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Contract Review Report - Template

A template to present comprehensive contract review findings

The Problem

Your legal team are not using a standardised reporting template for their contract reviews

Related challenges include: 

  • your legal team are applying divergent review practices
  • your internal clients do not receive comments in a standardised, familiar format
  • comments do not include solution options / negotiation strategies
  • clients aren't getting a quick snapshot of overall contract risk
  • you have trouble delegating contract negotiations to junior lawyers
  • processing contract review comments is timely process
  • getting risk mitigation strategies approved takes too much time
  • standard forms drive quality and efficiency - you do not have them

Wouldn't it be great if your legal team were delivering powerful full contract review comments in a dept. standard manner that improved overall contracting?

The GLS Solution

This tools gives your legal team a powerful resource to significantly improve the standard and effectiveness of contract reviews performed by your team.

This solution includes: 

  • dashboard summary – an “at a glance” overall contract findings summary
  • mitigation strategies – a field to propose risk mitigation strategies
  • SMART fields – allowing for your business to reach rapid alignment on next steps

The performance features that this resource delivers to your team includes:

  • a standard high-quality way to deliver contract reviews
  • a means to capture a “comprehensive” contract views – all issue types
  • an efficient means to formulate contract negotiation strategy
  • basic data analytics on your contract review
  • beyond legal – contract issue performance beyond mere legal issues
  • efficient delegation, escalation, risk mitigation and contract redrafting capability
  • a familiar means/format for your internal client to consume review findings
  • an efficient means for legal and the internal client to “align”
  • resources that allows legal and its internal client to “align” efficiently

Bring your legal teams contract review, processing and negotiation strategy to the next level … with a simple contract review template that drives powerful performance efficiencies. 

GLS – Law Rewritten

Solution Deliverables

World Class Templates:

World class templates, created by world class lawyers with decades of experience both in-house and at the world’s best law firms. 

Solution SLA Options and US$ Pricing

Column oneColumn twoColumn threeColumn fourColumn five
DELIVERABLESBasic
GLS Template
Price (excl. VAT)$99

GLS RPLV Legal Operations Score

This solution’s GLS RPLV impact score:

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Resource Status: Specialist Repeater Formative
Ease of Implementation: Complex Average Easy
Value Demonstration/Visibility: Low Medium High
Productivity Leverage Profile: Low Medium High
IHL Line Optimisation: Single Multiple All Lines

IHL Critical Function Optimisation Targets

This solution enhances performance across the following critical in-house functions:

In-House Legal: Critical Functions / Processes

General Counsel

Contracting

Managed Service

Human Capital

Performance

Knowledge

Internal Client

GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.

FREE DOWNLOAD: GLS’s Ultimate Guide to Legal Operations.

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Plans

Transform your legal team with a plan to suit all of your needs.

Trial

Get started at no cost

Bronze

Taking formidable steps

Silver

Building transformative momentum

Gold

Advanced legal operations