Saul Ewing’s Procurement & Contracting Services (PCS) team advises businesses on all phases of general procurement, IT and commercial contracting, including:
Preparation
- Formulating requests for proposals and evaluating responses
- Assisting with vendor or contract due diligence
Development and Negotiation
- Drafting and reviewing term sheets and agreements
- Negotiating terms and conditions
- Closing transactions
On-Going Management and Administration
- Providing on-going contract management
- Conducting compliance reviews
- Creating customized forms and templates
- Reviewing policies and processes, creating negotiation playbooks, and training employees
- “On-boarding” and “off-boarding” contracts in the M&A context
From handling simple sales and service contracts to complex master agreements, our PCS team customizes support depending on the client’s particular needs. Some of our most common arrangements include:
- Capacity Expansion: We provide an outsourced “FTE equivalent” to cover scheduled in-house staff absences, unfilled positions, unexpected workload spikes and similar situations.
- Outside Special Counsel: Our team is responsible for all contract matters, or for those in specific functional areas, such as procurement, on a day-to-day basis.
- Overflow Support: We work side-by-side with in-house counsel or procurement staff, handling contracts on an as-needed basis.
We offer a variety of alternative pricing models that help clients budget and manage legal expenses with a higher degree of certainty. These include capacity expansion fees based on salary and benefits otherwise payable to the FTE being replaced; flat fees per individual contract or covering a range of services; and fixed fees with risk-sharing or “cap and floor” features.
