Contract Lifecycle Management | NewLaw

Cognia Law is well placed to aid clients seeking outsourced contracting capabilities. It has significant expertise in financial services work, as well as the technology, life sciences, industrials and retail sectors. Its permanent and contract lawyers range from newly qualified to senior lawyers with 20-plus years' experience.

In-house legal departments use Elevate's contract services for contract reviews, drafting, administration and template management. Elevate also assists with contracts issues in corporate transactions, disputes work and compliance reviews. Clients also benefit from Elevate's internal contract technology platform, ContraxSuite, which uses AI tools to perform volume-intensive review and analysis tasks.

Factor has over 600 lawyers and contracts specialists in the USA and Europe. Its services range from short-term regulatory repapering projects to longer managed services, and consulting on improving processes.

Integreon assists leading corporates with contract negotiation, drafting, review and analysis. Its delivery centres, including locations in the UK, the USA, India and the Philippines, directly support clients and act in partnership with law firms to provide contract services. Its team members have multilingual expertise and significant experience in third-party contract lifecycle management software.

QuisLex's contract management capabilities include contract review, analysis, drafting and negotiation, and its more than 1,000 lawyers work with clients on a global basis. Its clients include AmLaw 100 law firms and Fortune 500 companies. QuisLex also uses AI technology in its contract analysis process. Recently, the firm has developed QuisLexGPT, its contracts analysis and summarisation platform which has the functionality to use GPT-3.5, GPT-4 and/or Google's Bard large language models.

Herbert Smith Freehills assisted Metcash, an Australian wholesale distribution and marketing business, with its commercial contracts requirements. The team designed a workflow which created efficiencies and allowed for escalation of unusual or higher risk documents to the legal team.

Swiss-based Kalexius focuses on acting for clients in the financial services sector, including several high-profile European banks and investment firms. These clients rely on Kalexius for contract negotiation, renewal and remediation tasks. The firm also offers outsourced company secretarial and legal entity management services. The firm recently acquired the managed legal services business Lexoo, further strengthening its capabilities in this area.

Radiant Law is headquartered in the UK, with delivery centres in South Africa and Trinidad and Tobago. The firm specialises in commercial contracts work, and offers managed legal services as well as assisting with large-scale contract review and remediation projects.

International law firm Addleshaw Goddard assists its key clients with contract lifecycle management services, combining its legal expertise with technology and project management and process design experience. The firm works with a range of technology vendors to provide clients with a broad range of platform options, and can also help to create standardised templates, playbooks and precedents.

D2 Legal Technology assists various capital markets trade associations, including ISDA, ICMA and ISLA, with document digitalisation projects. In each case, the team helped to create clause taxonomies and clause libraries for these associations' standard-form contracts and related documentation.

KLDiscovery, which recently acquired Cenza, offers a wide range of contract lifecycle management capabilities, including contract drafting, redlining and data extraction, eDiscovery and managed document review, digital forensics and cyber incident response. The team is particularly experienced in contract migration exercises.

Mattersmith Limited advises clients in the insurance and investment management sector on cross-border mandates involving negotiating and managing IT, outsourcing, data contracts and pre-deal contracts, such as NDAs, engagement letters, reliance letters, and non-reliance letters.