Today’s interview will address the question, where do I start with my contract management technology? The interview is led by Allison Caggia, content and communication strategist at Malbek, and she is joined by Craig Conte, who is a partner at Deloitte Legal. At Deloitte, Craig is responsible for their contracts legal management consulting team and has been working in contract management and tech enablement for over 20 years. Craig is a qualified US lawyer who has practiced outsourcing in IT transactional law in New York and is a member of the global advisory board for World Commerce and Contracting. Continue reading “Where Do I Start with Contract Management Technology?”
Taking a Dive Into Contract Management
Contract Lifecycle Management continues to be a fast-growing legal industry sector, but do you know what it is?
This post is intended to provide a brief overview of what this sector is about. In this post, I will:
- State a few underlying principles of CLM.
- Answer some frequently asked questions about what CLM is.
- Provide some additional resources for further review.
Contracts are legal documents and, appropriately, are the domain of the legal function.
Managing contracts, however, is a cross-functional exercise involving several functions including finance, legal, sales, and in larger companies, procurement.
Jason Smith puts it this way:
“There’s a difference between managing the contract lifecycle (the process) and the contract (the document). The contract document is a legal artifact… the process is a business lifecycle. Once you understand this, the cross-functional concept becomes easier to address.”
Have You Reviewed and Approved a Contract Lately?
This week we are continuing our contract management “how to” series. This blog series examine the important steps needed to achieve ideal contract management. Even if right now you are overwhelmed and starting from zero, there is hope. Continue reading “Have You Reviewed and Approved a Contract Lately?”
How to Submit a Contract Request in a Jiffy
Today we kick-off a new series focused on the “how to” steps involved in creating a contract. In this series, each week we will examine the simple steps to reach nirvana in contract management. Continue reading “How to Submit a Contract Request in a Jiffy”