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PracticeLeague - Legal Technology Solutions

Power your in-house into the future!

Industry Challenges

The in-house counsels in a media industry need a very sharp and clear transactional acumen. It is a challenging and niche area, where dependencies on the Legal Departments is astute. Turning every aspect of the practice to the business advantage is one of the key to this industry. Generally, the Legal Departmental challenges need many hands to adhere to time but businesses often cannot provide the resources the< Legal team needs.

A true pain in the neck for the in-house counsels is managing Contracts. The Media industry has many different types of contracts which are not just date driven, but also dependent on completion of specific jobs. From short term contracts to long term contracts or contracts for recurring engagements, the key requirement is to ensure a smooth tracking and management of important obligations, key deliverables, milestones, important terms, penalties, remedies, jurisdiction, validity, exclusivity, dates, renewals, etc. With similar obligations in numerous contracts, it is one of the most tedious tasks to manage manually. And to add to that, new contracts are added in bulk every month; drafting, vetting and executing is no easy task.

Solutions

Our powerful Contract Lifecycle Management solution helped the client in automating the entire journey of contracts from requisition to approvals, drafting, negotiating, vetting, signing, executing, managing and renewing. A single system gives the real time dashboard of every every aspect of all the contracts. It is improbable to miss any opportunity pertaining to business growth and effectiveness of contractual obligations. This has powered the Legal Department to rely on the automation system to do the heavy lifting while focusing on other factors essential for business growth.

The PracticeLeague solution also enables In-house counsels to manage their entire IPR portfolio. From trademarks to copyrights, the Legal Team can keep a track of all important assets and their important dates. Most importantly, it's seamlessly integrated with the Contract Lifecycle and Matter Management system. In short, it's a complete ecosystem to gain momentum in the business.

Automated

Customizable

Integrated

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Case Study

Our powerful Contract Lifecycle Management solution helped the client in automating the entire journey of contracts from requisition to approvals, drafting, negotiating, vetting, signing, executing, managing and renewing. A single system gives the real time dashboard of every every aspect of all the contracts. It is improbable to miss any opportunity pertaining to business growth and effectiveness of contractual obligations. This has powered the Legal Department to rely on the automation system to do the heavy lifting while focusing on other factors essential for business growth.

The PracticeLeague solution also enables In-house counsels to manage their entire IPR portfolio. From trademarks to copyrights, the Legal Team can keep a track of all important assets and their important dates. Most importantly, it's seamlessly integrated with the Contract Lifecycle and Matter Management system. In short, it's a complete ecosystem to gain momentum in the business.

Automated

Customizable

Integrated

To know how we revolutionized the Media Legal Department contact us