Contract Lifecycle Management

About

Provided by Factor

Factor focuses on solving for high-frequency complex transactional legal work. Within this area of focus, they bring experience in supporting, enabling, and transforming with the largest portfolio of complex contracting work in the market, and more than a decade of focused experience delivering contract negotiations, contract change and contract enablement services. 

Type of work handled:

•           Contracting Enablement: Encompassing contracting functional advisory services, such as designing and implementing scalable, responsive contracting ecosystems, as well as advising on ELS, contract data management frameworks, contracts-related legal technology, methodologies to enable contracting (template management, playbook development, workflow design), reporting and data analytics related to contracting workflow and process, and contracting related workforce planning, development, and augmentation. 

•           Contracting Execution: Managed services span contract review, negotiation, and contracting enablement services delivered on a design-build-operate model. Project-based services include contract analysis and repapering, M&A-related post-merger contracts integration, and specialized contract reviews such as netting reviews in financial institutions.

Categories of clients:

Financial Services, Technology, Life Sciences, Global Services Firms, And Industrials.