Global Law Practice Systems - Distribution AgreementCommercial Agency
Editorial Reviews
Book Description
Developed and used by attorneys at the prominent law firms of Morgan, Lewis & Bockius LLP and Hale and Dorr LLP, this expert, interactive software system allows practitioners to dramatically reduce costs and improve efficiency. Kluwer Global Law Practice Systems enables the user to quickly generate draft international agreements via an interactive computer dialogue. Once the user answers the questions prompted by the software, the computer automatically creates a draft contract tailored to the information provided. As the user enters the information, warnings pop up on screen if any aspect seems unusual or contrary to local advice and laws. The wide range of possible contracts includes + licensing, + distribution, + commercial agency, + value-added reseller, and + sale of goods. This software offers two major benefits: (1) Cost reductions: This system eliminates the need to use local firms in foreign jurisdictions at the initial drafting stage. The contracts created by this system provide the local counsel memoranda and precautionary notes for every country covered. They are also updated. This enables users to ask the right questions of local counsel to limit the costs associated with over-extensive reliance on outside advice. (2) Increased efficiency: This system produces an initial draft more quickly than starting from scratch, working from a form book, or cutting and pasting forms from past deals. It also removes the risk inherent in these other methods that the contract used as a template is flawed, inappropriate, or outdated. It standardises contracts so that contracts associated with a company become consistent. Finally, it allows more junior practitioners to produce the first draft of a contract and to do so without extensive supervision, thereby freeing senior personnel to focus on more complex matters. Other potential benefits include: employee education, development of a better electronic infrastructure, and improved staff confidence. The face of the legal practice is changing. The increased focus on bottom line means cost reductions and efficiency are more important than ever. In this vein, Kluwer Global Law Practice Systems represents the wave of the future.
Global Law Practice Systems - Distribution AgreementCommercial Agency,Kluwer Law Intl,9041107606,General,Law
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