Contract Management Services

Contract Management Services Starting From $10/Hour

One-stop destination for complete legal services

•Save Time & Money

•Quality Assurance

•Dedicated Supervisor

•Experienced Lawyers

•Highly Experienced Team

•Qualified Law Graduates

Contract management services are solutions designed to facilitate the organization, compliance, and reporting needed to keep thousands of contracts running smoothly. Effective contract management plays a vital role in minimizing merger or acquisition-related risks and managing resource wastage. Acquiring a startup that has a significant number of high-risk contracts or does not have sufficient resources and structure to gain visibility into its contract portfolio exposes your company to legal and financial risks. 

Additionally, the lack of an effective contract management process during a merger can make it nearly impossible to review the hundreds or thousands of contracts inherited from the transaction. We have the industry expertise to improve processes and workflow, and the resources to provide contract support, professional consultation, and advice. Contract management is the process of creating, executing, and analyzing contracts to maximize an organization’s operational and financial efficiency while minimizing financial risk. 

Organizations face increasing pressure to reduce costs and improve business performance. Managing contracts is a very time-consuming part of doing business, which drives the need for an efficient and automated contract management system. We offer complete procurement and contract management services. Our contract management methodology focuses on creating value by improving contract performance and reducing cycle time.

Contract Management Services We Offer

Drafting contracts

The process of creating contract details to describe the obligations of both parties to the contract so that they understand their legal rights and obligations is called contract drafting. The purpose of drafting an agreement is to ensure that both parties are aware of the terms of the contract. Drafting a contract is the gradual addition of provisions, requirements, and conditions that are formulated according to the needs and wishes of the contracting parties. When preparing the draft, various things must be considered, such as the object of the contract, the objects to be created, the amount of the fee, compensation, and conflict resolution. We assist in regularly drafting, analyzing, and managing a significant amount of contracts. We ensure that the contracts are fair to both parties, and at the same time, we respect the interests of our clients when drafting them. To promote a smooth workflow, contracts are drafted that reflect the purpose and business relationship of the parties. Our paralegals draft contracts that are comprehensive and easy to understand. A few of the contract drafting tasks we do are as follows:

  • Standard templates
  • Distinct variables associated with each contract
  • Analyzing your drafts
  • Preparation of standard templates
  • Finding out the variables related to each contract
  • Developing a checklist of clauses

Contract reviewing

Contract review is a contract process used to identify and analyze the most important terms of the contract. A lawyer will fully read each contract to understand the terms and highlight any risks or relevant information. With our legal contract review services, we help clients around the world make contract review a central part of their business negotiations. This enables our clients to fully understand the nature of the contract, from receipt to execution, before putting pen to paper. In our business practice, we have a deep understanding of organizational risks, the likelihood of operational impact, and stakeholder responsibilities, and we constantly strive to provide our clients with the means to avoid such contractual disputes. A contract review paralegal works with contracts and does everything from creating and reviewing documents to negotiating contract terms with other parties. Contracts are reviewed in four general stages:

  • Contract drafting: a specific contract is drawn up either with a template or with a lawyer.
  • Review of the contract: The paralegal checks the preliminary contract draft.
  • Contract negotiation: If you have an employment contract, you can negotiate possible changes with other parties (and vice versa).
  • Signing the contract: After all parties to the contract have understood and agreed to the terms of the contract, everyone signs the contract.

Management of contracts

Contract management is the process of managing contracts from their creation to performance by the designated party and eventual termination of the contract. Key features include performance analysis based on contract terms to maximize operational and financial results and identify and mitigate financial and reputational risks arising from non-compliance with contract terms. It includes the reviews, analyses, and other actions that help maintain contracts throughout the contract lifecycle. Many may first think of contract drafting, negotiation, and signing as the critical stages of contract management, but contract management is the work that begins after the contract is signed.

Contract Management Services is a solution designed to facilitate the regulation, compliance, and reporting required to keep thousands of contracts running. These services run a wide range of costs and complexity, but some of the key features that our effective contract management provides include:

  • Secure storage -It allows you to easily store all your contracts (and preferably more so the system can grow with your business). Cloud-based storage systems with secure servers are common.
  • Electronic signature – It makes the signing process quick and easy. Electronic signatures also improve the transparency and visibility of the signing process, so you know who signed the contract and when.
  • Security measures- It is important to keep sensitive documents in the right hands. These may include user authentication, digital watermarks, administrative capabilities to limit user access, and more.
  • Reminders and reporting of the contracts-Instead of tracking update dates and manually creating reports, users should be able to use alerts to remind them of upcoming milestones.
  • Advanced and/or customizable search options – it is easy to find and compare documents with such services. Contract management services help identify potential bottlenecks or other issues from a high-level perspective. Ideally, these services are available early enough to allow management to make the tactical decisions needed to prevent problems, rather than correcting them after they occur.

Why Choose Us For Contract Management Services?

→Personalized Experience

We have a team of experienced paralegal specialists whom you can rely on as these cases are sensitive. Businesses of all sizes that have trusted us and outsourced their paralegal services to us have grown considerably.

→Customized Plans

We have been the best at understanding the unique nature of each case and resolving them timely by catering to the specific requirements of the experts. Our team works together to provide customized plans for each project.

→Trust and Compliance Guaranteed

As a paralegal services provider, we completely understand how security and compliance are necessary for paralegal cases. Clients globally have entitled their trust in us and relied on us for their tasks to be completed on time.

→Saving Operational Cost

You can save more than 50% of your operational cost just by outsourcing your paralegal tasks to us.

→Dedicated Supervisor

We provide a skilled supervisor at no extra charge who is dedicated to a team working on your case. This ensures high-quality paralegal services to our clients.

→Smooth Onboarding Process

The important part we focus on from the first inquiry is to avoid the delay of the tasks and ensure smooth onboarding. From the first handshake, the requirements of the client are handled professionally by the team and executed promptly.

→No Setup cost

Unlike the other outsourcing businesses, we can help you cut the initial setup cost to have your case resolved and ensure quality simultaneously. This would save clients costs by more than 50% percent from the standard market price.

→Flexible Time zones

Our team of paralegals works with the client’s time zone in flexible hours so work is not delayed and completed on time ensuring quality and efficiency at the same time.

Outsourcing Contract Management Services for Law Firms

We provide contract management services to USA law firms. If you require contract management services in New York, Texas, California, San Francisco, Washington DC, Las Vegas, Chicago, Houston, Illinois, Florida, Ohio, Oregon, Nevada, San Jose, Dallas, New Mexico, Massachusetts, Boston, Portland, Pennsylvania, New Jersey, New Hampshire, Phoenix, Arizona, San Antonio, San Diego or other parts of the US or any other state in the USA, you can outsource the service for your business with us.

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