Contract Review & Analysis
Services
CDS Contract Review and Analysis Stats
3x the number of contracts reviewed and analyzed every day
70% reduction in contract review time
9.2% more revenue each year for companies who actively manage their contracts
3x the number of contracts reviewed and analyzed every day
70% reduction in contract review time
9.2% more revenue each year for companies who actively manage their contracts
CDS Contract Review & Analysis
Contracts reside in all corners of a corporation, from real estate leases to vendor agreements to human resources documentation. With documents spread across multiple repositories, companies, departments and locations, the lack of consolidation can result in lost revenue and lost opportunities.
CDS’ Contract Review and Analysis (CRA) solution consolidates a company’s contracts into a single platform where they can be analyzed, audited and normalized. By breaking down and categorizing each section of the contract, CRA simplifies and streamlines review for greater efficiency and significant cost savings. Powered by Heretik’s advanced machine learning technology, Contract Review and Analysis happens within Relativity, applying the same time-saving, accuracy-enhancing tools that set the standard in eDiscovery.
- Find pertinent data points faster.
- Record and QC key data points faster.
- Compare entire contracts or sections faster.
Leveraging the security and flexibility of Relativity alongside proprietary workflows, CDS’ legal technology experts help clients get a comprehensive understanding of their contract universe. CRA gives companies access to key business intelligence and actionable information to help make better decisions. Additionally, having a searchable, easy-to-use database helps companies manage risk and react quickly in time-sensitive scenarios such as regulatory compliance and mergers and acquisitions.
CDS’ Contract Review and Analysis solution allows users to:
- Identify and review sections of contracts, category-coded using machine learning
- Review versions and addendums within a single interface
- Review similar sections across contracts
- Compare contracts against approved standard and produce redline documents
- Record and store critical data points and comments for escalation and action
Our Team
7 Things to Keep Top of Mind When You Tackle Documentation in the LIBOR Transition
The LIBOR transition will impact close to $400 trillion in contracts. Organizations face a daunting task to examine, renegotiate and redocument any contracts containing LIBOR-based language or instruments before LIBOR expires on December 31, 2021.
Highlights from LIBOR Summit 2020 – Online Edition – Litigation and Documentation: Updates to Guide Your Transition Planning
COVID-19 has not stopped the need to plan for the LIBOR transition. In fact, appropriate planning and action has become even more urgent. For this reason, CDS and Greenpoint Financial co-hosted the virtual event LIBOR Summit 2020 – Litigation and Documentation in April to bring together experts to provide updates and advice to organizations, regulators, and counsel.
COVID-19 Business Impacts: Do You Know What Your Contracts Say About Force Majeure?
Whether as a landlord, a lender, a manufacturer or a buyer, the upheaval in our lives caused by the COVID-19 pandemic has impacted the way we do business. What you may not be aware of is the impact it can have on your business contracts. Force majeure clauses, often considered to be standard boilerplate contract language, have not gotten much attention before now.
