Case Study: OmniStrategic - Leveraging Legal Technology for Business Growth

OmniStrategic is a consultancy company dedicated to improving business performance and supporting business growth through finance risk and business transformation. Ari Magalhaes as the Managing Director, the client oversees project delivery and manages the business using a mix of full-time employees and contractors, depending on the project's needs.

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Challenge

The main challenge faced by OmniStrategic involved dealing with contractual agreements with subcontractors and clients, developing memorandums of understanding, and ensuring compliance with ever-changing regulations. These legal needs required a robust, flexible solution that could adapt to the dynamic nature of the consultancy business.

Particularly around contractual contracts with my subcontractors, contracts with my clients, developing memorandums of understanding, and in some cases developing policies as well.... And another one is getting legal advice regarding particular matters such as IP management, privacy policies, and anything that I need to be aware of to make sure that I comply with the ever-changing regulation.

The Lawpath Solution

The client chose Lawpath as their legal solutions provider, utilising its AI-driven platform to manage legal documents, seek updated legislative advice, and schedule consultations with specialised lawyers. This approach has provided a streamlined, efficient way to handle legal matters, which is crucial for a consultancy firm that deals with a variety of client requirements and regulatory environments.

“I wanted to get some advice on refreshing my consultancy contract and I spoke to a lawyer, extremely knowledgeable....So in the end I came up with, I got a contract that's not only compliant but really it adds value for the business and also for the clients. It gives that additional assurance.

Impact and Growth

By integrating Lawpath into their operations, OmniStrategic has managed to streamline the legal aspect of their business, making it easier to stay compliant and up-to-date with relevant laws and regulations. This integration has allowed the Managing Director to focus more on business growth and less on administrative complexities.

It's excellent. I'm very happy. The ability of having that trustworthy legal advice in one place, get the support for all various sorts of legal matters. Having access to up-to-date templates, being able to add a short, relatively short notice, being able to consult with a legal specialist. I am getting very good value for money.

Future Aspirations

Looking ahead, OmniStrategic plans to further leverage technology, specifically generative artificial intelligence, to optimise processes and add more value to their clients. This forward-thinking approach aims to enhance the company's offerings and expand its impact on client businesses.

There's a huge shifting with technology with generative artificial intelligence and it will be really further optimising processes to add to deliver more value to our clients. So leveraging existing technologies to deliver more value and continue I guess continue to grow and help businesses grow and become more financially sustainable and resilient.

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