This article explains what to expect during the legal review step of a Shoobx workflow.
Once a company representative starts a workflow, they will select the specific terms necessary to generate the documents. Once they have entered the necessary terms and have passed the checkpoint, you will receive a link in an email that will take you to your Shoobx account to review the document.
How to Edit the Documents You are Reviewing
If your first instinct is to download the PDF document and redline it, you're not alone. But Shoobx works differently than Word. Instead of downloading the PDF and trying to edit that, you'll click "Edit" and actually change the terms and words. If you have any trouble editing things, reach out to firstname.lastname@example.org and someone will assist you.
Don't hesitate to make final changes directly in the document- the other side can always read your changes and reject/confirm them.
Once you click "Edit Document," you can edit section by section. Most lawyers choose to click on the first section, then click "Next Section" to visit each subsequent section in order. You can also override a section or add a section or delete a section. For more instructions on how to edit, please look at our Editing Shoobx Documents article.
You might see things like blank fields, which are completely normal and don't need to be edited out. They will be filled in later. Please read more about blank fields in our Blank Fields in Shoobx Documents article.
Signature blocks also may not be set yet at this stage. If you're dealing with a more complicated workflow like an equity financing, the signature blocks will be set later when the investor logs in and provides the information regarding their entity/fund/etc. that will populate the signature block. Although signature blocks vary from workflow to workflow, you can read more about the specifics of an equity financing workflow in our article that explains how signature blocks get set in the equity financing process.