News & Analysis as of

Contract Lifecycle Management

Cimplifi

Why Many First-time CLM Implementations Fail

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Gartner predicts that nearly 50% of initial contract lifecycle management (CLM) implementations will fall short of expectations. Implementing CLM successfully is a complex endeavor that hinges on navigating a myriad of...more

Epiq

Preparing for the Full Power of AI: The Crucial Role of Information Governance

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As organizations increasingly embrace the transformative potential of Artificial Intelligence (AI), the importance of robust Information Governance (IG) policies cannot be overstated. AI, a technology that mimics human...more

Integreon

Unlocking Your CLM System to Its Full Potential: The Importance of Migrating Legacy Contracts

Integreon on

When implementing a new Contract Lifecycle Management (CLM) system, organizations often focus on the future—how the new system will streamline contract management, improve compliance, and provide actionable insights. However,...more

Mitratech Holdings, Inc

Inside the Mind of Your Legal Leader: 4 Challenges and Trends

As legal leaders face growing regulatory pressures, their teams are taking note (and responding strategically to new legal trends). As the race picks up across state lines and abroad to implement comprehensive data...more

Integreon

3 Challenges that Prevent CLM Implementations from Achieving Peak Performance (and How to Overcome Them)

Integreon on

After investing in a contract lifecycle management (CLM) system, many organizations realize that getting a return on investment can be challenging, or worse, never realized. The most common mistake is thinking that all it...more

UnitedLex

Building Your Legal Dream Team: A Case Study in Data-First Collaboration

UnitedLex on

When Haleon set to demerge from GSK, its legal department faced a challenge: hit the ground running with a full catalog of legal services on day one—no small task for a global consumer health company with brands including...more

Mitratech Holdings, Inc

[Event] Interact 2023 - October 2nd - 5th, New Orleans, LA

Interact is BACK and coming to you live this October from the historic French Quarter of New Orleans! Last year’s event may have been named a finalist for Engage Media's 2022 "Best Brand Experience,” but this year, we’re...more

Mitratech Holdings, Inc

[Webinar] A Powerful Partnership: Combining Best-in-Class Mitratech ELM with Agiloft CLM - June 27th, 9:00 am PDT

We are excited to be the first to pair market-leading Enterprise Legal Management (ELM) and Contract Lifecycle Management (CLM) platforms to enable the seamless exchange of data between legal matters and contracts....more

Houston Harbaugh, P.C.

Contracts Prepared By Artificial Intelligence (AI) May Cause More Problems Than They Solve

Will AI enter the courtroom or replace lawyers in legal document drafting? This question is frequently being asked these days. While artificial intelligence offers an interesting new frontier for life in the 21st century,...more

Priori

Tiny Mic, Big Ideas

Priori on

Legal operations is the talk of the town in Las Vegas during the 2023 CLOC Global Institute (CGI), and our Marketplace Network Director David Drew was there asking legal ops professionals about what the present and future of...more

Priori

Cost-Saving Strategies for In-House Legal Departments: ALSPs, Legal Marketplaces and Process Tools

Priori on

Learn more about best practices for ALSPs, marketplaces and legal technology in Part 3 of this three-part series on cost savings If you’re looking for ways to get a handle on your legal spend, you’re in the right place....more

Husch Blackwell LLP

Legal Insights for Manufacturing

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We are pleased to announce that Husch Blackwell has published its inaugural “Legal Insights for Manufacturing” report, which provides a look ahead to 2023 and explores the key trends and issues that will shape the coming year...more

Mitratech Holdings, Inc

Workflow of the Week: Automating Your Claims Intake Process

Cut claims processing times and ensure a hassle-free customer experience by managing the claims intake process with workflow automation technology. Claims managers know that when an incident occurs, it’s going to produce...more

Mitratech Holdings, Inc

Four Signs You’re Outgrowing Your Legal Tech Stack (& What to Do About it)

As today’s legal teams are being faced with the challenge of strategic investment – time, money, focus, etc. – can technology help fill in the gaps? Too often, legal teams think that growing – in both employee count and...more

Mitratech Holdings, Inc

[Webinar] A Roadmap to Seamless CLM Implementation & Adoption - October 25th, 10:00 am CT

Join Mitratech, Morae, and Craneware for a live webinar discussion on what it takes to prepare a successful CLM implementation roadmap for rapid ROI. From creation and negotiation through to the approval process, manually...more

Husch Blackwell LLP

Why Focus on Matter Management?

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In July the Corporate Legal Operations Consortium (CLOC) published a best practice guide to matter management, titled “Matter Lifecycle Management (MLM) for Legal Teams.” This resource is geared for lawyers and legal...more

Mitratech Holdings, Inc

Gauge Your Contract Lifecycle Management Readiness [Checklist Attached!]

A Roadmap to Seamless Contract Lifecycle Implementation & Adoption for Rapid ROI - From initial creation and negotiation through approval and management, the contract management process consists of many stages and...more

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