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Migrate Legacy Contracts Seamlessly to your CLM
CLM Data Migration - A Smarter Way to Migrate Legacy Contracts and Search for Contracts
Our approach to contract migration combines the use of Artificial Intelligence (AI) along with the Human Intelligence (HI) of our expert contract attorneys, who will walk you through a phased approach during migration.
Contract Metadata Abstraction
Our attorneys prepare a contract abstraction playbook with you. We abstract the key terms and provisions across your legacy contracts and perform contract review and quality control, to deliver accurate results. Our team delivers the extracted metadata output in a suitable format to load onto your Contract Lifecycle management (CLM) software.
Contract Repository
Import legacy contracts and configure contract lifecycle management (CLM) comprehensively with folders, attributes, and security groups. Our attorneys help set up licenses based on client preferences and create an expansive template repository.
Contract Labeling
We create successful customer experiences for our clients by helping label the contracts in the repository, as soon as they are saved.
Clause Library Creation and Management
We draft the variants for different clauses in your contracts. These pre-approved clauses are stored on your platform. The clause variants are reviewed and validated at regular intervals to adapt to your changing business environments and needs.
Playbooks and Workflow Documentation
LegalEase attorneys create comprehensive Playbooks that provide legal and business explanations for all contractual terms, define pre-established fallback positions, and outline clear escalation protocols. Our experts help you monitor Playbook usage, and suggest workflow improvements to implement an efficient and collaborative negotiation strategy across your organization.
Template Standardization
Decentralized contracting practices and using too many templates increases contract risk, and potential liability. We standardize templates and will help set up a template for each contract type based on your needs.
Post-Onboarding Support
We help clarify any concepts, streamline workflows, set up reminders, and assist with review of terms for you.
Contract Protocol
We collaborate with you to develop a detailed protocol for review of contracts.
Validation
We perform quick spot checks, and validate the terms that are auto-populated, to confirm that there are no issues.
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