General counsel and contract management

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Transcript of General counsel and contract management

Page 1: General counsel and contract management

CounselLegal5 reasons contract management matters

Berkman | Solutions !10260 SW Greenburg Road, 4th floor Portland OR 97223 United States ! 1 (855) 517-2193 North America +1 (503) 517-4293 Worldwide !www.BerkmanSolutions.com [email protected]

http://www.BerkmanSolutions.com
mailto:[email protected]?subject=Information%20about%20Berkman%20Solutions
Page 2: General counsel and contract management

5ReasonsBerkman | Solutions !10260 SW Greenburg Road, 4th floor Portland OR 97223 United States ! 1 (855) 517-2193 North America +1 (503) 517-4293 Worldwide !www.BerkmanSolutions.com [email protected]

!

contract management matters

http://www.BerkmanSolutions.com
mailto:[email protected]?subject=Information%20about%20Berkman%20Solutions
Page 3: General counsel and contract management

Provide better advice1

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Better legal advice

Contracts are no longer “filed and forgotten”

Remain close to operations

Negotiate based on business value

Notify clients of expiration dates automatically

Alert clients to auto-renewal notice dates

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Improve performance2

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Improve performance

Manage the entire “contract portfolio”

Prioritize revenue contract management

Control expense contract auto-renewals

Identify cost escalator provisions 2

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Control legal risks 3

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Control legal risks

Monitor specific performance obligations

Report on exceptions to legal policy

Limit access to contract information as needed

Track insurance and risk allocation provisions

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Ensure compliance4

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Ensure compliance

Identify relevant regulatory requirements

Perform routine compliance reviews of contracts

Identify potential counterparty breaches

Identify potential client breaches

Perform routine counterparty reviews

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Be relevant

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Be relevant

Deliver “contract portfolio” insight to senior management

Add financial value for the entire “contract portfolio”

Improve operations between legal and business groups

Expand capacity to support the client organization

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Page 13: General counsel and contract management

CounselLegal5 reasons contract management matters

Berkman | Solutions !10260 SW Greenburg Road, 4th floor Portland OR 97223 United States ! 1 (855) 517-2193 North America +1 (503) 517-4293 Worldwide !www.BerkmanSolutions.com [email protected]

http://www.BerkmanSolutions.com
mailto:[email protected]?subject=Information%20about%20Berkman%20Solutions

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