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Contract Lifecycle Management

Build or update your CLM processes with our expert-led, technology-driven solutions.

Morae's Analytics Powered Approach

Leveraging technology to reduce cost, shorten cycle times, and improve quality and stakeholder satisfaction.

Successful Implementation of contract lifecycle management (CLM) can facilitate significant improvements in cost savings and efficiency. Additionally, by understanding and automating CLM processes, organizations can limit their liability and increase compliance with legal requirements. The Morae team leverages our real-world experience to help transform our clients' legal and compliance functions into nimble, results-driven teams that work smarter and more accurately, efficiently and effectively.

From intake, through negotiation, to administration and every step between, we deliver the right processes, technology, and resources to ensure efficient, cost-effective compliance and legal support for contracts.

We work closely with our clients

We improve contract negotiation by applying our proven methodology to refine templates, capture institutional knowledge and data, inject best practices into negotiating playbooks, and leveraging technology across the entire contract program. Choosing the right technology is crucial to improving both efficiency and effectiveness of CLM programs. We have unparalleled expertise, industry relationships, and the product knowledge needed to evaluate technology and make it work for you.

We take an in-depth look at your performance goals and assist you in delivering high quality legal services with the right cost structure.

Solution

CLM Optimization

Morae’s implementation services can help you maximize the return on investment in technology with rapid deployment and optimization of the right platform capabilities for your team.

Key to reducing cycle times

The key to reducing cycle times is standardization, through playbooks, templates, clause libraries and processes, including self-service options for the business and automation of workflows, policies and protocols, approvals, and permissions.

Morae will streamline all phases of contract lifecycle management for the in‐scope contract types (e.g., intake/assignment, drafting/reviewing, etc.) by using the CLM platform and eliminating process exceptions in workflows. In addition, we will leverage complexity matrices to help assign work, prioritization levels for queue management, and cross-training for capacity management.

Playbook Creation

The Morae team drafts substantive playbooks in collaboration with client.

​Calibration

Sample deliverables are prepared and presented to the client to allow for testing and calibration of guidance and training materials​.

Four Eyes Review Principle

Fixed percentages of each resource’s documents pass through a four eyes check.

Targeted Sampling

Learnings from four eyes review check allow the QC team to create additional field and resource targeted samples.

Programmatic Searches

Logic and probability-based searches are leveraged to identify documents requiring additional scrutiny.

Random Sampling

Utilizing Relativity’s native sampling capabilities, statistically valid random samples are created to 95% confidence with a 5% margin of error.

CLM Implementation Services

Morae's implementation services can help you maximize the return on investment in technology with rapid deployment and optimization of the right platform capabilities for your team.

Morae offers experienced consulting professionals and project managers who can guide, implement, upgrade, and enable CLM solutions. Our team includes in-house experience and lawyers who know contracts and understand the demands of the contract lifecycle.

Effective talent management

is right-sourcing of work, including reallocation of low-value work from senior attorneys and contracts managers. This empowers your team to focus on higher value, more satisfying legal work.

Establishment of a knowledge base

Morae has placed thousands of legal and compliance resources on-site with our clients who demand thorough background, qualification, and capability screenings for their professionals.

Managed capacity

Across existing teams to better address growth and changes in the business.

Enhanced legal “brand”

through increased responsiveness, reduced turnaround times and improved process transparency.

Fully managed services

including supervision, training, metrics, governance structure, escalation path and process improvements within the services model pricing.

Metrics and SLA driven operations

to enhance transparency, responsiveness, accuracy, and turnaround time

HERO; Morae’s proprietary methodology

Our HERO approach applies a data-driven perspective to the creation of templates, playbooks and processes for Contract Management.

CLM Implementation Services

Case Studies

Technology enabled

We deploy best-in-class technology in support of the entire contract management life cycle from intake to workflow to collaboration to drafting, review and negotiation to execution, sophisticated data analytics, sla/metrics, reporting and dashboards. Some of the solutions we work with include:

Talk to an expert

If you’d like to discuss any of your challenges or goals, our team of experts are here to help you find the right solution for your needs.