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Managed Legal Contracts Services

Contracts are the lifeblood of large organisations. Maintaining large volumes of these documents, however, can be easily mismanaged. The resulting inefficiencies cost businesses hundreds of thousands in revenue every year, slow down work and force in-demand lawyers to focus on administrative tasks. 

DWF’s Managed Legal Contracts Services aggregate all contract management services as an end-to-end outsourced managed legal service.  Alternatively, you can select the appropriate combination of services for your organisation, including the intake of legal work, matter triage, creation and management of templates and playbooks, drafting and negotiation of contracts, signing, storage, data analysis and obligation management. 

After more than 20 years of providing contracting services, we understand exactly what clients need and how we can save them money. We continuously improve our contracting services to reduce and minimise escalations, keeping items off your desk unless absolutely necessary. With preferred payment models, reduced inefficiencies and the ability to effectively use contract data, we can save your organisation large sums over time. To get started with your Contract+ journey, contact the team below.

DWF’s Managed Legal Contracts Services utilise a proprietary methodology for creating and negotiating contracts using optimised processes, “Best-Shored” resources and the finest technologies available. We provide lean and efficient contracting that is supercharged by technology and led by our subject matter experts.

Template standardisation and harmonisation

For large organisations, especially ones who have made acquisitions, simply coordinating contracts can be a struggle. When most agreements are not stored in a consolidated repository, central governance goes out the window. DWF reviews your standard templates to remove unnecessary points of friction, smooth out inconsistencies and simplify the language wherever possible. With all harmonised templates in one place, document maintenance becomes exponentially smoother.

Contract negotiation, redlining and storage

With templates harmonised and documents migrated into one source, what comes next? DWF’s global presence enables contract creation and negotiation to be done internationally. This “Best-Shore” model enables the project to be placed where it can be completed most efficiently and at the greatest value. The work is performed within strict guardrails and is both quality-controlled and quality-assured, meaning we can show you in words and numbers how accurate we are. Non-standard negotiation pushbacks and escalations are handled by qualified lawyers – we ensure all work is carried out by the right people, meaning you only pay for more senior resource when you really need to.

Contract technology consulting & implementation

Just as you wouldn’t buy a luxury car without knowing how to drive, we don’t implement any technology without first ensuring it is supported by the appropriate infrastructure. After your processes and tools are streamlined, we offer technology as an enabler. We can deploy several levels, including contract automation tools, to create standard form agreements safely in minutes, through to AI augmented review platforms with digitised playbooks.

Personalised playbooks

Every organisation is different. So are our solutions. We partner with you to design a personalised playbook for contract management. We will work on your contract lifecycle management platform (CLM) if you have one, or we are happy to provide or recommend one to you. We'll design and implement the full end-to-end service from initial instruction through to signature, storage, data analysis and obligation management in a repository with appropriate data tags.

Contact us

After more than 20 years of providing contracting services, we understand exactly what clients need and how we can save you money. We continuously improve our contracting services to minimise escalations, keeping items off your desk unless absolutely necessary. With flexible payment models, increased efficiencies and the ability to effectively use contract data, we can save your organisation large sums over time and provide the cost certainty you need. 

 
Remediation
Compliance processes are resource-intensive and critical to many regulatory requirements such as AML, FATCA, FCPA, Ring-Fencing, etc. Through process review and remediation, we successfully help you address and mitigate regulatory risks. Our solutions leverage technology to proactively identify your unknown risks and manage your Know Your Customer (KYC) obligations.
GDPR
GDPR has completely changed how organisations collect and store personal data. Fines for non-compliance can have a significant financial and reputational impact, but we ensure your business observes the necessary requirements with our GDPR compliance checks.
Regulatory Mapping
Our mapping solutions create regulatory risk management processes to ensure our clients’ obligations are correctly identified and met. These can be mapped to the business area/owner accountability in addition to identifying deadlines or reporting requirements.
Third-Party Review
Our comprehensive solutions enable Know Your Supplier (KYS) checks and the monitoring of relationships with individuals, entities and third parties to identify and mitigate risk. We review sanctions and negative business lists to provide actionable intelligence and ensure you are not exposed to financial penalties.

Learn more about how we can help your business

Managed Legal Contracts Services resources

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Insights

Contract Data Opportunities

With the uncertainty of a post-Covid market, companies are struggling with how to enhance revenue without increasing costs. However, there is an untapped internal resource, rarely accessed and analyzed, which could help companies overcome this conundrum: Contract Metadata.

 
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Insights

Contract Clause Negotiations

Contract+ adds process to proficiency to create a fully managed service.  We provide a team of lawyers and subject matter experts who have experience negotiating and redlining all types of agreements. 

 
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Insights

The end of traditional contracting?

Are we beginning to see visual, Plain English and SMART contracts starting to replace more traditional forms of contracting? Nadia Zegze talks about innovation in contracting and explores the scenarios that could be best suited to these new ways of contracting and the barriers to adoption. 

 

Latest Insights

Contact the Legal Operations team

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