All Articles
Contracts
Contract Lifecycle Management Demonstrates Clear Value
In addition to saving time and money, CLM software harnesses data to deliver actionable business insights that drives digital transformation.
Read More
Contracts
An Independence Day Celebration of Contract Lifecycle Management
Had contract lifecycle management software (CLM) existed in 1776, could it have helped the Founding Fathers draft, negotiate and sign the Declaration of Independence faster? Would we be celebrating Independence Day in June? Let’s walk through stages of the contract lifecycle and see...
Read More
Contracts | Legal Tech
Crossing Legal’s Digital Divide with Contract Data
Tim Donaghy, Chief Technology Officer at Contract Logix, talks about the role of data when it comes to contract lifecycle management and how in-house legal can benefit from being data-driven.
Read MoreContracts
Three Contracting Trends Changing Legal’s Role in 2022
Contracts are the backbone of every modern organization, and how to manage and digitally transform the contract process is now part of the senior leadership conversation.
Read MoreContracts
2022 Budgeting: Making the Case for CLM Software
Research firm Gartner predicts that by 2025, legal departments will dramatically increase their spend on legal technology. The firm also noted that by 2024, legal departments will automate half of the legal work associated with key business transactions, but that these same departments will capture only 30 percent of the potential benefit of their contract lifecycle management (CLM) investments by 2025.
Read MoreTop Tips for a Successful Contract Lifecycle Management Roll Out
Chief legal officers, general counsel and their in-house legal teams have dramatically accelerated their digital transformation initiatives since the start of the COVID-19 pandemic. This has resulted in an explosion of contract lifecycle management (CLM) software adoption, but after the purchase decision has been made, how can organizations measure the success of CLM software implementation?
Read MoreWhy In-House Legal’s Digital Transformation Starts with Your Contracts
There’s no question the need for digital transformation accelerated greatly during the COVD-19 pandemic with no signs of slowing as we start to get back to normal. That said, many in-house legal departments have lagged in supporting their company’s digital transformation strategies, but it’s not for lack of trying.
Read More