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Should You Outsource Contract Management Services?

Percipient

A business takes an average of 20 to 30 days to create, negotiate, and finalize a contract, according to Weshare. The more statistics emerge on contract management, the clearer it becomesthis process is time-consuming, complex, and critical to business success. What Contract Management Tasks Can You Outsource?

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Breach of Contract: How In-House Legal Teams Can Prevent It

MatterSuite

A small breach of contract can result in costly legal action, monetary damages, and reputational harm to a business. But how do they manage to avert such problems? In-house counsel is instrumental in spotting potential risks, drafting legally comprehensive contracts, and even providing consultancy services.

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Your Go-To Contract Risk Assessment Checklist

Percipient

Every contract has risk baked into itsome obvious, some buried in the fine print. Thats why contract risk assessment is a necessary step in protecting your business. Weve put together this checklist to help you assess contracts with confidence. What is Contract Risk Assessment? Whos delivering the service?

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Predictions for legal ops in 2023 with LaTrece Johnson of Palo Alto Networks

Simple Legal

Lately it seems like every legal new source is releasing whitepapers and webinars on topics like “How To Do More With Less?”, “Use Data to Drive Business Decisions”, “Improve Your Contracting Process”, and “Minimize Your Outside Counsel Spend”. Legal professionals are inundated with emails and overwhelmed.

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Buy-Side vs. Sell-Side Contracts: Differences, Similarities, Opportunities, & Challenges

AXDRAFT

Consequently, the way you manage both sell-side and buy-side contracts directly impacts the success of your business. No matter which industry your company is in, there are always departments such as procurement, outsourcing, and others that deal with buy-side contracts. New to contracting?