Contract Lifecycle Management
NewLaw Guide 2024 : Global-wide
Band 2
About
Provided by Herbert Smith Freehills
Our Digital Legal Delivery (Digital) practice group has a range of products and services which are geared towards supporting clients to better manage their business contracts – from basic contract organisation and readiness, through to solutions which enable clients to "do more for less", manage risk, and unlock hidden value with data-driven decision-making – absorbing that burden on in-house teams, and streamlining to create efficiency and consistency.
Digital team members are experienced in supporting clients with contract lifecycle management mandates – providing both end-to-end support, or assisting with a defined step in the lifecycle. They can provide a full range of services in relation to the review (data capture or RAG/risk reviews), negotiation and execution of high volumes of commercial contracts as a service. Operating as an extension of their clients' commercial in-house, procurement, or sales teams, they focus on supporting day-to-day contracting needs using strong processes and workflows, including by developing playbooks to deliver consistency and efficiency.
HSF's Digital group provides a unique combination of best-in-class managed service delivery, technical legal expertise, design-thinking, thought leadership and process optimisation, whilst consistently implementing ongoing process improvements.
Chambers Review
Herbert Smith Freehills Digital Legal Delivery practice, formerly known as HSF ALT, advises on day-to-day contract matters for a variety of prominent companies and financial institutions. HSF has a global network, with offices across Asia-Pacific, Europe and the US.
Lisa McLaughlin is the managing partner of HSF's Belfast office and leads the managed legal services arm of Digital Legal Delivery.
Work Highlights
- 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.
Strengths
Provided by Chambers
"HSF were quick to bring in expertise from around the firm when we needed it, and quickly got to grips with our business. They managed our internal stakeholders well."
"HSF have a well-resourced team of extremely adept lawyers ready to support any manner of complex and thorny matters. We have only encountered very able and pragmatic lawyers throughout the HSF team."
"HSF were quick to bring in expertise from around the firm when we needed it, and quickly got to grips with our business. They managed our internal stakeholders well."
"HSF have a well-resourced team of extremely adept lawyers ready to support any manner of complex and thorny matters. We have only encountered very able and pragmatic lawyers throughout the HSF team."
Members
Provided by Herbert Smith Freehills
Federica Marra
Libby Jackson MBE
Lisa McLaughlin
Lucy Yao
Mark Ward
Suzanne Cowan
Zoe Beattie