Legal contract review and management involve drafting the standard contracts, creating and managing databases and repositories, contract reviewing, analyzing contracts, redlining and negotiating agreements, position, capturing, abstraction and summarization of key information etc. Let see what should be your checklist before hiring LPO firm services.
Contract management is complex and risky part of a legal business but plays an important role in terms of business and client management. Thus, to handle the issues, outsourcing has concluded as a best option for law firms to increase profitability and business growth.