Category: Legal

Due Diligence is a blanket legal service that has a huge found application to everything that comes under the legal lens. Finally, every legal firm and business organization never directly deal. That is not with people, money, and invest time without the required due diligence. Therefore, due diligence forms the fundamental stepping stone. Before many numbers of critical transactions and decision making support.

Due diligence begins with a comprehensive and thorough review. Carries out audits to verify the process. Such as add in the required investigation, and confirm relevant facts to the legal task at hand. Therefore, majorly due diligence is proposed and scaled for Mergers and Acquisitions services in the business world.

Due Diligence Support Services

Due diligence covers a huge spectrum of areas. It requires the experts and experience of this vastly invested field in the legal gamut.

Finance & Taxes Due Diligence

Financial due diligence which checks the financial viability of the stakeholder company’s financials. However, the subsequent audits done on the financials. To determine the health status of a given organization on financial stead.

Legal Due Diligence.

Legal Due Diligence on its behalf checks to verify the legal documents. Since, risk management, legal compliance, and any liability complications that might be proving bothersome to the future management of strategic developments.

Financial and legal due diligence comprises the essential strategies to any legal firm clients and organization. But other forms of due diligence vary based on the specific tailored requirements of clients. Mainly concentrating fields like administrative facilities requirements due diligence, human resource due diligence for people. And most importantly for an organization environmental regulation policies and the obligations towards it.

The Due Diligence Process

Due diligence is followed with the plan to adhere to the checklist that entails the complete due diligence process. Since it keeps the company’s assets, liabilities, profits, managing contracts. And the eventual risk management under one comprehensive review, analysis, and record-keeping to make informed decisions.

Hence, we, at AEREN LPO, are fully staunch in conducting the initial analysis of the undertaken project. That is for due-diligence, prepare workflows for unique things to do and task strategies to carry out the financial and tax analysis. Also, collect requisite documents and review them for relevancy to the designated M&A or other feasibilities legal compliance and regulations checks, real-time status reports and monitoring throughout the project duration and offer risk analysis and management.

Visit us at www.aerenlpo.com to learn more about our due diligence support services and other legal services and solutions.

Legal firms, corporate houses, legal publishing houses, attorneys. And many legal outsourcing experts current unsettling agitation is the looming voluminous caseload. Since, low to mid-level legal assist tasks. And a deterministic solution in fixing an easy. Also streamline, and all through the year organize workflow management. For all levels of the organization.

Therefore, Off-shore outsourcing is a definite long term as well as short term solution that legal firms and organization. So, it can decide to move their workloads. And eliminate backlogs and increase efficiency in the way they conduct their business and relationship with their clients.

Therefore, AEREN LPO is throughout in the forefront for pioneering legal outsourcing . And leads our clients in strategic decision making and making leaps by delivering the consistent value. Since no legal task is too small to go unnoticed or pushed to the background. Since, everything has its own significance in the legal journey. And we ensure to deliver from large to small projects. So as the dedication, commitment, and full justice in making your outsourcing benefits manifold.

Access to Proficient Legal Experts

Hence, our attorneys, project managers, paralegals are not only experienced and deftly skilled. But hugely accomplished, qualified, and thoroughly adept in their practice areas. Moreover, each project is steered with the best of minds in the industry delivering world-class solutions every step of the way for all your concerns.

Latest Technology

We use and strategize technology both in-house. As well as the third party that enhances the access to perks a technology or a software brings into the workflow process, the much needed time, cost-saving, and quality infused in delivering everyday projects.

The Choice To Scale And Hire

So, we believe in not limiting ourselves to only a certain way of work done is done and considered. We believe in flexibility in needs, skills as well as the seasons of change that happens in any workplace environment. We give the utmost flexibility to our clients to choose to scale, hire, rehire, or limit resources at any time throughout the year.

Multi-dimensional Saving

Therefore, outsourcing is all gains, saving, and quality in all retrospectives. Since, A combination of the best resource assets, technology access, and management of everyday operating costs and training with complete transparency in bringing result-driven legal workflow management leads to huge perks and intangible profits expanded benefits.

Accord to Security and Confidentiality

Every project is guaranteed to uphold data security, confidentiality, and compliance adherence at all levels consistently. Since, not only limited resources and point person is in access to the information with the complete onus of responsibility in dealing with sensitive information in all of our project levels. Equipped with the industry state-of-the-art facilities and secured servers, we give utmost importance to mitigate data breach discrepancies.

Pilot Projects

To test the flow of project management and requirement understanding. So, we undertake free pilot projects to assess, co-ordinate and streamline the actual project workflow before the actual nod and initiation with further payment options in carrying out the complete project.

Hence, we ensure to deliver solutions customized to every fine detail and fulfill all our client requirements in each of their legal workflow tasks, including project initiation, continuation, mobile car wash near my location and completion with us. We offer end-to-end legal outsourcing in Contract Management, Managed Document Review Services, Global Immigration Management, Litigation Support Services, Global Compliance and Regulations, Legal Research and Analysis, Merger and Acquisition, Deposition Summarization and Transcription Services and Para Legal and Virtual Assistant Services.

Visit our website at www.aerenlpo.com to learn more about all our complete legal outsourcing services and solutions.

Virtual Legal Assistant Services is your easy go-to solution when in-house legal departments. And legal firms need the extra hand to professionally complete legal tasks that are voluminous. It requires fewer interruptions and overseeing management. Also, tasks that can perform better by automation. Virtual Legal Assistants are time, cost, and work efficiency savvy and keep you always ahead in your routines.

So, the leading decisional forces that make Virtual Legal Assistant Services viable. And attractive to the global legal market are:

Strategic Time Devotion Towards Core Legal Operations.

Firstly, legal firms are bombard with a load of voluminous legal tasks piling up every day in the attorney’s desks. These day-to-day activitiesneeda lot of their time and steal away the valuable time in strategizing along with it. Secondly, Virtual Assistants take the workload off your regular workforce plates. And return it to you with high-quality work completed in quicker turnaround times.

Extended Workload Productivity with Time Leverage

With professional virtual legal associates handling your increasing workload. Since, the organization and streamlining under virtual service management. It reduce unnecessary interruptions. And delivers task completions well in the schedule. With countries like India working in different time zone. Continuity and completion remain in a 24-hour cycle extension (12 hours per given day in EST and IST). Thus, making a real deal with productivity metrics. Also, some project schedules run 24 hours in IST exclusively depending on volume and timeline requisites.

Up-to-date Transcription Services

Therefore, running a legal firm and department taking everyday transcription logs is mandatory. In knowing the inside out happenings about actual timelines, people, and activities. So, Virtual assistants make perfect data entries of transcription. And record them systematically to bring the organization management without missed entries or mayhem arising out of small details not given due importance.

Operating Costs at an All-Time Low

Virtual Assistants operate at cost percentages 70 percent lower than actual employees. Since, Virtual Assistants get paid for the work done minus other employee benefits as in a regular employee. You hire or cost increase due to training or setting up their desks. Everything comes you virtually straight, quick, and with competitive tasks for. Even it become more qualitative competitive services.

Premier Services with Increased Business Efficiency

The desks, technology, and software are readily set up with the resource skilled in the specific domains. Therefore, the level of professionalism in the legal tasks are standard, with better time and workflow management in handling the legal tasks. This enhances the overall business efficiency when services offered are world-class.

Professional Handling of Deadlines

Deadlines are everyday routines when it comes to legal task workloads. A lot happening always leads to inadvertently running out of time. Firstly, our Virtual Assistants are trained to cope with time management efficiently and this makes them build a strong rapport with the performing legal workload and plan adequately to finish in the right timelines and deliver you successfully amidst any of your deadline challenges.

Miscellaneous Legal Tasks

So, Organizing files, making and answering calls for appointments and queries, scheduling calendars, create a special travel experience and anything in between for legal while in research and analysis to reviews and contract management will be duly performed with the experience and skills our virtual legal assistants focus to deliver results in.

Virtual Legal Assistants go about making your legal daily activities function smoother, quicker, and smarter in every way and enhance the value of your time with strategic legal tasks as well as your clients and bring in rich dividends.

Visit our website www.aerenlpo.com to know more about our complete range of Virtual Assistant Services.

The year 2020 completely changed the world’s perspective, with COVID-19 affecting people globally. And for the huge impact of losses and scare it caused worldwide. Here are the top 10 COVID-19 related legal services trends that were exclusive or relative in response to COVID-19.

Work-from-Home (WFH)

Therefore, WFH has become the universal phenomenon with lockdowns bringing countries, continents, states, and even inter-city borders to a complete standstill. Bigger organizations are extending WFH till June 2021 to tackle COVID-19.

Since, all legal services and solutions is adapt in a WFH environment. Or with a lesser percentage of staff in an actual office set-up.

Virtual Meetings

Firstly, Virtual Meetings were the first step towards continuing business amidst social distancing and WFH. Since, Zoom, Google Meet became the new mode of workplace meetups and for connectivity.

Clients and attorneys kept in touch and follows on obligations through virtual meeting spaces. Also, stays update and in touch for all their legal requirements.

Force Majeure

Therefore, Lot is talk and re-talk on every aspect of force majeure. And its provisions in regards to millions of contracts worldwide. But, the term trended everywhere for solutions to COVID-19 disruptions in legal responsibilities.

However, Contracts is either evaluate for a force majeure clause. Or amend to include one to protect the business losses in these hard times.

M&A for Antitrust Reviews

Mergers & Acquisitions of giants during pandemic have come under the lenses and ask for more comprehensive evidence to dispel monotony notions in anti-trust reviews and closely monitored.

Now M&A is critically view for the authenticity of the purpose. And the courts is approach for stopping the sudden boom in acquisitions.

Virtual Assistants

Improving staff availability due to the COVID-19 with Virtual Assistants and Outsourcing Solutions has been growing. Legal resources are affected by COVID-19, making businesses looking for cost constraints and procurement to fill the shortage.

Therefore, this has led more legal firms and businesses to drive their legal services towards virtual assistants, and legal process outsourcing companies as alternatives to compensate for their staff shortages, government regulations towards lockdowns, and other factors.

Business Continuity Plans

Business Continuity Plans for every organization were re-evaluated and reviewed for better future strategies and coming out of the current inadequacies and losses in carrying out business.

Moreover, Business Continuity Plans paved the way for contingency measures to overcome challenges and issues related to COVID-19 in sustaining the business.

Material Adverse Effects (MAE)

In light of COVID-19, a lot was discussed on what constitutes MAE and for one to refrain and abide by the contract responsibility and chalk it out to risks under MAE. Visit www.thefloridamaids.com. Material Adverse Effect provides the much-needed leverage in business while in the renegotiation of terms for termination circumstances of a business.

Occupational Safety and Health Administration (OSHA)

OSHA guidelines were incorporated by the Centers for Disease Control and Prevention (CDC) in the USA to minimize COVID-19 risks for employees in workplaces paving way for regulations to protect all the employees and monitoring the COVID-19 scenario.

Contract Breaches and Non-performances

Contracts all over the world went for a complete overhaul in struggling to cope with contract breaches and non-performances at the beginning of 2020. Since, contracts are expected to gain momentum and perform better in the nearing of the end of 2020 by integrating contingency measures implemented under re-negotiated contracts.

Employees’ Welfare for COVID-19

Moreover, new guidelines and support for employees is directly affects by COVID-19 or their family members and children’sneeds of care is review globally for leave requirements, pay benefits, insurance, and maintaining confidentiality and sensitivity while dealing withthe positively affected employee.

Therefore, we are now in the third quarter of the year 2020 and by now, things are looking to marginally improve by people becoming more cautious and aware to the spread and taking precautions, adapting to the new ways of working and living, and businesses changing their strategies to turn this year and the future in their stride.

Artificial Intelligence- The word AI brings to our mind the images of robots taking over the world almost as looking like humans walking in zombie films nightmare. Yeah, that’s the scare image that goes with AI.Hence, Legal process outsourcing is important.

 Let’s give a pause for a second here to know why does this picture about AI crosses our minds in a millisecond before we relate something to AI? Any guesses?

The answer is in the fear that AI will take over humans in every way, especially starting with every human job and render many jobless or take the importance of humans, ultimately becoming the voice automated boss robot commanding over the human race. Hence, Legal process outsourcing is important.

Rest assured, all AI is not a walking zombie robot but software-oriented tools with lots of trials and errors that have made it possible to carry out voluminous, repetitive tasks easier. AI is here to strike out the monotony that was insurmountable before to humans and hence eventually saves huge in terms of your money and much valuable time. This is Artificial Intelligence, that wants to disrupt your life is all about.

AI with legal integration

The same goes for AI in the legal field. AI in legal is advanced software and tools that take away the monotony that lawyers can vouch, for the enormous amount of time every attorney or a paralegal pours over in their desk. AI has made legal services smarter, efficient, and menial, repetitive tasks are now perfectly easier and bearable.

AI in legal makes legal even more interesting by

# Taking the long hours out of the picture

No more impossible hours for attorneys or paralegals, eventually giving faster turn around time to clients for any legal services.

# 100 percent no error rate

With AI, the slightest tendency of human error is completely eradicated, delivering projects with no risks of errors.

# Perfect for voluminous and repetitive tasks

AI is usually for making tasks which are huge and very much repetitive easier to work with. AI is the perfect solution to curbing monotony and performs to same results faster, efficiently, and effectively.

# AI makes overall management easy

AI makes any project management with contracts or reviews easier. It’s very cost-effective, effortlessly manageable, and even easier to keep in track and have control over everything at any given time.

# Additional tech support to enhance workflow

AI delivers additional tech support in means of legal software that makes process stream easier with clear-cut tech features for specific needs of contracts and e-discovery processes foran effective workflow at all levels.

Does AI mean Zero Human Intervention in the field of law?

AI without human intervention would look like a child operating a remote car. An AI software is fancy, fast, easy to navigate and operate, call back, keep track of and even find it if you lost with the locator button. But then without the child’s keen interest, it just better lay wrapped in its box.

The AI used in contract management and especially e-discovery of Managed Document Review Services are similar. It’s the Attorney’s interest and experience which makes it navigates in the right direction the client needs it to operate for their business.

Human intuition is fundamental to everything

Nothing can ever beat the quick-thinking solutions for problems, timely maneuver decisions in the right moment, ideas that generate, and eureka moments to do things even better which are only a special association with human behavior and tendency and especially to attorneys dealing with varied circumstances and situations at any given time.

AI is here to give you a good experience for handling all legal process outsourcing projects, increase productivity in completing long projects with the right resources, run things faster while in tracking or search of any keyword, clause or dates in a contract or legal documents, never wear down attorneys’ mental well being with performing the same tasks over and over since AI completes the repetitive tasks leaving strategic decisions and higher intelligence tasks in the good hands of skilled attorneys of the relevant fields of law.

AI integrated with attorneys in law will be a truly killer combination of brains and speed with no room for errors and unmatched quality.

The world now is realizing our superheroes in their battle against COVID-19 from the frontline- the healthcare providers. The healthcare organization, their health care personnel are now under the duress of challenges in a bid to save and protect patients amidst the coronavirus outbreak.

The healthcare workforce is also dwindling due to being prone to coronavirus from treating patients, shortage of protective gear, masks, and medical equipment, also patients ending up in large numbers than the healthcare system can handle the crisis. The lack of or irregular processes in the supply chain due to the pandemic adds to further challenges in meeting all the required healthcare needs and supply at the moment.

Healthcare needs to tackle legal challenges in three ways: 

1. One to handle the legal crisis in their in-house with issues related to inadequacy in supply chain management and equipment to protect their healthcare providers and patients.
2. Second, in response to the patient as an entity of employee-employer relationship organizations, the healthcare organization should be prepared for handling Protected Health Information (PHI) of the employees in terms of Health plans and insurances under the umbrella of HIPAA regulations.
3. Apart from healthcare and patients another source of legal issues needs to be handled are the government compliances which need to be adhered to, with new protocols related to the COVID -19 scare and welfare of public health.

At AEREN LPO, we are effectively processing healthcare legal solutions to handle and ease the legal challenges for both the healthcare organizations and corporates, the patients are associated with as employees, by addressing and providing solutions to everyone involved.

For Healthcare Organisations:

Focus on drafting the best course for your action plans and policy framework related to the COVID-19 emergency in response to US Govt’s new COVID-19 related policies.

Set priorities in handling the legal regulations in medical equipment supply chains for terms and conditions that apply under force majeure.

Drafting inventories and prepare contracts for Personal Protective Equipment (PPEs) to disclose supplies and demands for the health care organization as well in updating replies to the US Government protocols.

For Business and Corporates:

Reviewing documentation for employee eligibility and employee coverage for the Families First Coronavirus Response Act (FFCRA) of the US federal government in payment of paid sick leaves to families due to COVID-19 related health issues.

Addendum of additional clauses for measures in response to US Occupational Safety and Health Administrations guidance on Interim Enforcement Response Plan for Coronavirus Disease 2019 and Centre for Disease Control and Prevention (CDC) for safeguarding employees from COVID-19.

The Healthcare system currently is of prime importance worldwide, and any issues related to legal should not hold back in doing 100 percent in dealing with the COVID-19 crunch.

At corporates, employees being an invaluable asset, the recovery for the ones affected by COVID-19 and in a collective effort to save the employees and their families, corporates are now ethically bound to implement the new healthcare policies related to COVID-19 at the earliest.

A Deposition Summary is a very succinctly organized and summarized note or digest, giving clear and concise facets of the subject or exhibit. Deposition Summary is obtained prior to litigation from the witnesses. It is rendered orally after sworn in under oath, asking the right questions that are relevant to the case and help in understanding the client and the issue thoroughly. This deposition transcript is collected as means for evidence prior to the trial at court or for e-discovery.

A legal case takes many new twists and turns while in hearing when not rightly prepared for it. Unless the attorney and the client are well versed with the whole proceedings scenario at the tip of their hands one is sure to get overwhelmed by the opponent.

The Necessity of Deposition Summary

A deposition is in itself a real necessity. It’s like the complete book of information and facts and narratives of all the witnesses for the ongoing trial. However, the deposition summary is like the brief reference notes taken and referred to,which are very crucial on the day of the exam. The intention of the deposition summary is to discover the important key points of the deposition transcript and preserve the essence of the testimony.

A great deposition summary makes the attorney related to the case be in speed and have as a reminder note to himself with all the valid dimensions to the case rather than going through pages and pages of large deposition transcriptions and have the fear of missing out on essential and vital data at the time of hot trial happening.

How Deposition Summary is done?

The deponent’s oral testimony is adapted to written format and signed. These loads of pages of the deposition transcripts are read thoroughly and relevant details that are regarded as necessary to the ongoing case are identified. The transcripts are then prepared into a crystal and refined deposition summary. A good deposition summary is anywhere from a single page to four pages at maximum depending on the case size content and relevant details.

What does a deposition summary look like?

A deposition summary has the sworn in oral testimony of the witness in a short and to the point important aspects of a large deposition transcription. A standard deposition summary has the format page: line syntax. Based on the pages and lines in the deposition transcription made, the relevant data is extracted and for clarity and further reference if any made into a deposition summary with specifying the page number of the transcript and to the line in which the fact that is mentioned and abstracted to the required deposition summary.

A good deposition summary makes the trial a breeze to walk in without having the burden to refer to a significantly large line of case transcripts every single time.

Make the most of Outsourcing Deposition Summary

Deposition Summary Outsourcing makes it  more economical than doing it in-house. With highly specialized deposition summary writing attorneys well versed in the language and copywriting, a high standard and very succinct deposition summaries will be done in as much  less than 48 to72 hours. Saves you the trouble of time, cost and the task at hand in one go.

For deposition summary outsourcing with AEREN LPO please visit www.aerenlpo.com. We would be glad to deliver to you the best legal deposition summary.

The other day going through my subscription emails, I came across a thought-provoking article in Law.com, titled “Two Left Feet:What GCs want from Legal Technology” written by GinnaPassarellaCipriani and Zach Warren, dated 27 August 2019. I would have let it be as my daily reading quota if it had not raised all the right questions and they were nailed right to the point. Being an LPO firm, we felt we need to dispel certain unfounded hesitations that seem to be making the rounds regarding LPO vendors and legal technology.

The one thing everyone seems to agree about is the definite integration of legal technology with their respective law firms or corporate houses. So when that aspect is crystal, so what keeps them not consulting or outsourcing when the outside company has the required legal technology and resources to put your concerns and overstretched work at ease.

Hesitation #1: Distracted

Distracted because you have a lot of options to choose from? Fret not, that’s actually a good thing. It shows every Legal Process Outsourcing is getting better at what it does. So instead of a single go-to place, you have many waiting for your nod to give you the best in legal-tech. Still confused? Go ahead and read the rest to have a solid opinion on what you need and how to go about it.

Hesitation #2: Budget Constraints

Small, medium and big law firms alike have faltering thoughts about the budget that will incur to take legal tech companies on-board. However, LPO’s popularity is primarily of the budget in itself. Since most of the outsourcing is done in offshore countries like India and the Philippines where the cost of paying for an employee is far lower than the hourly wages charged in the USA and the UK it’s a huge advantage and added profit cum saving for the legal firm. A less budget doesn’t mean a compromise with tech. In fact, itsthe beauty of the whole thing, as in the AEREN LPO tagline we say, “Providing more with much less”. We have the best of Attorneys to integrate you with the significant legal technology.

Hesitation #3: Unfamiliar with Product  Capability

Most legal firms couldn’t decide what precisely the legal tech can do for them and their business strategy. That leads to them having self conflicted thoughts about the usefulness and scope of the tech into their everyday legal firm pursuits even without giving it a try. When we need to decide if a particular product or service is good we opt for a test sample first. Similarly, every LPO provides you with a free pilot before you decide to go ahead with them. So put full stops to thinking conflicts and go for a pilot test and decide for yourself and your firm betterment.

Hesitation #4: Provide solutions only to discrete issues

This is more or less a continuation of Hesitation #3. When going for a pilot project please ensure to double-check both your needs and LPO Attorney team perception of you are on the same wavelength. As an LPO we have tools to get your actual needs and have one go-to point person for all your requirements so its all incorporated and customized to your specific needs. Every legal firm is unique. So having a ready to go solution may or may not work at times. And that’s when you think it’s discrete. However, when your demands are exactly clear we know what exact legal tech to integrate you with and we work diligently to grant you exactly that- “A complete solution for all your needs. Never discrete”.

Hesitation #5: Will it be effective

Of course, it’s more than effective. It takes away from you your workload, saves you time, cost, resources and free up your precious time for your valuable clients, their facetime, and strategic business decisions that needed to be taken exclusively by you and your team.

Hesitation #6: Not ready for the real problem

I guess now after addressing the elephant in the room, your thoughts should be somewhere between clear to definite to choose the best LPO provider for you. With an LPO there is never a false- negative scenario outcome. You get only the real practical solutions for all your legal needs. All you need to do is know what exactly you want for your organization. Even if not, rest assured, we have our own experts to guide you and choose the right solutions designed just to you.

For further queries on this, please visit us at www.aerenlpo.com.

LPOs are one of the booming business in every IT industry in developing nations. Either the legal process outsourcing exists as a separate department among many other services in bigger MNCs. Or a company provides exclusive LPO services because of the founders and or the partner’s strong legal background. It’s the founders and partners vision and mission for the company that makes it stand tall and proclaim the brand name for legacies.

The Legal Team

A legal experts team is hired who bring even more rich experience and expertise to the company. The foundation is laid strong for the actual core activity in the days to come. The selection of the legal team is important because it entrusts the backbone for the whole LPO concept. The team will comprise the senior experienced attorneys who have been there done that already. As a lawyer always their wisdom and experience count and ensures formidable value in the long run.

The smart, savvy legal professionals are the next to be hired. An attorney is a combination of various skills and legal attitude that help them with their job necessity and relevancy. With the guidance of a senior attorney and the keen sense to add more weight to the work they perform,  the younger lot of lawyers put together are the ones who contribute much in the LPO. They are not actual freshers. In  India, lawyers who join an LPO actually have done a few years of the actual fieldwork working under successful lawyer and law firms trained under them and encountering or assisting legal cases in courts. Hence there are no novices either.

When outsourcing is being taken, the company is all ready and set to provide the maximum professional and best level of service at True Medical that they can provide that benefits both clients and the company as well. Reputation and skills are what keeps you ahead and earn trust and build your brand.  No company in their right mind will compromise that and hence all the prior background works are always carried out to the end of thoroughness. There are ISO certified quality checks the outsourcing company lives up to and ensure only the best service is delivered to the client.

Ancillary to the Legal Team

Meanwhile, when the lawyers are prepped and working on mock scenarios for various services the outsourcing company provides, they also equip themselves with the software and tools available in the market that the clients may actually be working on or will be ready to migrate to. Parallelly,  other significant departments also start their contribution to the overall development of the company. Those being the –

 The marketing team- comprising both business marketing and digital marketing

The business marketing team usually comprises of the project managers who are well adept in their skills to bring the business client to the company. The client in an LPO sense refers to a legal firm, corporate houses or legal publishing houses. The project managers and business heads can be from onshore or offshore and both the teams would collaborate in unearthing the potential clients for the business. They attend conferences and seminars and meet new clients or stay ahead in current business trends and also promote their company and brand value in these places.

The digital marketing team works on website visibility, search engine optimization, social connecting through Facebook LinkedIn, Twitter, Instagram, and any other social websites. Apart from this, the website gets ready for the company and content strategy in terms of the website as well as regular blogs are been updated. They deal with keyword optimizations for higher ranking and also deal with google ads and the likes. This brings traffic to the website when the client actually searches for the type of your company through online searches and browsing.

The tech team who designs and builds the websites and maintains them throughout the time the website is live.

Then there are the HR team guys who coordinate the whole process of hiring, keeping employee records, do payroll or anything in between to provide the right working ambiance for everyone else. Also with them are the maintenance team for both the building as well as for the systems.

 So, all in all, it’s a huge network of coordinated process running inside an organization to bring the best for the clients and good competitive business for the outsourcing company.

Administering and delivering of Pilot Projects by LPO company to Clients

Once all this is done and a live project comes from the client, the client is first provided with a pilot project. A pilot project will ensure both the client and the outsourcing company to know of each other. The client will get to know how adept the company is in handling the project and understanding their requirements. At the same time, the outsourcing company will know what the client needs and what are the possible resources both human and technology needed to complete the assignment.

For a particular kind of legal task the attorneys who are skilled for that service is chosen and the project is assigned to the team. This ensures that there is clear compatibility with everyone involved and the task gets done promptly. Clients are provided with options for updated software, tools and technology or also provide according to their already in-house existing technology if they prefer to. The attorneys work offshore, however, technically they work for you in-house.

Mete out the Legal Outsourcing Services

When the pilot project is a success and the client moves on to the actual collaboration, the cost is determined either as a one time fixed cost or according to the diversity of the service offered. Usually, legal outsourcing is majorly attractive because of its cost and time effectiveness for the client. The legal services will be done and the client is always looped and kept up to date with live dashboards and reports. A legal company will handle any specific kinds of legal services or provide services for an assortment of legal services like contract management services, contract life cycle management, document review, legal research, e-discovery, global regulatory compliance management, merger & acquisition support, IP services, global immigration management, online alternative dispute resolution are some of the major services LPOs provide.

When the pilot project is a success and the client moves on to the actual collaboration, the cost is determined either as a one time fixed cost or according to the diversity of the service offered. Usually, legal outsourcing is majorly attractive because of its cost and time effectiveness for the client. The legal services will be done and the client is always looped and kept up to date with live dashboards and reports. A legal company will handle any specific kinds of legal services or provide services for an assortment of legal services like contract management services, contract life cycle management, document review, legal research, e-discovery, global regulatory compliance management, merger & acquisition support, IP services, global immigration management, online alternative dispute resolution are some of the major services LPOs provide.

Behind all these, there goes a lot of research, syncing, organizing and systemization works internally to the LPO company, to deliver the best in class services for the clients. So find the LPO company which fits your company vision and go ahead with outsourcing. You know you already have lots on your plate to strategically deal with for your own business and so don’t let the legal services that can be outsourced to pull you back from being competitive.

 At AEREN LPO we render you outsourced legal services par excellence. Visit www.aerenlpo.com to learn more.

Happy legal outsourcing!

What is Contract Management Services?

When two parties enter into a negotiation to abide by the terms and conditions on the purpose of the agreement that is being entered into in the first place is known as contract and the services and provisions that are being offered to make a contract are known as Contract Management Services.

Why are Contract Management Services Being Done?

Contract management services are being done on the following reasons:

The first and foremost criteria are that companies can find their own contracts agreements they entered into, before thinking of effectively using them. Because of no prior systemized contracts organization,  companies lose out in terms of clients or monetary benefits and either way suffer losses.

A good contract management services are always good for business in terms of it keeping a business up-to-date with all of its clients.

Solid contract management helps in mitigating risks to the organization when they don’t miss out on their deadlines and renewal of contracts.

Next, contract management services help in keeping track of all the happenings in the company through contract timelines and know where the business stands.

A comprehensive contract management service integrates quality and consistency in business practices, thus, providing for a robust business environment.

How Contract Management Services is Done?

An effective  contract management software, when implemented, does the following services :

The Contract Archives

To find your contracts the best and only way is knowing where you put them. To know that,  a centralized storage repository comes to your rescue. All the contracts that you have made, currently making and the contracts that are going to happen in the future,  everything comes under the same database. It is synchronized, organized and arranged in such a way that there is no way you will miss or lose them ever. Proper inclusion of metadata fields makes the archives easy to search, identify and select. 

The Contract Cloud

The contract cloud is one where the contracts records are not just stored but kept in a way that it can be accessed by the involved parties in the contract negotiations from anywhere, anytime. A contract cloud is not confined to any location and at the same time, secure and confidential enough. Any information theft,  being divulged to competitors or hacking by anti-social elements can never happen. Instead, all you get is ease of use and accessibility of all your contracts.

The Contract Clauses Assortment  With  Latest Revised Boilerplate Language

Every contract negotiations are comprised of numerous clauses. Every clause is different in its own significant way. All the clauses are taken into consideration and the variety of clauses that goes into the contracts are collected, categorized and stored. An assortment of clauses is needed because of language style and the interpretation can be divergent in different contracts though they look to mean the same in the first go. Very careful planning of the clauses is very necessary to draft and negotiate a successful contract.

However, there are instances where some clauses are a must, standard and already tested in most of the contracts drafting, that these set of clauses are kept up to date in boilerplate language templates and are invariably ready for adding to contracts. These set of clauses don’t change often and hence in a certain period of the time interval, they are checked for updates.

The Contract Automation

When you have archives and cloud platform, automation is not far away. Every contract management process is automated. Automation adds special contract management tools for the contract management software for ease of contract drafting and maintaining the contract management software process in the long run.  Automation makes for easy readability of the contracts and also render functions like dashboards for reporting and live monitoring.

The Contract Review and Analysis

In contract review and analysis the various contracts made with distinct clients (also known as vendors) for business, are grouped  and hierarchied on the basis of their effective dates and streamlined in terms of their respective master and child documents, like as in schedules, attachments, work orders, statement of work, change orders, ordering documents and further amendments to these documents.

Thus hierarchy makes way for a clear, understandable and intelligible contract review and analysis and enhances the contract line of visibility and relevance of a specific contract categorization for a vendor.

The Contract Negotiation

Contract negotiation is very essential in contract management. Negotiations of contracts and both parties agreeing to the contract being drafted at a certain point of the negotiation process give the final actual contract in the end, for the parties involved to sign on the dot and stay obliged to it till the termination of the contract.

Some tools to aid in the negotiation process:

Red Lining

Redlining is the action of marking the lines in the contract and including where new amendments that needed to be added, modified or deleted are to be done. In here every step of the negotiation is reviewed and analyzed by both the parties so that they reach a negotiation that is beneficial for the business.

Gap Analysis

Gap analysis finds out the disparity in different negotiations done by the parties and fills out the inadvertently imbalanced clauses, terms and conditions and brings it to the notice of the negotiation process and thus helps in drafting an inviolable contract agreement.

The Contract Abstraction & Summarization

With contracts running for pages and pages, it would be a breather if there is a way to pleasantly review a contract in an easier way and still not miss any of the relevant details in the contract. This is achieved through the contract abstraction and summarization where the relevant information like every key date, parties involved, the reason for the contract, obligations of the contract, the termination will be mentioned in a way that you can understand and act to it in a glance.

The Contract Migration

There are times when a legal firm or a corporate house need to restructure their business or in the case when some mergers and acquisitions happen, there is a requisite for data migration that definitely needs to carry out for improvisation. So upgrading to new software to pool the contracts in a systemized manner, improve the data quality, as well as to enhance your overall business growth and advancement.

The Post Contract Administration and Compliance

Once the contract is finalized and both parties have signed, not everything is done and dusted. Following up of every contract diligently through its complete life cycle is post contract administration and compliance. Visit https://alliedexperts.com. The success of a contract is not only in drafting and signing it but also in fulfilling the obligations coming with it. 

This avoids any zeroth hour contracts overlooking but also keep track of all the contracts with enough alerts, renewals, generating assessment reports and thus prevent any risk exposure of the business.

Summing up, the contract management services software gives the best approach for the handling of all your contracts. Implementing a robust contract management services software leads you to gain strategic merit ahead in the competition.

At AEREN LPO we render you with the best in industry contract management services that give you the edge to your legal enterprise. Visit us at www.aerenlpo.com for other related queries and legal process outsourcing services.