Case Study: Twinkly achieves 50% faster contract negotiations with SpeedLegal

How Twinkly Reduced Their Contract Negotiation Time By 50%

Twinkly, a tech company that produces smart lighting, faced significant challenges managing its growing volume of contracts. The process was manual, time-consuming, and relied heavily on expensive outside counsel, leading to missed renewal deadlines and high costs. To address this, they turned to the SpeedLegal platform for a solution.

By implementing SpeedLegal's features like Contract Summaries, Automatic Reminders, and the Red Flag Table™, Twinkly automated its contract review and management. The results were substantial: a 50% reduction in negotiation time, a sixfold increase in the speed of identifying key financials, and an estimated $67,000 saved in outside counsel fees. SpeedLegal enabled Twinkly to handle contracts with greater efficiency and independence.

Twinkly

Alfredo De Felice

General Counsel