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Becky Holloway

Be a Legal Ops Hero: Contracts for All

Superheroes are everywhere these days. Hollywood has turned comic book dynasties into movie-making gold that dominate at both the box office and the award circuit. These high-flying protectors can be found on items from t-shirts to lunch boxes, and their appeal spans generations, attracting the fascination of young and old alike. But what if you had an opportunity to be a superhero right where you work? To be fair, you might get some funny looks if you came into the office wearing a cape, but that doesn’t mean you can’t make a profound difference for your whole organization and be a legal ops hero. It starts with contract management for all, because as we all know, superheroes help everyone and not just a small group.

Contracts Start with Legal

Traditionally, contracts have been relegated to the realm of legal. When a contract is needed, the first question is often: “Have you gotten legal involved?” It makes sense. The language and terms that govern a contract can be complex, and changing even a single word can radically alter the outcome of a contract. Ensuring proper legal oversight helps to safeguard the contract, and by extension, the entire organization.

Contracts Continue with Everyone Else

However, contracts, like your role in legal operations, touch many parts of the organization.  Just as your role is multi-disciplinary by its very nature, so too are contracts. Your role empowers you to be the connector between other areas of your organization, such as Sales, Finance and Procurement. And one way to distinguish yourself as a superhero is to become the champion of contracts and provide a proper CLM solution for all because remember, in the end, the superhero will save mankind.

Shared Contract Pain

Consider some of the major pain points of contracting across departments, and ask yourself the following questions:

Be Your Company’s Contract Hero

Each of these common tasks may involve multiple departments or business units. To think of contracts as just a legal function is to be short-sighted. Since legal ops sits at the hub of all of them, you can help yourself by involving others. Consider the areas of contract management that are currently the most difficult for your organization and evaluate the measures needed to ease the burden. Contracts go far beyond just the legal department. They impact the entire business. Over the life of a contract they may touch Sales, Finance, Procurement, IT, Compliance, and many others. This is where you have the opportunity to shine with a win for the whole business, not just your department. By making collaboration, communication, and coordination across the entire company central in your contract management, you can become a legal ops superhero.

Now the only question you need to figure out is, “What will be your legal ops superhero costume be?”