Managing Contractual Risks in the Face of an Expanding Business:
A practical approach to legal risk management for in-house Legal Counsel
Do you struggle to manage contractual risks across your growing business?
As an in-house lawyer, you need to keep track of the potential risks and opportunities in the company’s expanding contract portfolio (without being a bottleneck!), but that can be challenging when your contracts are stored on different servers, in different countries.
What’s more, in today’s climate of uncertainty, the smallestlegal and regulatory changes can have a profound impact on your existing and future contracts. If you are not equipped with the right tools to help you identify and assess the risks across your many jurisdictions, it will be extremely difficult to provide proactive counsel to your organization and minimize your risk exposure.
In this 1-hour webinar, you will learn how technology can help you centralize your contract data in a single system that can increase collaboration with colleagues to identify and control contract risk, stay on top of key obligations and enhance commercial opportunities across jurisdictions.
What you will learn:
Why the legal department is in a unique position to set a standard for collaboration and commercial understanding.
The importance of centralising your contract data
How to empower your colleagues to be more self-sufficient in managing their contractual risks.
How technology can help your organization identify, control and report on contractual risks and opportunitiese with GDPR
Key takeaways:
Learn to reduce commercial risk in your growing business, across jurisdictions and in the face of legal and regulatory change, by adopting the right tools to increase collaboration with colleagues, to set proper governance to stay on top of obligations and to identify opportunities sooner.
Watch the webinar now
effacts is a secure online repository for all your legal information that has smart functions to help you get the most value out of it.
Store. Easily organize your key contracts, company documents, claims and compliance policies in one central place.
Find. Get easy, instant access to the information with powerful Google-style searches.
Summarize. Make key information from long documents more visible and understandable to the whole organization.
Track. Build workflows to help you manage risk in contracts, entities, claims and policies.
Report. Generate detailed reports and charts that can provide the management information your team or your board needs.
Share. Give permission-based access to different departments to allow them to see the information that helps them do their jobs better.
Empower. Set up self-service portals to enable different departments to manage their own legal affairs, with your legal oversight.
