CREATING FASTER AND MORE EFFICIENT CONTRACTING PROCESSES
Our client, a global bank, needed to enter into flexible multi-national intra-group outsourcing agreements that had to be rolled-out to each local bank territory/entity.
The bank needed to be able to deliver these complex projects to aggressive timeframes to meet its overall transition timelines and to receive the benefit of these intra-group arrangements as soon as possible. The programme involved at least 20 internal project agreements with underlying local agreements for up to 50 countries per project agreement.
We assisted the bank by creating the form of agreements, based on the bank’s appropriate standard terms, structured so as to allow projects and local agreements to be entered into efficiently and provided a managed legal service to support the bank in entering into both project agreements and local agreements.
Interested in improving the way your high-volume commercial contracts are handled? We can work with you to take a step back and look at your pain points then create simple, efficient and cost-effective solutions. For a confidential free consultation email us today or call us on +44 203 865 1200.