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| CONTRACT REVIEW AND MANAGEMENT |
| Client: |
Technology Developer |
| Situation: |
Client Attorneys were spending their precious time in reviewing standard format contracts and negotiating standard terms. A large number of contracts were in an unorganized manner too |
| Methodology: |
Process was designed to streamline review of the standardized contracts and fallback options for standard negotiation terms were formulated. Team of lawyers created contract logbook with detailed fallback options and negotiation strategies. Existing contracts were sorted out to tag the relevant information and make it handy. |
| Result: |
A strategically designed contract work-flow system, leaving no room for mistake and delays. Timely review and managed repository left Client attorney’s enough bandwidth for other crucial tasks |
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