If you are using an older version of AutoCAD and you are connecting to Vault 2012, you will need to install the Vault 2012 Client Update for AutoCAD 2011 or Vault 2012 Client Update for AutoCAD 2010.
http://usa.autodesk.com/adsk/servlet/ps/dl/index?linkID=9261341&id=2334435&siteID=123112#section1
In some instances, if the update has been applied and you get this error:
AutoCAD 2011 Vault Addin is not compatible with the SERVERNAME hosting the following server applications:
Vault Server version 160.0.56.200
Vault Workgroup Server version 160.0.56.200
Vault Collaboration Server version 160.0.56.200
Vault Professional Server version 160.0.56.200
You will need to Uninstall your AutoCAD, restart and reinstalled AutoCAD & the Vault 2012 Client Update.
Thanks to Bryan Wood for sharing this tip.
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