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CLM Glossary

From contract initiation to execution, this guide is crafted to assist contract professionals in grasping the nuances of contract lifecycle management.

All A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


An agreeement is a legally binding document that outlines the terms and conditions agreed upon by two or more parties. It encompasses the entire understanding between the parties and serves as the foundation for the contractual relationship.

AI Ethics

AI Ethics involves the study and implementation of ethical principles and guidelines in the development and use of artificial intelligence technologies to ensure responsible and fair practices.

AI Model

An AI (Artificial Intelligence) model refers to a computational model that employs machine learning algorithms to analyze and extract insights from contract data. AI models can assist in contract review, risk assessment, and decision-making processes.

AI Model Trainer

An AI model trainer is the individual responsible for overseeing the training and optimization of machine learning models used in contract management. It involves feeding the model with relevant data to enhance its accuracy and effectiveness in understanding and processing contracts.

AI-driven Automation

AI-driven Automation involves the use of artificial intelligence to automate tasks and processes in the contracting process, enhancing efficiency and reducing the need for manual intervention.

Alerts and Notifications

Automated reminders and notifications to keep stakeholders informed of important contract milestones, deadlines, and changes.


ALM, the host of LegalWeek, is delivers leading data & intelligence, information, insight, events and audiences across the Legal and Business & Finance industries. ALM helps set the agenda for customers to get and stay in the know about the biggest developments and most impactful trends in the industry.

Alternate and Private CLM

Alternate and private CLM customized or specialized Contract Lifecycle Management system tailored to the specific needs and preferences of an organization. It may include features and functionalities designed exclusively for the organization's unique requirements.