Delegation to other functions
Legal teams are under constant pressure to cut costs and deliver more with fewer resources. One way in which they do this is by delegating de minimis responsibilities to other business functions, like procurement. Contract Counsel facilitates this shift by enabling an easily managed and standardised contract risk review process prior to signing whilst maintaining close collaboration with your legal team.
Reducing Repetitive Review
In-house legal functions often review hundreds of the same contract type weekly, absorbing a substantial amount of their time. Contract Counsel’s ability to analyse multiple contract types and receive on the job top-up training by your lawyers results in the algorithm being tailorable to the specific contracts you come into contact with frequently. It enables a ⅓ time saving in the review process; allowing your lawyers to focus on greater priorities.
