Overview

Contract Drafting, Reviewing, Abstraction & Management

We are here to help you by providing very professional and timely solutions to all your contract related needs.  We manage the whole life cycle of a contract right from drafting, reviewing, abstraction to management. Our experienced and enthusiastic attorneys have repeatedly won the confidence of our US and UK clients for mastering this art. We have laid our foundations benefiting from the multi-judicial platform.
We offer contract outsourcing solutions for a wide range of contracts. These contracts range from NDA, lease agreements, software contracts, Distributor agreements, industry specific agreements etc. Our services include:

• Identification, capturing & summarizing key information in accordance to the checklist or guidelines provided by the client.
• Capturing any variation of the standard terms & conditions of the contract.
• Creation of set checklist templates after broadly classifying different contracts.
• Contract drafting
• Contract analysis and negotiations

The Contract Outsourcing Solutions Team

• The team is well trained on FIDIC, Inco terms and other contract terminology.
• Dedicated Quality Analysts.
• Our team comprising of highly qualified top graduates from the best law schools ensure cost effectiveness, quality and timely delivery of services.
• Wide range of contracts ranging from NDA, lease agreements, software contracts, distributor agreements, industry specific agreements etc.

We set the best practice standards for contract review and management in the legal process outsourcing (LPO) industry. Our advanced Contract Management Software and experienced attorneys ensure a faster turnaround of Contracts. Whether your contractual needs are repetitive or consistent or arise on a project to project basis, we customize a solution to fit your needs.

Case Study

Project: The legal department of Software Company in US approached Draft n Craft for Contract Management Services. With over 500 contracts to review and manage every month, the in-house department was unable to meet the required deadlines. Client wanted to have a strong contractual position and a better understanding of its contractual rights and obligations. Client also wanted to have a better solution to its basic contractual issues like intellectual property rights, renewal terms, dispute resolution etc.

Our approach:

1. Within a period of 5 days, Draft n Craft put up a team of 10 experienced attorneys to provide contract review and management services to the client.
2. The team reviewed the contracts as per the client guidelines and standards.
3. The team and its project managers interacted frequently with client to be updated latest developments and questions, if any during the process

Advantages with Draft n Craft
Using contract management software, we were able to streamline the process in an efficient manner. The client was not only able to meet its deadlines but also achieved almost 40% of cost savings.