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Settlement Agreement (Commercial Dispute)
US$499
The Problem
You need to document a contractual settlement agreement.
Related challenges include:
- layperson’s attempt to document settlement are rarely complete
- documenting settlement arrangements typically happen at speed
- you know that acting in haste and lead to repenting at lesiure
- you don’t want to inadvertently miss anything
- you know a quality document is crucial to deal efficiency
- precedents are available online, but they are of dubious quality and aren’t tailored to your needs
- you only have limited budget for external support
- it is the first time you have done this type of deal
Wouldn’t it be good if you could access a high-quality settlement agreement template that can guide you through common settlement considerations?
The GLS Solution
Our Settlement Agreement template is calibrated to help you safely and effectively document the resolution of your dispute with your counterparty in a cost-effective manner.
Like any legal arrangement, ensuring that both parties clearly understand their respective rights and obligations is key to a successful dispute resolution.
Our Settlement Agreement is designed by world-class lawyers to be comprehensive, easy to understand and easy to use.
This template covers issues such as: each party’s respective obligations to settle the dispute, rights waived, settlement conditions, confidentiality, warranties, costs & expenses and the settlement itself.
The clarity and simplicity of our Settlement Agreement will drastically reduce negotiation time and enhance contract performance.
Bonus Inclusion: This GLS solution is more than just a template - it also includes a 30 minute consult with a legal expert
Better, faster, safer, cheaper!
GLS – Law Rewritten
Solution Deliverables
| Guided Interview: | An easy to follow online interview to get all info needed, quickly and efficiently - including tips and explanations. |
Speedy Delivery: | Total Support Plan subscribers will receive their completed document instantly. *Pay per use customers will receive their documents within 12hrs of ordering, though typically within 45min. |
| World Class Templates: | World class templates, created by world class lawyers with decades of experience at the world’s best law firms. |
| My Account: | Copies of your documents will be saved in your own work space (see "My Account / My Docs" above). |
| Expert Consultation: | A 30 minute consultation with an in-house legal expert to address any issues related to your document solution. |
| Discount Rate: | As a user of this Document Solution you are entitled to a 10% discount on any engagement you enter with GLS Law Firm. |
| Constant Updates: | All our templates are regularly updated to track emerging market practices. |
| Harmonized Library: | Every GLS template is drafted so that it is harmonized with each and every other GLS template - same defined terms, clause ordering, boilerplate provisions, look n feel, plain English - meaning that every template you buy will belong to a standard document library set. |
Solution SLA Options and US$ Pricing
| Column one | Column two | Column three | Column four | Column five |
|---|---|---|---|---|
| DELIVERABLES | Basic | |||
| GLS Call Option Agreement | ✓ | |||
| 30 minute consult* | ✓ | |||
| *qualifying templates only | ✓ | |||
| Price (excl. VAT) | $499 |
Pricing Comparison
| Big Law Review | US Rate | GLS Cost | Minutes |
|---|---|---|---|
| Partner | $850 | $499 | 0h 35m |
| Senior Associate | $640 | $499 | 0h 47m |
| Blended Rate | $520 | $499 | 0h 58m |
| Associate | $480 | $499 | 1h 00m |
| Junior Associate | $420 | $499 | 1h 08m |
GLS RPLV Legal Operations Score
This solution’s GLS RPLV impact score:
| Resource Status: | Specialist | Repeater | Formative |
| Ease of Implementation: | Complex | Average | Easy |
| Value Demonstration/Visibility: | Low | Medium | High |
| Productivity Leverage Profile: | Low | Medium | High |
| IHL Line Optimisation: | Single | Multiple | All Lines |
IHL Critical Function Optimisation Targets
This solution enhances performance across the following critical in-house functions:
In-House Legal: Critical Functions / Processes
General Counsel
Contracting
Managed Service
Performance
Disputes
GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.
