Contracts
after
Signing
How lawyers & paralegals
can add value after
contract execution
info@contractanalyst.com
www.ContractAnalyst.com
855-517-2193
Copyright 2013. All rights reserved.
turn
into
Documents
Data
2
Copyright 2013. All rights reserved.
What?
Turn documents into data
Why?
Generate actionable reports
Drive business processes
Perform analysis
Manage risk
How?
Identify all dates
• expiration
• fixed and relative dates
Categorize obligations
• required
• prohibited
• permitted
Describe flow of money
• revenue and expenses
• payment type
• amounts (%, $)
More…
Copyright 2013. All rights reserved.
set
Automatic
Alerts
4
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What?
Set automated alerts
Why?
Prevent missed deadlines
Preempt auto-renewals
How?
Set date driven alerts
• reuse dates data
• SMTP & DB integration
Make alerts global
• expiration
• auto-renewal
• insurance certificates
Set contract specific alerts
• high visibility contracts
• high risk contracts
• high impact contracts
Improve client contact
Notify clients of milestones
More…
Copyright 2013. All rights reserved.
identify and measure
Legal Risks
6
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What?
Identify, measure and
manage legal risks
Why?
Quantify legal risks
Prioritize risk mitigation
How?
Categorize legal risks
• structural
• regulatory
• contractual
• litigation
Measure likelihood
• list events or causes
• quantify probability
Measure consequences
• quantify financial loss
• quantify occurrences
Calculate risk prevention
Focus organization
More…
Copyright 2013. All rights reserved.
show
Compliance
Obligations
8
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What?
Show compliance
obligations
How?
Identify key sources
• statutes
• regulations
• court cases
Store requirements with
contract provisions
Why?
Expose hidden risks
Manage compliance risks
Calculate compliance risk
Track compliance reviews
Schedule compliance
reviews
• review contract activity
• record reviews in
contract management
system
More…
Copyright 2013. All rights reserved.
Categorize
and track
Provisions
10
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What?
Categorize and track
provisions
Why?
How?
Categorize provision types
• performance
• warranty
• notice, etc.
Categorize obligations
• required
• prohibited
• permitted
Improves contract value
Maintains risk allocation
Assign obligations to party
Exposes contract detail
More…
Reveal legal advantage
Copyright 2013. All rights reserved.
keep
Contracts
in
Perspective
12
Copyright 2013. All rights reserved.
What?
Keep contracts in
perspective
How?
Report expiration dates
• by category
• by counterparty
Report performance
obligations
Why?
Evaluate individual v.
collective risk
Analyze portfolio risk
More…
Measure value of entire
contract portfolio
Identify financial
consequences in portfolio
Copyright 2013. All rights reserved.
info@contractanalyst.com
www.ContractAnalyst.com
855-517-2193
Copyright 2013. All rights reserved.