Firm Profile

Factor

Alternative Legal Service Providers Guide 2023

Ranked departments
Alternative Legal Service Providers

Share profile

About

Provided by Factor
Alternative Legal Service Providers

Firm Overview:  

Factor is the market leader in Integrated Law. Factor works alongside corporate legal departments and law firms to solve the ever-increasing demands and complexity of transactional legal work like contracting. With 10+ years of focused experience, Factor defines a new market category integrating the expertise of Traditional Law, and the efficiency of New Law with the close business understanding and alignment of In-house legal. Factor provides technology-enabled services to the world’s most sophisticated legal clients across Banking, Technology, Life Sciences & Enterprise, delivering the market’s largest portfolio of complex legal work at scale.

Services: 

High-Performance Contracting: 

High-performance contracting enables the clients' legal and commercial teams to contract faster and smarter. Factor seamlessly integrates with in-house teams, technology, and counterparties, delivering services across the full contracting life-cycle, including:

  • Intake and triage
  • Drafting, reviewing, and redlining
  • Complex negotiation
  • Data capture and maintenance
  • Analytics

Repapering & Regulatory Response: 

The firm helps clients meet regulatory change deadlines by designing and deploying tech-enabled solutions overseen by expert project managers to handle:

  • Contract Analysis
  • Client counterparty outreach
  • Protocol-driven and bilateral negotiations
  • Data transfer of remediated documentation

Working under tight deadlines and regulatory scrutiny leaves no room for error. Having completed 100+ complex contract review and remediation projects over the last decade, Factor has narrowly focused its investments (in technology, tools, and methodologies)with the aim of being the best in the world in regulatory response and remediation.

Legal Operations Consulting: 

People's unique businesses need unique solutions. With Factor Solution Consulting, clients benefit from more than a decade of experience in the trenches with some of the world’s leading companies. The firm's experienced consultants customize those practices to the client's environment and help them achieve lasting change.

The firm delivers a comprehensive understanding of legal technology, process improvement, and legal substantive challenges to your teams that will enhance your legal function. Oh, and by the way, rather than just delivering a plan and walking away, Factor often takes ownership of implementing its recommendations.

Leadership 

Executive Team: 

  • Varun Mehta, President & Chief Executive Officer
  • Jess Block, EVP, Market Solutions
  • Sandy Devine, EVP, Chief Commercial Officer
  • Sumera Hassan, SVP, Head of People
  • Ed Sohn, SVP, Global Head of Capabilities
  • Jon Pedersen, EVP, Global Head of Practice
  • Chris DeConti, EVP, Head of Strategy

Board of Directors: 

  • Varun Mehta, Chief Executive Officer
  • Mark Harris, Board Chair - CEO of Knowable, Co-founder and ex-CEO of Axiom Law
  • Andrew Ballheimer - Former Global Managing Partner of Allen & Overy
  • Carol Lindstrom - Previously Vice Chair at Deloitte
  • Jim Madden - Co-founder and MD, Carrick Capital

Offices: 

With an industry-leading executive team and over 500 lawyers, contract experts, technologists, and process consultants, Factor operates from New York, Chicago, London, Belfast, and Wroclaw.

Ranked Offices

Provided by Factor

USA - Head office

Factor rankings

Alternative Legal Service Providers Guide 2023
Global-wide
Contract Lifecycle Management
1 Department
Department
Contract Lifecycle Management
1
Contract Lifecycle Management
1
Band 1

Articles, highlights and press releases

1 item provided by Factor