage all relevant deal data in a single, secure location, facilitating efficient document collaboration and organization.
Automation Solutions
- Workflow Automation: Streamline processes by automating repetitive and manual tasks using trigger-based process automation, reducing administrative burdens and enhancing productivity.
- Document Automation: Automate document creation using ready-to-use templates, ensuring consistency, compliance, and faster turnaround times. HighQ also integrates AI technology to automate full-drafted documents and workflows.
Legal Project Management
- Task Assignment and Tracking: Improve project management with agile task management tools, including timelines, calendaring, and sophisticated legal project management capabilities.
- Shared Team Calendars: Increase team visibility for project milestones, deadlines, and upcoming meetings using advanced calendar tools.
Contract Lifecycle Management
- End-to-End Management: Automate manual processes in contract lifecycle management, allowing legal professionals to focus on strategic and value-added work. This includes managing obligations, pre-empting risks, and driving growth.
Data Visualization and Insights
- Configurable Site Dashboards: Create customizable project dashboards with status tracking, activity, and data visualization to make data-driven decisions.
- AI Integration: Leverage AI engines, such as Eigen’s AI, to classify documents, extract data, and integrate AI into workflows and processes.
Integrations
- APIs and Integrations: Benefit from mature APIs, native integrations, and apps with best-in-class solutions for AI, productivity applications (like Microsoft Office and Google Workspace), document management, electronic signatures, CRM, and more.
Plans and Customization
HighQ offers various plans tailored to different needs:
- HighQ Essentials: Ideal for document management and team collaboration, including security, file storage, and solution templating.
- HighQ Advanced: Suitable for project, portfolio, litigation, and transaction management, adding features like configurable site dashboards and task assignment tools.
- HighQ Premium: Best for workflow automation, including AI-based document analysis, data visualization, and optical character recognition.
Conclusion
HighQ is a powerful platform that enhances legal operations by providing a secure, collaborative, and automated workspace. It helps legal professionals streamline their workflows, improve client service, and focus on high-value, strategic work. With its robust security features, advanced automation capabilities, and customizable dashboards, HighQ is an indispensable tool for modern legal practices.