# Page 5 | Closing Folders Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Page 5 - 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 5 - Reviews of Closing Folders

## Showing most helpful reviews

Showing 101-125 of 177 Reviews

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Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

SS

Suleiman S.  
Student-at-Law  
Law Practice  
Used the software for: Less than 6 months

### "Closing Folders Review"

February 26, 2021

4.0

I very much enjoy using this program and will continue to do so when I can. It saves clients a tremendous amount of time. The learning curve to using closing folders is quite steep so I would like to see more tutorial videos for it.

Pros

The signature package functions are fantastic. The variables function is also a great tool.

Cons

The inability to delete previous versions of documents without having to delete more recent versions of the same documents. The inability to edit document in closing folders in real time. I believe this option should be implemented as a function.

Review Source

VR

Verified Reviewer  
Corporate Paralegal  
Information Technology and Services  
Used the software for: 1-2 years

### "Closing Folders Saves Time"

March 30, 2021

5.0

I really enjoyed using it while I had access to it!! Definitely would recommend.

Pros

It's the best for putting together closing books and for organizing all the transaction documents for signing.

Cons

There's no undo button which makes it kind of annoying when you make a mistake and just want to press a quick button to go back.

Review Source

VD

Vinay D.  
Lawyer  
Law Practice  
Used the software for: 1-2 years

### "Excellent tool for M&A lawyers"

December 20, 2019

5.0

A lot easier closing a transaction with this software! Clients are happy at how quickly we can compile documents and provide a closing book for them.

Pros

Closing Folders makes any M&A much more manageable and ensures closing binders are well put together.

Cons

Problems linking directly to our document-saving system (DM). I understand it will be better intergrated with iManage.

Review Source

MN

Mike N.  
Lawyer  
Law Practice  
Used the software for: Less than 6 months

### "The Value in Time Saved is Immense"

December 19, 2019

5.0

As the junior on the file, I estimate that my time spent on closing tasks is reduced by 30-70% through the software's automation. Certain repeatable tasks like generating signature packages, uploading signed pages, mass data input (i.e. variables) and final document compilation are virtually eliminated.

Pros

Every aspect of closing is made easier with this software. Signature pages, sharing versions of closing documents and general file/process management.

Cons

There is no interface with our document management software, so version control can be an issue.

Review Source

RM

Rehman M.  
Corporate Associate  
Legal Services  
Used the software for: 2+ years

### "Closing Folders Review"

June 29, 2020

5.0

Pros

Easy to use and integrated extremely well with my existing business processes

Cons

The ability to download documents could be improved, perhaps in bulk download mode.

Review Source

TV

Tammy V.  
Legal Assistant  
Legal Services  
Used the software for: Less than 6 months

### "Great product!"

September 18, 2019

5.0

No more paper copies of documents are required so Closing Folders is more cost-effective for clients and more environmentally friendly. The results on a USB are more easily accessible and searchable as well.

Pros

Closing Folders is user-friendly and allows the sharing of documents between firms to make real estate closings easier and faster. The uploading of documents is quick, time efficient and in real time.

Cons

I wish it had a column in the index of the deals/transactions that had the email for each deal and a link.

Review Source

PN

Pascale N.  
Associate  
Law Practice  
Used the software for: 2+ years

### "Must-Have Product for Closings"

April 22, 2021

5.0

Customer service is available and responsive. The software is so easy to use and has now become a standard product that we use in most if not all closings.

Pros

This product has made coordinating closings, including collecting signature pages, so simple and seamless. It has significantly decreased the amount of time required for the administrative tasks related to closings. Highly recommend.

Cons

The software takes a longer time processing PDFs and sometimes does not recognize the correct signature pages, but it is always easy to rectify.

Review Source

AT

Amir T.  
Lawyer  
  
Used the software for: 1-2 years

### "Closing Folders has really helped us navigate one of the more difficult client files we have"

December 20, 2017

5.0

Pros

The ability to have a snapshot of years of transactions - in our most pressing file, we have needed to update amendment after amendment on varying loans. Closing Folders has made this possible

Cons

An app would be great! Otherwise, my only complaint is that this is not used more often within our industry.

Review Source

NL

Nathalie L.  
Adjointe juridique  
Law Practice  
Used the software for: 1-2 years

### "Facile, rapide et efficace ! J'adore"

July 14, 2021

5.0

Le temps ! Ce que j'adore de Closing Folders c'est la rapidité. Je me sauve tellement de temps ! J'adore !

Pros

La facilité de trouver l'information. La recherche des signataires, l'ajout des documents et reconnaisance.

Cons

Il manquait l'option d'ajout de document d'IManage, mais maintenant on a l'option et c'est super facile !

Review Source

MB

Mazen B.  
Articling Student  
Law Practice  
Used the software for: 6-12 months

### "Effective and efficient way to close deals and stay organized during a transaction"

May 7, 2018

5.0

Makes closings and post closings more efficient - I never have to dig through my emails for a document.

Pros

Use of learning technology that can detect signature pages and keep items organized. Also enjoy that the software is constantly developing and becoming better. Makes closing books, especially with the use of custom closing index templates, a breeze.

Cons

Can improve on some minor functionality points, but the constant development makes up for it and usually fixes these.

Review Source

DB

Denise B.  
Law Clerk  
  
Used the software for: 6-12 months

### "Love this software! It is an organizing dream. Transactions are more efficient with less mistakes."

December 12, 2017

5.0

Efficiency and fewer mistakes

Pros

The reporting process has saved hours of work time. Our team is more efficient and closing transactions are easier and more organized.

Cons

I would love to see an additional tab level . In addition, I find at time that I need to refresh in order to update other user changes.

Review Source

SC

Shauna C.  
Counsel  
Law Practice  
Used the software for: 2+ years

### "Closing Folders Review"

April 13, 2021

5.0

It has been very helpful for creating closing books and I appreciate the speed in which the closing folder team prepares the closing agenda.

Pros

I find the closing book feature the most useful. I am aware of colleagues creating coded templates for mass documentation production, which was an incredibly efficient manner in which to prepare and circulate documentation on a large scale in a short period of time.

Cons

I do not like that when a signature package is created it contains a closing folder code in the footer.

Review Source

VL

Veronica L.  
Legal Assistant  
Law Practice  
Used the software for: 6-12 months

### "Closing Binder"

July 25, 2022

4.0

Pros

I love the closing binder feature. Being an assistant, it is up to us to generate a closing binder once a deal is done and Closing Folders makes this extremely easy and the finish product is extremely professional.

Cons

I would like to be able to have the option of adding titles that are flush with the left margin. At the moment these are available under numbering (you can remove the numbers) but they are not flush with the margin.

Review Source

ET

Ernest T.  
Articling Student  
Law Practice  
Used the software for: 6-12 months

### "Great tool for file organization and coordination"

September 29, 2021

5.0

Great program overall. Makes coordinating files on deals (especially larger ones) extremely seamless.

Pros

I love how easy to use and convenient CF is and how it organizes documents and makes them available in the click of a few buttons.

Cons

I wish there was iManage or document management software integration (all files are uploaded locally).

Review Source

SS

SYDNEY S.  
corporate paralegal  
Legal Services  
Used the software for: Less than 6 months

### "First Time Experience with Closing Folders"

February 24, 2021

5.0

I am excited to complete my first project as I understand that I will be able to create an efficient, esthetically pleasing closing book for my transaction in a matter of minutes as compared to the usual 3 to 5 hours it takes to complete same.

Pros

The program is very user friendly. I have been able to navigate it without a lot of supervision.

Cons

I am still very new to the program, working on my first project, so I do not have any negative comments at this point in my experience.

Review Source

ES

Emilia S.  
Manager - Syndication & Administration  
Law Practice  
Used the software for: 2+ years

### "Approval of System "

February 4, 2020

5.0

Pros

The software is user friendly, intuitive and well organized.

Cons

We currently have no criticism of the software.

Review Source

GG

Glenda G.  
Legal Assistant  
Legal Services  
Used the software for: 6-12 months

### "Closing Folders"

July 28, 2021

5.0

Legal closings are so much smoother, no concerns about keeping track of signatories' executing of documents.

Pros

It is amazingly intuitive and covers all the bases needed for document uploading, syncing with DocuSign for clients' signatures, comparing updated versions, and syncing with indexes/tables of content

Cons

Indexes/tables of content cannot be updated within closing folders

Reason for choosing Closing Folders

I was not involved in this

Review Source

JE

John E.  
Associate  
Legal Services  
Used the software for: 6-12 months

### "John Ebbels Review"

May 12, 2020

5.0

Very positive. It has made the process of preparing a closing book far more streamlined.

Pros

The ease of use is a big positive. Closing folders is very easy to figure out, even for older partners who are not very technologically savvy. I also love its ability to instantly generate signature pages for any and all signatories, then reupload them to the proper documents. Makes life so much easier.

Cons

I do not like the cover page. I think there should be more customizable features for a cover page to a closing book. We have a Norton Rose Fulbright cover page, but I should be able to add and edit one of our stock photos because there is only the NRF logo on the cover page, the title of the closing book/transaction, then a ton of blank space below it. It looks unprofessional.

Reason for choosing Closing Folders

N/A

Review Source

AV

Alessandra V.  
Lawyer  
Legal Services  
Used the software for: Less than 6 months

### "Moderately Useful"

May 15, 2019

4.0

Prompt customer service

Pros

It makes compiling a losing book incredibly easy and I like it for compiling signature packages

Cons

It can be hard to upload new versions , because I cannot drag and drop from my e-mail or from our existing document management system. Moreover, I draft documents and store them in our document management system so they can be used by the entire firm. The difficulty with closing folders is that I have to update two places every time I make a change to a document (DM and Closing Folders). I also routinely have difficulty changing line items in my closing agenda on Closing Folders from "items" to headings. IT is annoying that you cannot promote a #'rd item to a "Heading". I have been forced to re-create the cell and then delete the one I do not need.

Review Source

JM

Jaskirt M.  
Law Clerk  
Law Practice  
Used the software for: 1-2 years

### "The best part is the closing books!"

February 24, 2021

4.0

Closing Folders have eliminated the multitude of hours spent on compiling closing books post-closing.

Pros

Closing Folders is very user-friendly. My personal favorite feature is the few clicks it takes to generate the closing book. It's also great for organization and closing agenda tracking purposes.

Cons

The signature match up is not the best. On bigger deals with 100s of different documents, I always have to manually match up signatures that takes a lot of time. Also, a lot of other firms don't use it and the one sided approach is not the optimal way to take advantage of the software.

Review Source

KS

Kenda S.  
Associate  
Law Practice  
Used the software for: 6-12 months

### "Great product. "

February 4, 2020

5.0

Excellent experience - certainly made the closing process a lot easier and cost effective for our team and client.

Pros

Ease of use and ability to facilitate a review of numerous closing documents and the ability to keep things organized. The ability to include as many parties/reviewers as needed. Being able to produce multiple record books for various audiences was amazing. I do not think I would run a deal without using Closing Folders - it seems to be a positive addition to any deal team, no matter the size.

Cons

It would be helpful to have more defined permissions - it would be good to have a broader range of permissions or even customization for permissions. Sometimes we only want someone to view documents, not view and download etc.

Review Source

CC

Cathy C.  
Assistant  
Law Practice  
Used the software for: Less than 6 months

### "Ease of using Closing Folders"

December 2, 2020

5.0

I like the fact that our document management system can be organized just like Closing Folders. I like the prompts when I upload documents.

Pros

I like the fact that it helps you along, I used this software four years ago but we only could upload draft documents as the other side was the administrator and did the bulk of the work. At that time with the limited work I did on the program, I advocated to the IT department and a number of lawyers and paralegals in the office that this was a product we needed to have. I am working on my very first solo project preparing a closing book for our client and already I am thinking of all the transactions we can use with Closing Folders, even internally.

Cons

Haven't found anything I don't like yet because I am just new to using it.

Review Source

DT

Dan T.  
Artcling Student  
Law Practice  
Used the software for: Less than 6 months

### "Review of Closing Foldes"

May 6, 2019

5.0

Amazing!

Pros

I particularly the enjoyed the user friendliness of Closing Folders and the capacity of the program to generate useful legal documentation whether that be signature page packages or closing books.

Cons

Perhaps the finality of the set up once you finalize a document. The uploading of signature pages can be a bit clunky and not as intuitive as well.

Review Source

AL

Andrew L.  
Transaction Services Specialist  
Legal Services  
Used the software for: Less than 6 months

### "Work well for what it is needed for"

December 23, 2019

3.0

Pros

This software makes it extremely easy for keeping track of documents and the execution of the documents. It is also useful for multiple people to be working on the same deal at the same time.

Cons

There seem to be many functions that could be completed in bulk, but at this point we have to take a long time to complete functions individually.

Review Source

RS

Reza S.  
Articling Student  
Law Practice  
Used the software for: Less than 6 months

### "Closing Folders Review"

September 25, 2019

5.0

I've had a great experience using closing folders - all the documents are kept in one place and when it comes time to close and create closing books - it takes no time at all.

Pros

The software is fairly intuitive and easy to use. It quickly recognizes signature pages and flags things when you may be making a mistake.

Cons

It doesn't allow you to compare/blackline PDFs.

Review Source

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