Q2 2025 Updates

Description: You can now automatically populate contract templates with data already stored in the Contract Artifact.

Why we're excited: This new functionality makes it faster and easier to generate repetitive contracts—saving time and reducing manual entry. It's a big win for legal teams looking to streamline contract requests from other departments, and thanks to our system’s flexible design, it was a smooth feature to implement.

Description: You can now link a Legal Service Request to any Artifact you have access to—including Contracts, Boards, Litigations, Licenses, Tax, and, of course, Matters.

Even better: Matching Custom Fields in a Legal Request can now sync directly with fields in the linked Artifact, helping to reduce double entry and improve data consistency across your workflows.

Fun Fact: This is a feature we use every day at Traact to manage our own contract request and review process—and we think you’ll love it just as much as we do.

Description: We’ve enhanced the Cap Table within Entity Management to automatically adjust its layout based on your entity type—so you see exactly what you need, without toggling or extra setup.

Why it Matters: Whether you're working with ownership-based entities or stock-based structures, the Cap Table now supports your workflow more intuitively:

For ownership-based entities: Easily manage members, partners, or managers; assign ownership percentages; and track capital contributions and assets.

For stock-based entities: Manage shareholders, define and assign stock classes, record transactions (like issuances, transfers, and conversions), and monitor equity changes over time.

Description: We’ve made it easier to navigate complex org charts! You can now search for specific entities and instantly highlight them—making it simple to find what you need and see how everything is connected.

Why we added this: When you're working with a large number of entities, pinpointing the right one can be tricky. This update helps you quickly locate specific entities and understand their relationships at a glance.

Description: You can now set custom reminders for your license and permit renewals—and choose to repeat notifications until the task is marked as done.

Why we're excited: Never miss a renewal deadline again! This powerful new feature helps your team stay compliant by keeping important deadlines front and center. No more missed renewals or last-minute scrambles.

Description: You can now create custom fields within the License Module to track specific details unique to your licenses and permits.

The Best Part: You can add these custom fields to the License Overview page to view key information across all licenses at a glance—and export the data when you need it.