Contract management
Managing large numbers of supply and/or procurement contracts can be a legal administrative headache – not to mention the significant risk that this area carries.
Commercial teams require prompt contracting assistance from legal advisers at a cost that doesn’t undermine the value of their agreements. Internal legal teams are under pressure to control company risk without causing bottlenecks in the contracting process and incurring disproportionate advisory costs.
Filling the void between commercial teams and traditional legal departments, Exigent will lower cost of service whilst improving quality and efficiency and minimizing risk.
We understand the risks and can provide qualified cost-effective resources to ensure that these risks are mitigated and that the investment is cost-effective. We agree on the risk profile and the most cost-effective way of tackling these risks before we commence work, which means we work as a joint team dedicated to success.
Exigent attorneys are capable of working to the same exacting standards as internal or private practice legal teams. Either by way of secondment or local training, upon engagement with a new client the Exigent team will be brought quickly up to speed with all relevant commercial and legal issues. Appropriately qualified staff will be provided to meet cost and competency expectations. This will often necessitate a mix of paralegal and attorney resource to respectively undertake levels one and two contract reviews.
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Key values of this service
A cost-effective way of managing risk and compliance
Our teams build industry expertise to further add value
Our teams understand both commercial and legal risks
Our attorneys can liaise with your commercial teams effectively
“The department sees 4/40 sales contracts. We do not have the resources to review them all but we have been fined millions for breaches in legislation for contracts that have been “adapted” which we wouldn’t have agreed to.”
