CLIENT CHALLENGES
- Client is US based Investment Manager and was facing the following challenges:
- Talent crunch with high hiring costs
- Challenges in managing contracts in structured and timely manner
- High external legal firm fees for managing the affairs
OUR APPROACH
- 2 FTE support to in-house legal team
- Trained & experienced resources for immediate deployment
- Support across:
- Playbook creation for NDAs, review and redlining of NDAs
- Reviewing various vendor agreements for obligation abstraction, cost, notice renewals and other relevant terms for all customer and vendor contracts
- Tracking the legacy NDAs and their unique negotiated clauses
- Assisting in legal entity dissolution forms
- Assisting transferring their registered funds’ details to Bloomberg and addressed their transfer, renewal and search
IMPACT DELIVERED
- Comprehensive Coverage: We started with one stream of work but within short span covered multiple work-streams and soon became extension of their legal team supporting them on their day to day or one-off tasks
- Improved Productivity with overnight support by the offshore team
- Streamlined their contract repository so that it’s easier and faster to use
- Provided additional bandwidth to the onshore team by owning transactional and recurring types of work, freeing up their time to focus on more critical tasks
- Help achieve work life balance
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