330 Contracts, 48 Hours: LegalEase Delivers Fast, Precise Staffing Agreement Review 

The Client is a global staffing services provider, connecting potential employees with top companies in industries such as financial services, information technology, and law.

Challenge

The Client provides placement services across various industries, which requires processing a large volume of highly specialized Staffing Agreements. In addition, these agreements need to be reviewed, the terms negotiated, and finally, executed.

  • The execution of these agreements follows a lifecycle that requires the go-ahead from various teams to proceed smoothly. This includes:
    • A business team to assess the profit margins.
    • A risk team to assess insurance-related risks.
    • An FSS team to assess payment terms and pricing-related terms.
    • The legal team to run an overall risk assessment and tweak the agreement in a way that negates excess liability that the Client could incur.
  • This execution process was not streamlined and had several bottlenecks, adversely impacting both time and money. These resources could be better utilized for strategic planning of staffing services instead.

Solution

  • LegalEase assigned a dedicated team of Review and Quality Check associates to serve as an extension of the Client’s legal department.
  • The Client was part of the agreement review process.
  • Risk areas in Staffing Agreements were highlighted.
  • LegalEase created a playbook with the Client’s unique requirements and priorities.
  • The LegalEase Analytics team created a personalized Microsoft Power BI dashboard especially for the Client to track the LegalEase Solutions team’s progress in real-time.

Benefit

The 1.5-year project engagement proved to be exceptionally beneficial for the Client:
  • Cost savings
  • Lightening the load on resources
  • Providing thorough reviews

Results

  • LegalEase Solutions provided thorough reviews within 48 hours.
  • By lightening the load on the Client’s legal team, LegalEase Solutions demonstrated resource-saving strategies that resulted in more engagements.
  • LegalEase Solutions provided the Client a summary of reviews, and tracked changes made for easier look-ups.