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Regulatory scrutiny on fee and expense provisions in side letters is increasing. Here are 3 things GPs can start doing today to stay head of the curve on side letter compliance.

For the legal industry, the pandemic ushered in the unthinkable: For the first time, on a large scale, the practice of law would take place without the law office. As shutdowns swept across the world, lawyers once tethered to their desks found themselves working at home for months on end. Although the legal industry was long among the slowest to embrace remote work policies and technologies, the pandemic forced widespread adoption without the expected consequences.

In a climate where competition is fierce, timing is critical, and professionals are being pressed to do more with less, contract management systems can give businesses an edge on the market. 

Deiters sat down to discuss how Ontra innovates to help some of the world’s most sophisticated companies spend less time on routine documents and focus on their highest-value work. 

Outsourcing high volume, routine contracts to a specialized partner adds value and improves efficiency by standardizing the entire contracting process.

In working to find a long-term program to combat systemic inequality, we were struck by the efficacy of legal aid organizations. Simply put, they return stunning value to those who need it most.

Seddiqi joined Ontra in 2017 and was tasked with building its machine learning and AI programs to analyze and understand legal contracts to augment and automate legal services.