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5 Litigation and AI Trends to Watch in 2024

Contract Data Models: A Modern Framework for Digitization

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A Step-by-Step Guide to Turn Contracts into Data Points to Drive Strategic Decision Making

Innovation fever is gripping the law department and virtually everything is up for modernization, including the tried-and-true: contract. Contracts are an ideal target for innovation for good reason: the business is pressing legal to increase the visibility and accessibility of contract data to manage risk and drive value. The specific asks of legal departments include:

  • Rapid access to information about signed contracts
  • Proactive responses to company-wide challenges
  • Data-driven decision making
  • Automation to increase efficiency

Contract data models provide a framework for law departments to organize and act on data to deliver on the promise of digital. Download our step-by-step guide to learn how to leverage this best practice data management principle.

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