Pre-greements

This is a platform for law firms to have pre-agreed on formats and positions for contracts. So you might have an Ashurst and Allen-Overy rep hash out a baseline contract for something, including various approved plays and adjustments, so that there is a commonly understood starting point for a negotiation. A client can then engage Ashurst to do a deal, who finds that A&O are on the other side, and get a first draft done in record time – it costs the client less and there’s less “rounds” of negotiation because there’s a pre-negotiated starting point.

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