Law firms have seen a proliferation of outside counsel guidelines in recent years, imposing a significant administrative and compliance overhead on the firm. Keeping abreast of every obligation and commitment across multiple clients and matters can seem impossible. Agreements may not be centrally stored or easily accessible, and many firms have an extensive backlog of documents waiting to be classified, which means that lawyers and staff are often unaware of the firm’s obligations, which may result in significant risk.
Intapp Terms assists with categorization of client terms of business and compliance with client obligations – it centralizes information on client commitments to facilitate management and visibility, giving firms peace of mind that these requirements have been captured and enabling law firms to fully understand the client terms. By communicating these obligations to partners, matter teams and staff and enforcing key requirements within the software they use to perform work, Intapp Terms enables entire organizations to effectively deliver on the promises made to clients.
Join the coffee break demo to:
- Learn about the evolution of OCGs and the challenges they impose for law firms.
- Look behind the scenes to see how Intapp Terms works and how it can benefit your firm.
- See an Intapp Terms demo illustrating how advanced capability and machine learning help centralize, categorize, extract and adhere to OCG obligations.