Case Studies

Optimizing Intercompany Agreement Reviews for Speed and Precision

The Problem

A major client required comprehensive review and data mining for their Intercompany Agreements, a task that demanded meticulous attention to detail and a high degree of collaboration with their internal legal team. With a large volume of agreements and a condensed timeline, the challenges were clear:

  • Completing a significant review in a limited timeframe
  • Correlating the agreements to provide a comprehensive understanding and raise pertinent questions for the client

The Purpose-Built Solution

Purpose Legal approached the challenge with a solution-driven mindset, leveraging our team’s extensive experience and expertise. Our attorneys, skilled in Intercompany Agreement tools and processes, developed a plan that emphasized efficiency, accuracy, and proactive communication with the client’s legal team.

From the outset, we established clear goals and priorities to ensure that the review progressed smoothly. Instead of waiting for all the work to be completed, we employed a wave-based delivery system. This allowed the client to start reviewing portions of the work early, giving them a head start on addressing any issues. Our strategy also included sending questions to the legal team as soon as they arose, allowing ample time for responses and minimizing bottlenecks.

Regular check-ins and periodic evaluations of the review’s status ensured that we could adapt quickly, incorporating new techniques as needed. Additionally, by obtaining standard responses to frequently encountered issues, we significantly reduced the need for repetitive back-and-forth communication. This streamlined approach allowed us to work more effectively, saving time for both the client and our team.

The Product

By maintaining clear communication and focusing on timely, wave-based deliveries, Purpose Legal was able to provide high-quality reviews of the client’s Intercompany Agreements. This efficient process not only met the tight deadlines but also provided the client with valuable insights and cost savings. The ability to collaborate closely with the client’s legal team ensured that the work was both accurate and aligned with their expectations.

Our focus on reducing inefficiencies and maintaining accuracy led to a successful project outcome, allowing the client to focus on higher-level strategic decisions without being bogged down by administrative hurdles.

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