Many legal departments buy Contract Lifecycle Management (CLM) systems with an expectation that it will be a panacea for all contracts ills, right off the bat. It can, in fact, work magic, but ensuring it functions at an optimal level requires time and resources.
Despite the initial promise, some CLM implementations fall short of expectations, leaving legal teams with limited budgets to address gaps or inefficiencies that persist. This session will cover actionable strategies to optimize existing CLM systems that can bring quick wins and long-term benefits. We will also walk through a proven, flexible approach that can begin at any point along the contract lifecycle to provide increased efficiency through technology or process improvements.
Join our experts as they discuss ways to make the most of your CLM investment with topics including:
- Identifying and addressing common pitfalls in CLM implementations to unlock the “magic” of these tools.
- Practical strategies for leveraging existing skills in eDiscovery or legal operations to improve contracting processes.
- Approaches for sustainable, continuous improvement that allow for growth and expansion.