I need to keep the cost low for clients in order to keep a good relationship
I do an initial read through and overall I read the contract 4/5 times
Going through the documents, understanding if it is the latest version, categorizing and tagging them takes time
Editing, reviewing, maintaining document version control and checking for duplicates is very time consuming
Retrieving, storing and finding the right document takes time
I need to identify all contracts that have value higher than $100k
I need to review 100,000 documents and spot liability provisions (e.g. 100k $), IP provisions, etc.
There are a lot of exhibits and knowing exactly where the charts are within the document is time consuming