We work with the financial services industry to get high-volume contracts off the desks of legal teams. They can focus on the strategic work, while the business gets world-class contracting support for a fixed price.
Radiant Law are the contracting specialists. We know how to deliver solutions to the headaches that legal (and business, sales, marketing and procurement!) teams at financial services organisations like yours face with their day-to-day commercial contracts.
We'd like to bring simplicity, speed and balance to your contracting processes. As an experienced, trusted and regulated law firm and Alternative Legal Services Provider (ALSP) our goal is to help reduce legal bottlenecks by taking a different approach to the way your commercial agreements are created, negotiated and managed.
It's not just about getting the work done; we believe we can offer significant strategic value.
Your contracting process has become all about limiting liabilities and circular redline requests that take forever to resolve. As a result, your business relationships - and revenue - suffer.
Lower value day-to-day contracts go to the bottom of the to-do pile because your legal team capacity is over-stretched and you need to focus on the strategic priorities.
Your business team is getting frustrated, and your legal team is burning out.
At least 50 contracts of a similar type a year (we handle lots of types, and much higher volumes).
Value of the typical contract (for commercial contracts) is up to £10m (we’ve done billion pound deals, but that’s not a managed legal service).
Contracts are regularly negotiated (so not consumer contracts).
You need support in timezone for negotiations and calls with the business (we cover the UK, EMEA, North America and Asia Pacific timezones).
Contracts are in English.
A managed legal service, supporting your end-to-end contracting process, from triage through drafting, negotiations and signatures.
Fixed pricing (either per contract or a retainer basis), so you can budget.
A proven methodology, so we close your contracts safely and at pace (we average 90% of agreements turned around within half-day).
A scalable team of lawyers who bring judgement to negotiations and work within your risk parameters.
Technology that helps, including document automation and an interactive portal with live reporting (and we can work with what you use already).
Continuous improvements, so the service and your contracting process keep getting better and the focus is on building great commercial relationships.
Regular governance, so that we can drive change and address any concerns.
3,000 sales contracts each year for a global financial data supplier.
1,700 sourcing contracts each year for a global bank.
1,800 NDAs each year for a global investment management organisation.
We believe in being generous with knowledge. Here's what we've learned through years of providing specialist contracting suppor
In the meantime, why not get a head start?
Not sure if your contracting process is as efficient as it could be? Find out in just 2 minutes with our free, confidential assessment. Get a detailed report pinpointing inefficiencies and offering actionable strategies.
When the idea of working with you was introduced I thought my company had lost the plot. How could an outsourced company do this work in the way it needs to be done? Now I feel completely differently! Having seen how it works, heard the feedback from the business and seen how everyone at Radiant interacts, I think it was a very, very good decision to bring you in.
Reformed legal sceptic
Global financial solutions organisation
Our managed legal service, with a focus on continuous improvement to drive efficiency and quality, is having a big impact at one of the largest banking and financial services institutions in the world. Read the case study here.
Managed legal services are a great way to supercharge your contracting. We also support high volume contract review and remediation projects. Download an overview of how and where we can help.
1. Reduce the number of deals you are sending to traditional law firms by using your in-house team. These are the most interesting deals, so it will be better for them, as well as better value.
2. To free your team's time to do these deals, send the simpler deals to an ALSP, which are more cost-effective and bring the skills needed to make those deals fly.
3. Give the business the tools to support the safest deals themselves, reducing the overall volumes that need to be supported by legal at all.
If you want to learn more, this article looks at how to optimise the resourcing of your contracts.
Commitment to and delivery of improvements are so important to us. One thing we are bad at internally, and historically providers were bad at too, is making stuff work better. Documents, processes, standard text, all of it. We have struggled to improve so there is great value to us in support proactively bringing improvement suggestions to us and actually making it happen.
From my perspective, you have a true commitment to improve and we are constantly being challenged internally by you on can we do this better. It is a great discipline to force on us. I think it would be easy to start strong with improvements for the first few months of taking on this work and then settle and let it go, but Radiant isn’t doing that. We are still talking together about making things better, ways of doing it differently and always striving to get a good result.
Delighted Associate General Counsel
Global banking and financial services institution
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