By

Baer Reed
benefits-outsourcing-managed-review
The litigation document review process required for discovery has become both increasingly complex and expensive in recent years, as the volume of information and the types and sources of electronic data requiring review all continue to grow. To address this challenge, many law firms and corporate legal departments have chosen to outsource the process to...
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Confidentiality The Key Elements of Drafting a Non-Disclosure Agreement NDA
When drafting confidentiality provisions inside NDAs, attorneys should incorporate language designed to protect their company or clients’ critical business information without making the terms of the agreement too one-sided. Drafting an agreement with language that is too broad may not offer the protection the business needs. Similarly, using templates or “boilerplate” contract language can also...
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validating lease abstraction results
Lease abstraction is an important function for any entity with a portfolio of real estate leases, whether industrial, office, retail, residential, or any combination of these types. However, it can be challenging to know whether your lease abstraction results are providing the information needed to effectively evaluate those leases and take action when warranted. When...
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Should You Use A Commercial Due Diligence Checklist?
A resurgence in commercial real estate markets in many parts of the United States has both veteran property investors and new players engaged in more – and larger – transactions. Because of the financial stakes involved in buying and selling commercial real estate, investors need to conduct thorough due diligence on transactions prior to closing....
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mergers-and-acquisitions-law-firms-lpo-support
In increasing numbers, mergers and acquisitions law firms are turning to LPO service providers for assistance with the complexities and volumes of transactions. There are many reasons firms choose to embrace outsourced solutions for mergers and acquisitions, including the following: Professional Due Diligence One of the most time-consuming – and riskiest – aspects of mergers...
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Critical Clauses Reviewing Confidentiality Agreements
Confidentiality agreements, also known as non-disclosure agreements (NDAs), should be tailored to address the parties’ specific needs and circumstances. If a confidentiality agreement does not include certain critical provisions, it may be ineffective. When reviewing a confidentiality agreement, attorneys should look for the following key elements: Identification of the parties. An NDA should clearly identify...
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document review attorney best practices
An efficient legal review process is the foundation of a streamlined response to document requests. Best practices begin with the lead document review attorney, who will assemble a team, establish guidelines, and manage the project through to completion. Planning and Establishing Guidelines and Selecting a Team The legal document review attorney who leads the project...
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compliance-solutions-operational-costs
With both increasing and evolving regulatory demands, banks and brokers will often expend numerous resources to keep up with the changes, and this can increase operational costs often putting organizations over budget. The consequences for compliance-related penalties and fines can cost an organization severely. Because of the regulatory complexities and expertise required to stay compliant,...
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Law-Firm-Outsourcing-How-to-Use-It-Effectively
The idea of outsourcing legal services to a third party initially brought a level of hesitation and uncertainty to law firms, even if they needed the additional support. The ability to work more efficiently with qualified legal professionals, especially those who have been vetted and work in a secure setting, has brought about a change...
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Common Misconceptions about Legal Research Outsourcing
Conducting legal research can be a time-consuming exercise for many attorneys and law firms, especially for firms and corporations with a backlog of work, or organizations dealing with an influx of projects or cases. Legal research outsourcing can free up tasks for attorneys to focus on high-value work. For organizations considering using an LPO, here...
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