(Provided, of course, that you update the links in the document by selecting the link and pressing F9. A hyperlink is activated by clicking it while pressing the Ctrl key, or by pressing the Enter key while the text cursor is positioned in the hyperlink. The advantage to adding links in this way instead of inserting the other file completely is that the original documents (the ones you are linked to) can be independently updated, and those changes are reflected in the document with the links. This process results in Word displaying the other file, but the INCLUDETEXT field is used instead of the actual text from the file. Word displays a menu of the different ways you can insert the document. Click your mouse on the pull-down arrow at the right side of the Insert button.If you are using Word 2000, 2002, or 2003, the process is just a bit different: Make sure the Link to File check box is selected.Specify a filename for the document you want inserted and linked.Word displays the Insert File dialog box. Position the insertion point where you want the document inserted and linked.If you are using Word 97, this is done in the following manner: These clauses may be stored in other documents and then be pulled into the contract as necessary. For instance, you might have a contract that has standard clauses in it. This comes in real handy if you are working with a document that needs to pull information from other documents. Besides being able to link information from other Windows applications into your document, you can link other Word documents to your current document.

How to hyperlink within a word document