Just yesterday we opined that law firms are or ought to be looking at managed services partnerships to address their clients extraordinary Brexit and GDPR repapering needs and today (20 March) Fieldfisher and global alternative legal services provider Integreon have announced a partnership to expand Fieldfisher’s highly successful Condor Alternative Legal Solutions platform, providing greater depth, firepower and scalability to help its global clients meet their growing regulatory, compliance and budgetary pressures.
Condor was launched in January 2017 as an innovative new division of Fieldfisher with the aim of offering clients a flexible and customizable range of price-efficient and process-efficient services, partnering with best-in-class service providers and delivered in a single integrated “law firm backed” package. Condor’s services include: trading and commercial contract negotiation outsourcing, large-scale documentation project delivery and technology-assisted solutions including data extraction and analytics, contract automation, AI and robotics.
Condor has rapidly expanded, most recently in partnership with Cognia Law, South Africa. Now, in its partnership with Integreon, Condor has further increased its reach into the broader financial services sector to address many of the most burdensome regulatory requirements. As global financial companies face an increasingly exhausting array of complex regulatory requirements and compliance mandates, never before has contract management been such a vital, yet cumbersome, area to oversee and administer. Through innovative technologies and a deep bench of compliance experts Integreon offers financial trade documentation review and repapering, alongside customized GDPR, Brexit and anti-money laundering solutions.
Chris Georgiou (pictured), Condor CEO, commented: “We are excited to welcome Integreon to our Condor stable. Such a high-quality alternative legal services provider will enhance even further our ability to provide cost-effective solutions to our clients, who continue to face the daunting challenges of controlling or reducing their spend at the same time as having to deal with increased compliance demands. With GDPR and Brexit deadlines approaching, the additional strength and expertise Integreon brings to Condor will be invaluable to our clients.”
Integreon is one of four alternative legal service providers to be selected as a partner by Condor. In addition to its partnership with Cognia Law, last year Condor launched partnerships with eClerx, a leading Indian business process outsourcer, bringing class-leading process expertise and management reporting to its clients and Donaldson Legal Consulting, a specialist Belfast-based financial markets contract negotiation team.
Following a year-long vetting process, Fieldfisher chose Integreon as one of a limited group to support the Condor platform. Through this partnership, Integreon clients can take advantage of the technological innovation, multi-lingual capabilities and process efficiencies of alternative legal services combined with expert legal advice from a leading international law firm. Condor has already attracted several leading bank clients and recently won a European FT Innovative Lawyers Award for New Business and Service Delivery Models, recognizing its disruptive and client-centric innovation.
“By partnering with Condor, Integreon is able to help global companies meet their burgeoning compliance requirements whether they result from GDPR, Brexit or AML regulations,” said Bob Rowe, CEO of Integreon. “Our deep understanding of the financial services industry combined with our highly efficient processes and powerful technologies have proven to be an incredibly valuable resource. Now, with the support of Fieldfisher, the value of Condor is even greater.”