Contracts Solutions
Contracts Solutions and Services made easy
Our team of legal operations experts and experienced lawyers help clients solve a wide array of challenges related to their contract workflow, processes, and technology.
Epiq has acquired Mainspring Consulting Group to expand CLM Implementation Services.
Know what's in your contracts
Law departments are being asked to quickly determine the impact of major events on their portfolio of contracts. Using AI and proprietary technology, our team analyzes thousands of contracts and provides reporting to enable you to deliver the results you need.
Leverage contracts technology
Whether you are implementing a new CLM system or trying to get more value from your existing systems, our team of technology experts can help.
Optimize your contracts management process
Our Legal Business Advisors help improve efficiency, reduce costs, manage risk, and increase the overall speed of contracting.
Make your next M&A transaction a success
We leverage AI and proprietary technology to review and analyze the seller’s contracts to facilitate diligence and integration.
Manage surges in contract work
Whether you are implementing a new CLM system or trying to get more
value from your existing systems, our team of technology experts can help.
Get answers to your questions or learn more about Epiq's Contracts Solutions capabilities.
Know what's in your contracts
Structured contract data is a corporate asset that can be leveraged to increase revenue and reduce costs across the enterprise. Contracts also guide the actions a corporation can or must take in the event of regulatory change, divestiture, or force majeure event.
Yet many corporations cannot easily determine the rights and obligations in their contracts and assume that the review and analysis of legacy agreements needed to create structured data is too expensive and time consuming.
Epiq Can Help
Leveraging AI and proprietary technology, processes built specifically for large-scale contract review as well as onshore and offshore contract review teams, Epiq can cost-effectively and accurately review your contracts and create a structured data set. This data set can be viewed in a CLM or an Epiq Integrated Dashboard, enabling your department to quickly answer questions about contract terms across your entire portfolio of contracts.
Typical Contractual Obligations
Track and manage contract obligations such as renewal dates, annual price increases, and delivery conditions.Regulatory Changes
Quickly determine the impact of regulatory change on your portfolio of contracts .Data Breach Obligations
Know what your company’s obligations are to its customers and vendors if a data breach occurs.Force Majeure Preparedness
Quickly understand the impact of a force majeure event.Cost Savings
Mine contract data for opportunities to achieve cost savings residing in contractual discounts, SLA credits, Most Favored Nation clauses, and payment terms.Improve the Speed of Contracting
Use contract data to determine whether positions in templates and playbooks are working well or creating deal friction.Epiq Solutions
Contracts Review and Analysis
From thousands of contracts sitting in a hard drive, our review and analysis
technology and processes create structured data that enable you to generate
reports on the rights, obligations, and opportunities in your portfolio of
contracts.
CLM Selection and Optimization
A well implemented and configured CLM system allows your team to access instantly
contract information you need. We help clients select the right system for
their business and legal needs.
Leverage contracts technology
There are numerous CLM providers, many of whom have different approaches and technology for contract creation, evaluation, and storage.
With choice, comes complexity. It is difficult to know which CLM system is best for your company and how to manage the complexity of implementation and ongoing operations. A thorough needs assessment, vendor selection process and implementation plan are critical to success.
Epiq Can Help
Utilizing decades of experience across a wide swath of software and platforms, our experts can help you find the solution that is right for your company. After a solution is selected our team can help you with implementation, training, and user adoption.
Tech Expertise
Understand the latest in contracts technology and select the right choice for youRight Setup
Find the perfect software solution setup for your legal teams’ needsIntegration
Integrate new technology with your existing software instances or integrate some of your current siloed applicationsUser Adoption
Ensure effective adoption of new contract technology by making sure it does what your team needs it to do and that they know how to use itEpiq Solutions
CLM Implementation and Integration
Effective CLM integration is key to enduring tech adoption and successful results.
CLM Selection and Optimization
Assessment of what the right CLM software is for you and how your CLM should be configured for your business.
Contracts Process Optimization
Our consultants can help you optimize your contracting process.
Optimize your contracting process
Optimizing the contracting process can improve the speed, efficiency, cost, and output of the contracting process. But where do you start?
Epiq Can Help
Our Legal Business Advisors will help your team perfect your contracting process, leveraging their decades of experience.
Epiq Solutions
Contracts Process Optimization
Our consultants help you simplify and accelerate your contracting process with
playbooks, templates, and technology.
Make your next M&A Transaction a Success
Whether you are selling a division or acquiring a company, the work related to commercial contracts can be significant, putting a strain on your department and impeding diligence and integration efforts. What is the best way to be prepared for the next acquisition or divestiture?
Epiq Can Help
Leveraging AI and proprietary technology as well as onshore or offshore resources, Epiq can cost-effectively and accurately review contracts and create a structured data set. For the sale of a division, this data set can inform disclosure obligations in the acquisition documents. For an acquisition, this data set can accelerate diligence efforts and enable early integration planning.
Epiq Solutions
Contracts Review and Analysis
Our team reviews and analyzes the buyer’s portfolio of contracts to facilitate
diligence and accelerate integration. For sellers, we analyze and organize the
contracts included in the sale, generating a list of contracts that can be used
as a disclosure schedule.
Epiq Counsel
Add lawyers with M&A experience to your deal team to accelerate diligence and
closing tasks.
Manage Surges in Contract Work
Commercial contract volume can overwhelm a legal department, resulting in team burn-out and friction with Sales, Operations, and other functions.
Epiq can help.
Epiq Counsel can provide you with experienced lawyers and legal professionals to draft and negotiate contracts, enabling your department weather the storm.
Epiq Solutions
Epiq Counsel
Lawyers and contract negotiators with in-house experience to provide additional
support for your department.
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