A good Contract management process can help with efficient and rapid execution of agreements, enhance compliance, reduce risk, and give general counsels/in-house legal departments time to focus on other important things.
Studies show that In-house legal departments of corporations spend a significant amount of time managing old and new contracts without having a standardized process in place. Not only does this cause loss of time but also makes the company vulnerable to risks.
General Counsels have been entrusting this responsibility to Draft n Craft for years. Draft n Craft has been helping legal departments reduce their risks by deploying a streamlined and standardized contract management process. Draft n Craft’s contract management process supports you all the way from drafting, negotiations, execution, renewals, and amendments.
Draft n Craft’s Dedicated Remote Paralegal (DRP) for Contract Management Solutions helps In-House Legal Department’s Heads/General Counsels to facilitate compliance with the requirements of commercial law while helping you manage your business processes.