Contract Management

Corporations require large number of contracts to be reviewed and presented in easy-to-use matrix formats that provide them with a snapshot of key terms and obligations in their contracts. Sometimes, identification of deficient contracts (e.g., contracts that have expired, or are missing signature pages, etc.) becomes important.
The contract management services provided by Legatech contract team to corporations and law firms include:

• Contract drafting, reviewing, abstraction, summarization and negotiation
• Preparation of negotiation guidelines
• Ongoing contract maintenance in Contract Management Systems (CMS) software tools
• Contract Analytics
• Due diligence review/support
• Monitoring of licensing obligations
• Drafting of confidentiality & non-disclosure contracts

Our focus is on high quality support that saves time and costs. The services performed help in improving corporate controls and promote corporate governance, eliminate unpleasant surprises and enable identification of exceptions and hidden liabilities/obligations before they become expensive problems. The attorneys ensure an accurate synopsis of all the contractual obligations, offer the opportunity to compare key terms across different contracts, facilitate standardization of key contractual terms and assist in formulating consistent negotiating guidelines.