Contracts

Review, analysis, abstraction, negotiation, and lifecycle management across multiple agreement
types and industries

The increasing volume and complexity of the contracting process can pose a significant challenge for a legal department of any size. Limited visibility into deal flow and poorly organized documentation can place additional administrative burdens on your staff. Our approach minimizes the burden on the internal legal team for migrations, reporting, escalations and approval process. Serving clients globally, QuisLex pairs subject matter expertise with technology and process solutions to provide contract lifecycle management (CLM) that is more effective, controls costs, and mitigates risk.

 

 

Wide-Ranging Experience

Our award-winning contract lifecycle management and compliance programs are used by organizations across industries and agreement types, ranging from NDAs to extremely complex corporate documents and financial agreements. To date, we have reviewed and managed contracts representing more than 10 billion dollars of sales and procurement agreements.

Integrated Technology

To drive efficiencies and automate processes, we incorporate leading technologies into our workflows, including artificial intelligence tools and contract management systems. However, by remaining agnostic as to which technology our clients use, we are able to provide honest advice on how different technologies may support workflows or whether utilizing additional technology would help at all.

Actionable Analytics

Our project teams track, collect and report on a wide variety of key metrics including contract status, cycle times, volumes, provisions frequently negotiated, use of non-standard provisions, types of agreements, and many other KPIs to support business decisions, identify trends, and drive continuous improvement initiatives.

CLM Consulting

We develop content and build processes to efficiently manage our clients’ contracts. QuisLex is able to accelerate implementation timelines and keep costs manageable through the use of dedicated resources and battle tested templates. We also help you select technology based on the specific requirements of your use case and design systems to maximize out-of-the box functionality and avoid customization or over-configuration.

Turnkey NDA Solution

We can deliver a turnkey NDA solution in a matter of days, leveraging our propriety prebuilt content validated by an Am Law 10 firm and our experience negotiating thousands of confidentiality agreements. It is an award-winning technology-enabled solution that includes smart intake forms and AI-assisted first-pass review of markups.

Contract Analysis

We organize contracts and extract information into reports and dashboards so you can make data-driven business decisions. Examples include M&A due diligence, building records in a CLM system, or identifying contracts that need to be amended in response to a regulatory event. We use AI to automatically abstract relevant provisions that are reviewed by cost efficient lawyers inside a meticulously designed and validated Six Sigma workflow.

Wide-Ranging Experience

"An attorney and a young woman shake hands across a conference table after discussing a contract."
QuisLex has provided contract review and management services representing more than 10 billion dollars in sales and procurement agreements. Companies across many different industries use our award-winning contract compliance and CLM programs. QuisLex works on a wide range of agreement types, from NDAs to financial contracts. We excel at utilizing rigorous review processes so your legal department can take on even the most complex corporate documents.

Integrated Technology

QuisLex leverages our expertise in multiple technologies to drive efficiencies and automate workflow processes, including contract management systems and artificial intelligence (AI) tools. Our organization is technology agnostic: we can advise your team on the pros and cons of multiple platforms, and our staff will never push your team to adopt a specific technology solution. We simply provide straightforward advice on solutions that can expand your existing team’s capacity and help automate routine tasks.

Actionable Analytics

QuisLex’s project teams use robust analytics to help drive efficiency in your organization. We can report on a wide assortment of key performance indicators (KPIs), such as:

  • Contract cycle times
  • Contract volumes
  • Frequently negotiated provisions
  • Use of non-standard provisions
  • Agreement types
  • Contract status

These comprehensive reporting capabilities can help you identify trends over time, provide support for business decisions, and inform initiatives for continuous improvement.

CLM Consulting

With the help of an alternative legal service provider like QuisLex, companies can manage legal contracts more effectively. QuisLex’s CLM consulting includes:

  • Content development: We apply dedicated resources and battle-tested templates and workflow processes to help with contract creation.
  • Technology selection: We help you choose the right platform based on your use case requirements, maximizing out-of-the-box functionality to avoid over-configuration.

Our expertise allows you to accelerate implementation timelines while keeping costs manageable.

Turnkey NDA Solutions

Airtight nondisclosure agreements are important for protecting client privacy and intellectual property. The team at QuisLex can deliver a turnkey NDA solution for your company in a matter of days. In addition to our prior experience negotiating thousands of confidentiality agreements, we leverage proprietary, prebuilt content that has been validated by an Am Law 100 firm. This award-winning, technology-enabled solution includes:

  • Smart intake forms
  • AI-assisted first-pass review of markups
  • Template and playbook design
 

Contract Analysis

The way you structure your contracts can have a significant effect on your bottom line. QuisLex uses our reporting and analysis expertise to organize contracts and extract key information that helps you make data-driven decisions. Our skill set includes:

  • Building records in a CLM system
  • Due diligence for mergers and acquisitions
  • Identifying contracts that must be amended in response to a regulatory change

QuisLex uses a meticulously designed and validated Six Sigma workflow to review contract provisions. To increase efficiency, we leverage AI to automatically abstract relevant provisions that can then be reviewed by highly-trained lawyers. That means less exposure to risk for your company – while keeping costs under control.

Contract Workflow Capabilities

Whether we are working with a major corporation or a Global 100 law firm, QuisLex can simplify the contracting process with services such as:

  • Generating agreements from templates
  • Triaging contract requests based on criticality, risk profile, complexity, and deviation from standard terms
  • Assigning contracts to an in-house or external resource
  • Negotiating with third parties based on playbooks
  • Facilitating approval processes
  • Managing complete traditional signature or e-signature processes
  • Uploading, extracting, coding, and maintaining contract data in a repository

We also offer a help desk to resolve any questions concerning the contracting process or system usage.

Recognition and Awards

QuisLex has received the following awards and acknowledgments for our managed legal services:

QuisLex COO Sirisha Gummaregula has received multiple awards, including:

Office Locations

QuisLex has highly trained permanent staff members at offices around the world, including:

  • New York City, NY
  • Hyderabad, India
  • Washington, DC
  • Chicago, IL
  • London, England
  • San Francisco, CA
  • Dallas, TX
  • Berlin, Germany
 

Security Certifications

We are proud to hold several relevant industry certifications, including:

  • ISO 27001:2013 (Certification for Information Security from the International Organization for Standardization)
  • ISO 9001:2015 (Certification for Quality Management from the International Organization for Standardization)
  • SSAE 16 (formerly SAS 70 Type II) Certification for Compliance
  • HITRUST CSF (Common Security Framework) Certified
  • HIPAA compliant
 

Choose QuisLex for Contract Management Systems

With QuisLex, companies can rest assured that their contract abstraction, negotiation, and review processes are optimized. With operation centers in New York and India, we serve clients around the world. Additional details about our services are available in our Contract Management brochure. For more information, contact us today.

Connect with
QuisLex

If you’re ready to learn more, please fill out the contact form
and we’ll be in touch shortly.

Please do not use this form to apply for a job, instead contact our HR department at careers@quislex.net.

Quislex Services

Managed
Document Review

Contracts

Compliance

Legal Operations

Legal Spend
Management