If you’re in M&A, contract reviews are a part of life—a necessary part of doing a deal that isn’t exceptionally exciting, but is incredibly important. The insights revealed in contract analysis can have implications not just for the success of the deal, but also for supply chain, procurement, and other downstream business functions.
With so many parts of a business relying on critical information from these contracts, you would think this would have been an area of innovation over the last few years. But surprisingly, the uptake of innovative and efficiency-improving technology for contract reviews has been limited. This means that there is a huge opportunity for legal teams to create additional value by coupling more sophisticated technology with intelligent analysis.
