Press Release
October 22, 2018
Houston, October 22, 2018 — Morae Global Corporation, the full-service, technology-enabled, integrated solution provider for the legal and compliance function, today announced the launch of its HERO Contract Negotiation Toolkit at the 2018 Association of Corporate Counsel Annual Meeting at the Austin Convention Center in Austin, Texas, held Oct. 21–24. This upgrade to the traditional approach to negotiation toolkits provides corporate law departments with a data analytics- and process-driven approach to the development and adoption of contract templates and negotiation playbooks.
“The contract negotiation process is often highly manual, inconsistent, and reliant on the institutional knowledge of the involved attorneys resulting in unnecessary risk, inefficiency, increased costs, and delays,” says Morae Global’s Joy Saphla, President, Alternative Legal Services. “HERO will help companies to mitigate risks, improve productivity, reduce legal spend, and shorten contract cycle times.”
Morae Global’s team of experienced professionals will work closely with clients to improve contract negotiation by:
Harmonizing contract term language
Equalizing templates with market norms
Rationalizing template variations and
Optimizing process and automation of manual tasks
HERO can support a variety of contracts including customer and vendor agreements, complex financial arrangements, licensing agreements, non-disclosure agreements, and more.
Morae Global is headquartered in Houston and has offices in Chicago, New York, Washington, D.C., London, Bangalore, Zurich, and Hong Kong. For more information about Morae Global’s solutions, visit https://moraeglobal.com/.
Morae Global Corporation provides end-to-end legal and compliance solutions to General Counsel and Chief Compliance Officers. Morae’s team of experts is comprised of some of the most seasoned and knowledgeable professionals in the legal industry who are trusted to transform legal and compliance departments worldwide. Core service lines include CLUTCH Information Management & eDiscovery; Legal & Compliance Consulting Solutions; and Alternative Legal Services. Using performance-based management consulting and technology-enabled information, discovery, and on-demand legal services, Morae Global is redefining the business of law. Morae Global has offices throughout the United States, including in Houston, Chicago, New York and Washington, D.C., and internationally in London, Bangalore, Zurich and Hong Kong. For more information about Morae Global’s legal solutions, visit https://moraeglobal.com/.