Lexitas Partners with Telecommunications Company to Help Scale Its Contract Review

Project Highlights

• A leading telecommunications company was looking to standardize the review and negotiation of important high-volume agreements across regions while building scalability to handle anticipated growth.
• The lack of consistency in review and process created inefficiencies and significant cost variations by region.
• In Lexitas, they found an experienced partner who created a cutting-edge technology platform, developed consistent processes and playbooks, offered quick contract turnarounds, provided detailed reporting and ensured cost certainty.

The Scenario:

Our Solution:

• Lexitas met with the in-house team to fully understand and document processes, develop negotiating playbooks and apply best practices.
• In addition, a web-based intake technology was developed to provide an end-to-end contract management platform.
• SLAs were established to ensure timely contract review. Reporting allowed the client to track progress.
• As a result, Lexitas has become an integral part of the legal team.

Outcome: