Contract Lifecycle Management - Global-wide
Band 2
What the Team is Known For
Factor has over 350 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.
Strengths
Factor has a very strong team committed to supporting us, above and beyond the regular requirements of their role. They have supported us in creating playbooks from scratch and bringing an outside-in view around processes and procedures. Their team leadership is also exceptional and, contrary to other firms we have dealt with, they ensure their employees have a good career path and work-life balance. The impact of this is very low rotation, which would then impact us as well having to re-educate new joiners on all our processes, playbooks and stakeholders, etc.
Factor has been able to provide resources quickly and adjust to our business needs.
The Factor team supporting our workstreams has had a low turnover rate, which allows the team to gain a deeper understanding of our workstreams and avoids it spending significant time onboarding new team members. Factor has internal tools and know-how that they're able to leverage to increase efficiency in supporting our workstreams, including AI tools and capabilities. It has a deep bench of professionals in many subject matter areas which allows it to take on new workstreams quickly and easily.
Notable practitioners
Varun Mehta is the firm's CEO, and Jessica Block is EVP and global head of the growth and transformation practice.