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Should You Outsource Contract Management Services?

Percipient

The more statistics emerge on contract management, the clearer it becomesthis process is time-consuming, complex, and critical to business success. If your team is spending weeks handling contracts, its not just slowing things downits taking valuable time away from higher-priority work. You dont have to outsource everything.

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Data Literacy: A Critical Skill for Legal Professionals

Colin S. Levy

Legal teams are no longer just advisors on regulatory compliance or dispute resolution—they are now key players in data governance, risk management, and strategic decision-making.

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Zero-Based Drafting: Why contract templates are holding you back and how to ditch them to draft better contracts.

Colin S. Levy

Easier contract management. They let you manage contracts at scale. Start with boilerplate clauses that cover concepts like amendment, waiver, notice, governing law, dispute resolution, assignment, and entire agreement. Checklists on steroids. Templates ensure that you wont omit crucial items.

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How to Create a Strategic Plan For the Legal Department That Fits

Percipient

For example, if one of your objectives is to reduce contract turnaround time, you might assign a senior attorney to lead the project, supported by a contract manager and someone from the finance team to track cost savings. Their insight can help you track spending and find areas for better cost control.

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How Contract Review Automation Can Make Your Workflow Simple

Percipient

Keeping track of contracts can feel like trying to tame chaosdetails get missed, deadlines sneak up, and the whole process eats up more time than it should. Heres a surprising fact: poor contract management costs businesses up to 9.2% Get in touch with Percipient today and take the first step toward smarter contract management!

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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Above the Law - Technology

Recital supports every phase of contract management maturity Don’t need a CLM Getting ready for a CLM Already have a CLM Works in the tools that lawyers already use (Word and email), so doesn’t require them to change how they work. Recital works in Word and email, for fast adoption without changing how lawyers work.

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Your Go-To Contract Risk Assessment Checklist

Percipient

What happens in a dispute? Disagreements happen even with a solid contract. Thats why its important to check how the agreement handles disputes before things get messy. Strong contract management means looking closely at the process for resolving issues so you can assess risks tied to time, cost, and location.