LegalEase Solutions subject matter experts review contracts to identify and extract relevant information such as:
Our team also configures standard reminders and notifications to monitor contracts for milestone dates, cycle time, compliance, and other critical parameters.
LegalEase Solutions contract lifecycle management solution identifies lapsed contracts, perpetual contracts, and contracts due for renewal. Our solution:
LegalEase Solutions generates contract playbooks at the beginning of every project. Throughout the contract review process, we update the processes and products in the playbook. The playbook contains all types of information relating to contract negotiation: sample and preferred versions of common provisions, fallback positions, checklists, approvals needed for exceptions, and the clause library. We review and update the clause variants at regular intervals or as and when required to suit client requirements.
LegalEase Solutions remodels the entire contract lifecycle, right from request to execution, and creates a new streamlined workflow for increased efficiency. Our team:
LegalEase Solutions works with its preferred partners to provide best in class technology for the enablement of its contract lifecycle management services.
LegalEase Solutions, in collaboration with the client, develops a detailed protocol for contract review, and risk identification and mitigation. As part of the contract review process, LegalEase Solutions team:
contracts drafted and reviewed
One of the largest bank holding companies in the United States needed to organize its voluminous contract inventory and redesign its contract management process, which was fragmented and driven by manual operations. LegalEase’s team of 60 attorneys accomplished these goals 10 days ahead of the client’s deadline.
The company needed a single repository and legal clause library to drive greater contract consistency and accuracy. It also needed to improve quality control of its contracting process and accelerate the contract lifecycle to improve profitability. LegalEase created a quality control process and proactively addressed 30% of contract abstraction errors in the client’s process.