Management Information is the Key to Improving the Velocity and Value of Commercial Contract Review
Why Companies Need a “Playbook” to Outsource Commercial Contract Legal Review to an ALSP
In this fourth and final article in our series on commercial contract review and outsourcing we cover the importance of “management information” in contract review. When a company has access to the information it needs to assess and analyze its commercial contracts, and the means by which they move through legal review, it has the opportunity to better manage the entire process—creating more efficiencies and maximizing value for shareholders in the process.
Modern Secondments Offer Lawyers More Career Flexibility than Ever Before
In this third installment in our series on optimizing the review of commercial contracts, we address the issue of legal review of commercial contracts. At the core of legal review is ensuring that the right person with the right training is allocated contracts within the sweet spot of his or her expertise. From there, it’s all about having effective processes in place to move contracts through the system.
Allocation in Commercial Contract Review: How to Get the Right Work to the Right Resources
Modern secondments are allowing lawyers to achieve success in their legal careers while having the luxury of being independent, setting their own schedules, and focusing on what they do best. This flexibility, coupled with access to sophisticated work, has created an entirely new system of legal work that is paving the way for lawyers who want more options.
How Intake can Make or Break Your Company’s Commercial Contract Review Process
Having worked with corporate legal departments for nearly three decades, we’ve had an up-close-and-personal vantage point from which to observe the differences between departments that efficiently and effectively process commercial contract workflow and generate positive results for the business, and those that don’t.
Law School Applicants On The Rise?
Through years of experience helping corporations with their commercial contracts, we’ve developed a framework that allows corporate legal departments to build smart, synergistic commercial contract processes that save money, result in higher quality legal work, and create efficiencies.
When A Picture Speaks A Thousand Words
While we’ve seen law schools close, merge or suspend enrollment over the last few years, it’s not uncommon for many to assume that a legal degree has somewhat lost its luster. However, it seems we may be mistaken. The legal industry recently felt a glimmer of hope fueled by applicant data and new testing options.
Is Law School Making A Comeback?
If you are staring at a text message trying to decipher what the crazy looking emoji means but find yourself failing miserably, you’re not alone. The legal industry is right there with you for the time being. Attorneys have a challenging task when it comes to the interpretation of data, given the explosion of texting and social media. Add emojis and emoticons to that equation and many attorneys find themselves navigating unchartered waters.
After years of challenges and declining admissions, there may be a light at the end of the tunnel for law schools. Are more students are considering law school as a viable career option?