It could be done with a batch processing macro.
For some information on this sort of thing, see the article "Find &
ReplaceAll on a batch of documents in the same folder" at:
http://word.mvps.org/FAQs/MacrosVBA/BatchFR.htm

Signature
Please respond to the Newsgroup for the benefit of others who may be
interested. Questions sent directly to me will only be answered on a paid
consulting basis.
Hope this helps,
Doug Robbins - Word MVP
>I am trying to insert a disclaimer into a few hundred documents and I am
> wondering if there is some easier way to do it then by hand.