Bringing contract review in-house at Loftin Equipment
Loftin Equipment uses First Rule to standardize contract review across their team and reduce reliance on outside counsel for routine reviews.
Problem
Outside counsel review was slow and expensive for the volume of contracts the team handled. Reviews were inconsistent, and risk decisions depended on who happened to read the document.
What we implemented
- First Rule's construction playbook for consistent flagging across reviewers.
- Marten for clause-level Q&A on prime contracts and subcontracts.
- Embedded video training for the team to build contract literacy.
What changed
The team now triages contracts in-house, escalates only the high-risk items to counsel, and applies the same standard to every deal — saving time and money while improving consistency.