# Page 4 | Closing Folders Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Page 4 - Is Closing Folders the right Legal Document Management solution for you? Explore 177 verified user reviews from people in industries like yours to make a confident choice.

Source: https://www.capterra.com/p/265045/Closing-Folders/reviews

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Closing Folders

4.8 (177)

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Last updated March 13th, 2026

# Page 4 - Reviews of Closing Folders

## Showing most helpful reviews

Showing 76-100 of 177 Reviews

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Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

AQ

Alison Q.  
Legal Assistant (Corporate)  
Legal Services  
Used the software for: 2+ years

### "Makes Closings Easy"

December 16, 2020

5.0

I have always liked it, but I'm still finding it difficult to get my team members on board.

Pros

I like that the software has been updated, corrected and improved over the years. The functionality has greatly improved and completing a closing has become much simpler than it was when the software was first deployed at our firm. I particularly like the integration of DocuSign for signature packages. Adding signatures to the Closing Documents through DocuSign was like magic!

Cons

The function I dislike the most is the "mark as final" requirement. I understand this step may be essential, but it seems like "mark as final" and "finalize" are one and the same. When you're going through an entire Agenda to finalize documents, the two extra clicks (one for the drop-down and one for "mark as final" really add up!

Review Source

AB

Andrew B.  
Associate  
Law Practice  
Used the software for: 1-2 years

### "Love Closing Folders"

July 19, 2021

5.0

Pros

I love how easy it is to create signature packages and compile signature packages automatically. This saves me a ton of time and makes working on deals much more efficient.

Cons

The only thing I would suggest is being able to import an updated closing agenda an be able to maintain all of the documents. Updating the closing agenda after it has been imported can be a bit of a nuisance.

Review Source

sF

sarah F.  
Lawyer  
Legal Services  
Used the software for: 1-2 years

### "Junior Associate's Use of Closing Folders"

March 12, 2021

5.0

Life is so much easier compared to when I started and was managing all these documents via a PDF software/ internal document management software.

Pros

Managing closing documents, signatures and outstanding items. Preventing unnecessary email traffic is also a plus.

Cons

Version control. You also can't manage signatories in schedules of documents - you have to create a new line item. It would be great to have the same signatory features for schedules that require signatures/ variables to be rendered as well (so to decrease the number of items/ amount of scrolling one has to do to see everything).

Review Source

JS

Justin S.  
associate  
Law Practice  
Used the software for: 1-2 years

### "Great platform for efficient transaction record books"

November 4, 2020

5.0

Pros

The ease of creating, updating and revising a transaction book and the fact that it synergizes with DocuSign.

Cons

I wish the variables allowed greater flexibility (i.e. styling such as Bolding key definitions).

Review Source

GM

Geeth M.  
Associate  
Law Practice  
Used the software for: 1-2 years

### "Very Intuitive!"

May 21, 2020

5.0

Closing Folders has made it easier to be organized and to close a deal more smoothly.

Pros

The product is very easy to use. I was able to be up and running with little in terms of training. Closing Folders has greatly impacted and streamlined my practice. Creating signature packages is a breeze; the bulk blackline feature is fantastic; and creating closing books is faster than ever!

Cons

I haven't faced any major problems yet. I'm hopeful that opposing counsel would be able to access a closing folders site but I think that is an organizational restriction.

Review Source

VR

Verified Reviewer  
Associate  
  
Used the software for: 6-12 months

### "I am a corporate associate and I have used closing folders for several large and small transactions"

April 4, 2018

5.0

Pros

Organizes documents allowing me to easily see what is missing, signature page detection, and allows me to quickly and efficiently create signature pages

Cons

In ability to change the date, cannot download a set of finalized documents until I create record book, can be very particular re: signature names

Review Source

LS

Lava S.  
Legal Assistant  
Law Practice  
Used the software for: Less than 6 months

### "Closing Folders"

May 6, 2019

4.0

Its great to have book electronically where all added users can access the books whenever they need them. No worries about lost closing books.

Pros

I like the ease of being able to make changes to your closing book, adding, deleting documents, etc.

Cons

Not being able to change the formatting on index once completed, not being able to change what number the index numbering starts (we often create books for client that will be a continuation of a previous book and would like number to start after the last number of first book). When uploading docs from disks, it would be nice if the system could read the doc number in the title of the document to assign it to a document, rather than just reading the title name.

Review Source

TM

Terry M.  
Legal Assistant  
Law Practice  
Used the software for: Less than 6 months

### "Closing Folders Webinar "Saving Time with Closing Folders""

May 13, 2020

5.0

As my experience to date has been mainly creating closing books, I would like to say that this product is a real time saver. Everyone will love this.

Pros

As a relatively new user of Closing Folders, I found this webinar so very helpful and would recommend it as an overview of the basic functionality that this program can do before commencing the use of it. I had reviewed all the available videos in the Help Section but to see what it can do in an hour was most beneficial. It made a lot of sense and I would recommend everyone watch this before delving into the program.

Cons

It wasn't necessarily the software but in the training I had available to me. I also mentioned, I do not see the need to get an e-mail that my closing book was ready as I have to download it at the time of creating it. I also mentioned that I would like to see a search feature to show you what documents are still outstanding. When you have a really large transaction with hundreds of documents, it is too time consuming to have to look through them to see what is still outstanding and then keep track of those.

Review Source

ED

Emily D.  
Associate  
Law Practice  
Used the software for: 2+ years

### "Closing Folders - Almost perfect!"

September 30, 2020

5.0

I love Closing Folders and recommend it to everyone.

Pros

I like the intuitiveness and that is the closing agenda is built in and editable. I like that you can drag and drop to upload, and that emailing to a user anything on the agenda is easy. I also appreciate that is it collaborative, easy to organize and saves a ton of time and energy relative to a traditional in person or email closing.

Cons

I do not like that it isn't integrated with our iManage, which means I need to save documents locally before uploading. I'm hoping that will change! Otherwise, I wish there was functionality to date signature pages directly in the software instead of having to first date the documents in PDF converter and then upload.

Review Source

SG

Sean G.  
Partner  
Law Practice  
Used the software for: 1-2 years

### "Closing Folders"

November 2, 2020

4.0

Pros

It's easy to organize documents, and quickly sort to find what you're looking for.

Cons

Steep learning curve; Inability to chose file names for email updates.

Review Source

KE

Kimberley E.  
Practice Assistant  
Legal Services  
Used the software for: 2+ years

### "Closing Folders Review"

July 20, 2022

5.0

Satisfactory

Pros

I like how user-friendly the software is and how closing folders offers an array of customized training.

Cons

That we can only import word agendas as a word template, we cannot make any edits during the import process.

Review Source

JR

Jesse R.  
Lawyer  
Law Practice  
Used the software for: 1-2 years

### "This product aims to automate a process that should have been automated long ago."

April 15, 2018

4.0

The biggest benefit is to have a centralized 'live' agenda showing status of each item. This is especially helpful in the days and hours leading up to a complex closing.

Pros

A great interface and intuitive workflow means that new users can get comfortable with the product quickly. I do not worry about introducing this product on a deal where the other side has never used it, as I know they will get up the learning curve quickly enough and see the value added.

Cons

There are still kinks to work out in the signatures area: organizing, generating signature packages, importing and associating. Once this process is further refined, significant time will be saved at this step, which will add further value.

Review Source

VR

Verified Reviewer  
Intermediate Associate  
Legal Services  
Used the software for: 6-12 months

### "Review Closing Folders"

April 18, 2022

5.0

Good.

Pros

It permits lawyers to make more rapid closing in M&A transactions

Cons

That the closing agenda is only available to be downloaded in PDF and not in word.

Review Source

KA

Kim A.  
PA  
Legal Services  
Used the software for: 1-2 years

### "Closing Folders is Great"

July 14, 2021

5.0

Pros

the product is easy to use. Not too sure about the implementation.

Cons

Having to finalize and compile each document.

Review Source

VR

Verified Reviewer  
Summer Student  
Law Practice  
Used the software for: Less than 6 months

### "Closing Folders Makes Closing Books Easy"

August 7, 2018

5.0

I thoroughly enjoy using closing folders. It makes a deal very organized and creating closing books at the end of a deal easy.

Pros

I liked how easy it was to make changes to the agenda, documents, and closing books. This made fixing mistakes and updating closing materials efficient and easy. I also needed a closing agenda created in a rush and the team at closing folders was happy to accommodate me.

Cons

I found that the documents I uploaded do not always automatically match with the appropriate agenda item, but this can easily be resolved by choosing the item from the list provided.

Review Source

NB

Nooreen B.  
lawyer  
Legal Services  
Used the software for: 2+ years

### "Easy to use and extremely efficient"

January 27, 2022

5.0

Pros

Very easy to use, especially to compile signature packages

Cons

Nothing - i have been very satisfied with all aspects of the program

Review Source

RM

Rosalie M.  
Lawyer  
Financial Services  
Used the software for: 6-12 months

### "Closing Folders Review"

September 30, 2020

5.0

Pros

The most helpful feature is the signature pages package. This facilitates the process of sending signature pages to parties.

Cons

One feature that can be upgraded is the way to upload documents with our office database. We don't have IManage yet.

Review Source

JS

Johanne S.  
Practice Assistant  
Legal Services  
Used the software for: 1-2 years

### "Life changing for closing binders"

July 10, 2019

4.0

I was resistant at first, however I am learning more and more of its features and it has made what was an arduous task of creating closing binders a much simpler one

Pros

The ease with which I can create a closing binder and track the progress of finalized items throughout a transaction is life changing !

Cons

The fact that only those we add to t#he deal can view the documents can create problems at times where before we had saved everything in our electronic file system (DM)

Review Source

JC

Jennifer C.  
Associate  
Law Practice  
Used the software for: 6-12 months

### "Use Closing Folders to find order in chaos"

October 1, 2020

5.0

Using Closing Folders allows us to use our time on things that matter, rather than burning hours on low-value-add tasks like re-compiling PDFs and re-numbering documents. The use of Closing Folders makes a huge difference in how smoothly closing proceeds.

Pros

Aside from the obvious time saving benefits, Closing Folders streamlines the closing process significantly, giving the parties a centralized location where a number of individuals from each side are able to advance the closing agenda simultaneously while being able to review each other's work in real time. It also helps to maintain a high level of organization when a matter is moving quickly and thereby reduces opportunities for human error.

Cons

While there are occasional minor software glitches, the most glaring gap is the absence of an easy way to date documents within Closing Folders, therefore necessitating downloading all documents, dating, and re-uploading, which can be enormously time-consuming.

Review Source

DL

Danielle L.  
Associate Lawyer  
Law Practice  
Used the software for: 1-2 years

### "Your Organization Station"

August 14, 2019

4.0

Great.

Pros

Collaborative, always up-to-date, checkboxes/indicators to confirm items are compiled or show what is outstanding in a clear way. Customer support is friendly (had good experience with our rep, in particular)

Cons

Minor nit: the text editing function of the agenda items is finicky - sometimes it clicks into the item when instead I wanted to clear the text to make a note/comment.

Review Source

SM

Sabrina M.  
Associate  
Legal Services  
Used the software for: 1-2 years

### "A "Must-Have" for Legal Transactions"

April 22, 2022

5.0

Closing Folders is simplifying the sharing of information and documents over the course of a legal transaction and makes it much easier to generate closing binders once a transaction has closed.

Pros

Very easy to use and simplifies the tracking of transactional documents.

Cons

There are sometimes issues with compiling documents.

Review Source

CB

Caroline B.  
Executive Assistant  
Judiciary  
Used the software for: 2+ years

### "Time saver!"

February 19, 2021

5.0

Easy to use, save a lot of time dealing with the signed documents

Pros

The fact that we can be more than one working in the folder at the same time.

Cons

that the number of signator is set up for two only and that we can't put more than one document per item

Review Source

AM

Anna M.  
Law Clerk  
Law Practice  
Used the software for: Less than 6 months

### "First Time User"

July 24, 2019

5.0

Pros

The support team at Closing Folders is very helpful ! All communications are provided to you for ease of reference, and the Support Team will email you with a follow up summary. The Closing Folders program itself is amazing !. Closing Folders will increase your professionalism at a personal level, increase the level of service you provide for your firm, and also save you an incredible amount of time tracking effective document controls throughout the entire closing process.

Cons

There is nothing to dislike about Closing Folders. As a first time user, if I didn't know the answer to a process within Closing Folders, there is a chat, there are video tutorials, and there is someone ready to walk you though it. Closing Folders is user friendly and it's just a matter of learning something new ... that will save you time and increase the effectiveness of your process and final Closing Documents presentation.

Review Source

MP

Michael P.  
Student at Law  
Law Practice  
Used the software for: Less than 6 months

### "Student at Law Review"

July 15, 2021

5.0

Its been great. the benefits are obvious. saves time, paper, and keeps you organized. Can be worked on by multiple people in real time. really effective product.

Pros

Product is easy to use and once you are taught how to use it and its features, it makes working on a deal quite easy. I like that there are videos that can teach you how to use features that you don't know. I also like that new versions of documents can be uploaded and broken off signature pages can still be used. saves lots of time

Cons

I was having issues with files failing to upload. I don't think it was becuase they were too big either. I contacted support to help me with this but they couldnt figure it out. because of this I was not able to upload the file to closing folders and had to add it seperately to my record book at the end. This added lots of time to what should have been a shorter project.

Review Source

VH

Vidushi H.  
Associate  
Law Practice  
Used the software for: 2+ years

### "Fantastic for complex legal closings!"

September 29, 2020

5.0

Pros

Using closing folders greatly simplifies the legal closing process in complex transactions. It's very easy to learn the various features and saves a lot of time.

Cons

I haven't had any issues with using the software.

Review Source

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