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GLS Issues Only Review™

A "major issues only" review of your contract

The Problem

It’s a new deal and it’s important.  You need to brief the team on the major issues. You are drowning. 

Related challenges include:

  • time is not on your side – the deal is moving fast
  • going ahead with “eyes wide shut” is not an option
  • losing the deal could hit revenue and reputation hard
  • you do not have much/any capacity and your team is permanently stretched
  • there is limited budget for external support and briefing them is time consuming

Time to put aside your plans - you will not be going home early tonight.

The GLS Solution

GLS Issues Only Review™ rapidly delivers an “eyes wide open” understanding of the “deal breaker” and “major" potential legal and financial exposures posed by the contract. 

Utilising the GLS Dashboard™, GLS Issues Only Review™ conveys the full import of the major risks presented by your contract in less than 2 minutes. 

At a fraction of the cost of Big Law, GLS Issues Only™ removes time and cost as barriers to you accessing an SLA backed review that flags and explains the major issues you face and how to deal with them.

Problem solved.

Solution Deliverables

Unpacking The Risk

Provides a tabulated GLS proprietary contract analysis covering:

Issue identification:Identification of in-scope review issues.
Risk articulation:Brief explanation of the nature of the risks posed.
GLS risk rating:Our proprietary “lay person” risk ranking of your contract.
Risk mitigation:Suggested risk mitigation strategies for each issue.
Benchmarking:We benchmark against GLS’ own best practice standards.
Fast:Delivers a contract briefing of less than 2 minutes.
Navigable:Tabulated findings allow instant issue specific navigation and briefing.

At A Glance

A rapidly consumable visual depiction of the following:

Top 10:the Top 10 major issues posed by the contract.
Deal breakers:the issues which, if not resolved, sink the deal.
Overall risk:a benchmarked view of your contract’s risk profile.

Keeping It Simple

The user experience for this Solution includes:

Productivity:Effectively leverages up the productivity of your in-house negotiating team.
User-friendly:Rapid comprehension of findings is delivered.

Solution SLA Options and US$ Pricing

Column oneColumn twoColumn threeColumn fourColumn five
SLAShort
(Pages <10)
Medium
( 10< Pages <25)
Long
(25< Pages <40)
Basic5d$349$549$799
Standard3d$449$649$899
Advanced2d$549$749$999
Complete1d$999$1,299$1,499

Pricing Comparison

Big Law sells time; GLS provides Solutions. However, if you needed to understand what the cost of our Solutions gets you at Big Law, the table below compares our Bronze (Short) level Solution.

Big Law ReviewUS RateGLS CostMinutes
Partner$850$3490h 25m 03s
Senior Associate$640$3490h 32m 20s
Blended$520$3490h 40m 26s
Associate$480$3490h 44m 02s
Junior Associate$400$3490h 52m 35s

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

Contracting

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.

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