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Financial Services · 14 months

Contract turnaround cut from 26 days to 9 across 14 jurisdictions

Global systemically important bank

65%
Faster turnaround
1,900
Templates rationalised to 96
$11.4M
Annualised operating benefit

Engagement

  • Financial Services
  • 14 months

The situation

Four regional legal teams operated separate contract systems with incompatible taxonomies. Executive reporting was assembled manually each quarter and no one could state global exposure to a single clause position.

What we did

  1. 01Baselined cycle time and effort across 38,000 annual agreements.
  2. 02Rationalised 1,900 template variants into 96 governed templates with a clause library.
  3. 03Consolidated onto a single platform with jurisdiction-specific fallbacks.
  4. 04Deployed self-service for NDAs and low-risk paper, reserving counsel for negotiated matters.

Outcome

  • Median turnaround reduced from 26 days to 9.
  • 72% of NDAs completed without lawyer involvement.
  • Global clause position reportable within one working day.

Comparable engagement

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