Case Study

Fortune 500 Entertainment Company Needed Rapid Review of Contracts Due to Global Pandemic

Goal

US entertainment company required analysis and legal advice regarding payment and force majeure clauses in more than 1,000 contracts.

The global pandemic environment led to event cancellations requiring a rapid review and analysis of implications of force majeure clauses in impacted contracts.

 

Solution

ElevateNext utilized the Manage Contracts module of Elevate’s Enterprise Legal Management (ELM) software to extract the relevant clauses.

Manage Contracts displays the data in an easy-to-digest manner, facilitating the required legal analysis.

 

 

Outcome

ElevateNext:

Provided an analysis of every contract within days of the assignment

Reviewed and analyzed 1000+ contracts for relevant provisions and impact

Delivered legal advice to the customer and a go-forward strategy to mitigate damages

Outcome

ElevateNext:

Provided an analysis of every contract within days of the assignment

Reviewed and analyzed 1000+ contracts for relevant provisions and impact

Delivered legal advice to the customer and a go-forward strategy to mitigate damages

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