Best Legal Counsel
If companies are looking for a business lawyer, they often ask for knowledge of contract law. In fact, drafting, reviewing and negotiating contracts is a major activity of lawyers. However, it can also scour existing contracts for risks, identify them and develop solutions that will be avoided in future negotiations. The common counter-argument here is that you can not enforce your own contract proposals against stronger partners or suppliers. Experience has shown that a good contract lawyer has a broad reasoning potential to solve such situations favorably for the company. However, he can also summarize the results of the negotiations in a database in order to make them available to sales or purchasing staff for their negotiations. In the US, 64% of legal departments believe that this increases the efficiency of their teams and provide IT specialists for this. And another hint: Of course much more important for the company is the experience with dangerous contracts that a non-legal trained businessman does not recognize.