vGCO (Virtual General Counsel Office)
vGCO (Virtual General Counsel Office) is a our innovative collaborative platform for managing, tracking and controlling your legal and risk management issues and personnel. Having this platform "in the cloud" allows you, your executive and legal to team to share, discuss and contribute anytime and from anywhere in the world.
vGCO offers process designs, templates and document libraries to quickly get your team up and running quickly and effectively. Accessible via a standard internet browser, the SmartSheet® platform utilises an easy to use spreadsheet-style user interface.
Common Bottlenecks in the Legal and Risk Management Process
From jdrlegal’s vast experience in this area we have identified common bottlenecks in the legal and risk management process:
Legal and Risk Management Issue
|
vGCO Value Proposition
|
| The contract is a last stage hurdle to concluding the transaction |
Contract and contract processes are embedded |
| The contract is too long and too one sided |
Contract library contains short form and long form contracts that are drafted to be mutually beneficial for all parties |
| The contract process is expensive (billable hour existence) |
vGCO is a fixed price service, so you have price certainty, as well as access to core data and contract libraries from the commencement of the service |
| Contract process starts from brick one every time |
vGCO precedent and templates can be leveraged as well as previous work product from prior transactions |
| The contract drafting process is labour intensive |
vGCO allows you to save time and money by using both existing document libraries and previous work product from prior transactions |
| The contract drafting and negotiation process is risk adverse |
vGCO provides a document library of more progressive contracts that allow for risk management to occur, moving away from extreme risk adverse positions |
| Contract drafting usually comes from one social perspective |
vGCO content leverages global legal expertise and multiple party transactions |
| 90% of limited resources are expended on the pre-contract process |
vGCO allows the use to shift to at least a 50/50 split of time and resources on pre-contract and post-contract management issues |
| Legal clauses dominate relationship clauses in most contracts |
vGCO document libraries have a balance of legal clauses and operational process that is readily available |
| The business has no contract memory |
vGCO builds the business’ contract memory every day, and you leverage it every day |
| I don’t have an operational approach for dealing with contracts and business risk, nor global expansion |
vGCO is a robust operational approach to dealing with contracts and business risk as they relate to Australia and overseas operations |
Other Features
- Accessible via your internet browser
- Builds on the stable and growing SmartSheet® platform. Platform upgrades are covered as part of the monthly maintenance fees.
- Easy to use spreadsheet-type user interface
- A library of common legal templates, tips and articles updated monthly.
An example of a legal issues template:
vGCO Engagement Options:
- Annual License and Monthly Maintenance Fees
- Once-Off Fee for existing SmartSheet® users.
Please Register your Interest in vGCO and jdrlegal will contact you directly to discuss your particular needs: