SOLUTIONS  /  High-Performance Contracting

Agility, expertise, and results.

Your business wants to move fast, and your legal team wants to cross every ‘t’ and dot every ‘i’. Factor eliminates the forced choice between speed and risk in managing complex contracting at scale.
“Challenge the notion that contracting cannot improve; we know that it can always be better. Don't settle for less than high-performance.”

Nimal Hemelge
Delivery Operations, Factor

<p>Nimal Hemelge<br><strong>Delivery Operations, Factor</strong></p>

Nimal Hemelge
Delivery Operations, Factor

High-performance contracting enables your legal and commercial teams to contract faster and smarter. 

Factor seamlessly integrates with in-house teams, technology, and counterparties, delivering services across the full contracting life-cycle, including:

  • Intake and triage
  • Drafting, reviewing, and redlining 
  • Complex negotiation
  • Data capture and maintenance 
  • Analytics 

We call this Integrated Law™. We've developed specialized contracting solutions spanning:  

  • Capital Markets/Financial Services 
  • Life Sciences including Clinical Trial Agreements
  • Technology & Telecommunications
  • Procurement
THE FACTOR
WAY

Turning talk into practice.

You no longer have to choose between speed and quality. Our clients bridge the gap to achieve superior contracting outcomes at scale while delivering at the pace their business demands.

Executed 8,000+ contracts per year

Decreased contracting time by 30% and OPEX by >10%

Streamlined process and consolidated documentation rationalizing active templates by 90%

CASE STUDY
Procurement Contracting for Global CPG

Executed 8,000+ contracts per year

Decreased contracting time by 30% and OPEX by >10%

Streamlined process and consolidated documentation rationalizing active templates by 90%

Manage over 2,300 buy-side and sell-side commercial contract negotiations annually

Support multiple jurisdictions and lines of business with a team of 30+ people from two Centres of Excellence

Activities range from routine queries on contract interpretation to complex negotiation of high-value client and supplier contracts

Oversee the “front-door” matter intake and triage process for all new requests, including matters assigned to both Factor and the client

CASE STUDY
Commercial Contracting for Global Telecom

Manage over 2,300 buy-side and sell-side commercial contract negotiations annually

Support multiple jurisdictions and lines of business with a team of 30+ people from two Centres of Excellence

Activities range from routine queries on contract interpretation to complex negotiation of high-value client and supplier contracts

Oversee the “front-door” matter intake and triage process for all new requests, including matters assigned to both Factor and the client

Drafting 4,500+ contracts per year with a team of 30 supporting 9 business units across dozens of procurement subcategories

Immediate client is the organization's Procurement function with solution spanning the gap between Legal and Procurement

Reduced contract cycle time by 25%

CASE STUDY
Procurement Contracting for Global Pharma

Drafting 4,500+ contracts per year with a team of 30 supporting 9 business units across dozens of procurement subcategories

Immediate client is the organization's Procurement function with solution spanning the gap between Legal and Procurement

Reduced contract cycle time by 25%

Responsible for drafting and negotiating 80% of the bank’s capital markets and prime brokerage documentation across a global team of 50+

Engineered total ecosystem around this work including rationalized templates, playbooks, approval matrices, client technology interfaces, and post-execution data capture

Reduced time-to-market by 38% over 4 years and contract defects due to policy deviations by 400%

Delivered nearly $20M in operating cost savings over 5 years

CASE STUDY
Capital Markets Negotiation for Global Bank

Responsible for drafting and negotiating 80% of the bank’s capital markets and prime brokerage documentation across a global team of 50+

Engineered total ecosystem around this work including rationalized templates, playbooks, approval matrices, client technology interfaces, and post-execution data capture

Reduced time-to-market by 38% over 4 years and contract defects due to policy deviations by 400%

Delivered nearly $20M in operating cost savings over 5 years

Experienced team (with 7 – 25 years of seniority) provides clinical, research, and commercial transactional work for a large pharmaceutical company since 2016

Negotiate 45 distinct agreement types in addition to reviewing bespoke requests

Handled 1,537 contracts in 2020

CASE STUDY
Legal Managed Service for Global Pharma

Experienced team (with 7 – 25 years of seniority) provides clinical, research, and commercial transactional work for a large pharmaceutical company since 2016

Negotiate 45 distinct agreement types in addition to reviewing bespoke requests

Handled 1,537 contracts in 2020

Get Integrated.

Learn how Factor can help.