9 Common Pitfalls to Avoid in a Document Review Process!

17
Jun,2019
Legal Document review

The document review process holds immense importance during litigation and is considered to be an expensive and labor-intensive task. It constitutes one of the major stages of the Electronic Discovery Reference Model (EDRM). The documents concerned with the litigation are assessed carefully for their responsiveness and relevance. The lawyers who review the documents must review them one by one to know the kind of information they contain and how useful that information is to the case. Adding tags, such as ‘hot’, ‘important’, ‘negative’, etc., help in collecting the most valuable information for the later use during the trial. 9 Common [...]

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How to Prevent Legal Contract Review Mistakes?

04
Dec,2018
contract review

When two or more parties desire to do business with each other, a contract addresses the activities entered into by both establishments and the terms through which they will accomplish each part of their agreement. Before signing any deal, businesses typically prefer to review the contract to understand all the terms and conditions imposed by the other party. This further helps to avoid disputes or claim for reimbursement if one fails to stick to the conditions mentioned in the contract. However, a contract is a legal document that involves legal terms, which cannot be understood by a layman. That’s the reason businesses [...]

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Why You Must Have Your Contract Reviewed?

23
May,2017
Contract Review

What’s the significance of contract review? A lot of business owners think it to be an agonizing procedure. Seeing the contract, comprehending it, the legal vocabulary heaven forbid you to have an attorney engaged. In case you don’t get a contract reviewed by an attorney prior to signing it, what might possibly go amiss? Numerous things! A higher percentage of the contract disagreements we observe occur as a result of a client signing or agreeing to a legal contract which they either didn’t glance at or perhaps didn’t comprehend. The ‘she’ll be right’ outlook is ideal for having things carried [...]

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How can Contract Review and Management Services Beneficial for Law Firms?

09
Nov,2015
Contract Review and Management

Review requests often overwhelm the lawyers working in a legal or business firm. A significant amount of time is spent in negotiation, contract drafting, contract review and management, which is a grueling process due to high volumes.  They demand considerable capitals for drafting, reviewing and managing contracts, and the process as a whole is a critical one. Organizations need to improve their capability to cater to the demand for contract legal- liability advice, edit and improve service in order to decrease risks, such as unintentional obligations which result in unapproved contract changes, propagation in languages that increase the chances of unexpected breaches [...]

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Taking Help of Contract Management Services

02
Feb,2014
Contract Management Services

Contract management services are part of legal outsourcing. The Indian law support seekers had been taking all sorts of a project for the clients and help them maintain their goodness at the court of law. The contracts that the law firms need to manage are pretty secondary and tertiary matters but the law firms without these services are unable to move a single inch. The lawyers in such cases looking into their helplessness are bound to turn these contracts to the law firms in the Indian Subcontinental nations. The law firms managing all the legal requirements of the American and [...]

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