Lombard Odier

Project

Swiss private wealth and asset management bank Lombard Odier had an extremely lean legal team who were dealing with complex M&A, counselling and business-as-usual document review without any technology tools beyond their email inbox. KorumLegal assisted them in implementing new technology to improve velocity and visibility, adapting and automating workflows within their processes.

Solution

To uncover and understand the bottleneck, we did a deep dive into internal processes. Based on that analysis, we formulated a list of technologies that would be the best fit for Lombard Odier’s in-house team. Our LegalTech consultants provided guidance around functionality and scope of the listed technologies. With our expert knowledge and the customer's needs in mind, we were able to filter through the list and select a technology that delivered optimal functionality at a price point that made sense for the size and scope of the use cases.

We did all configuration and scoping work with the vendor and helped to facilitate the pricing discussions. The final configuration has been delivered and is currently being built out and will shortly be ready for user acceptance training with the customer.