Our Blog

Happy Holidays? Let Contract Management Software Help Bring the Joy Back

How many of you are looking forward to the holiday season and everything it brings? For most people, late December means long evenings with family, too many cookies, and puppies leaping out of elaborately wrapped boxes; in short: joy. However, if you’re a corporate or in-house lawyers, chances are you view December with a mix […]

What You Need To Know Before Implementing a CLM Software Solution

You’ve realized you need a Contract Lifecycle Management (CLM) solution. You’ve also made the decision whether to build your own solution or buy from a CLM vendor. The benefits you’ll see are clear: complete and meaningful insight into contract data, increased ability to collaborate, time and cost savings, and better decision making through reduced risk. However, […]

How to Prepare for a Cyber Security Breach in the Big Data World

We’re living in the brave new world of big data. It’s here, it’s real and it’s already changing our lives in awesome ways. With all of its potential, though, comes the fear that the vast stores of information institutions hold will be used for malevolent purposes. The news has been filled with stories about data […]

Are You Afraid of the Dark?: Manage Risk Through Visibility

The scariest part of this Halloween season might be what’s lurking in the dark. We’re not talking about spiders and skeletons, ghouls or goblins; we’re talking about all the important – dare we say critical – information about your business that is kept hidden in filing cabinets, inboxes and shared drives. That’s right: contract data. […]

Upcoming Webinar: What is Contract Lifecycle Management?

Contracts serve as the backbone of the modern business. They contain nearly all the information you need to be able to assess the health of your business and your business relationships, both internal and external. The best Contract Lifecycle Management (CLM) solutions available today not only automate contract creation, they import key data points from legacy […]

What’s Wrong with Contract Management Software?

With time, CM software vendors will grow to match the breadth of the existing opportunity. In a recent poston his blog, Commitment Matters, Tim Cummins of IACCM observes that, while the usage of contract management (CM) software has increased substantially in recent years, it hasn’t quite lived up to the original hype. As a CM software […]

Using Tech to Reduce Paper Use: Why It’s Crazy Not To

Law firms use ridiculous amounts of paper. A study from a few years ago estimated that a single attorney in the U.S. will use up to 100,000 sheets per year – that’s nearly 400 pages per workday. And that’s crazy. Sustained awareness campaigns over the last few decades have led to a significant shift in public […]

Why the BUILD vs. BUY Question is Much Easier to Answer Than You May Think

You’re ready to implement a contract lifecycle management tool. Your company cannot maintain its place in the competitive market unless it adopts a comprehensive, streamlined system for managing the lifecycle of its contracts, from creation to archiving and everything in between. You need meaningful, complete insight into contract data; you need libraries of best-practice clauses […]

Law Can’t Run on Tech Alone: How Technology Will Help – not Replace – Lawyers – PART II

In our last post we began a discussion about the relationship between legal technology and the perceived threat it poses to lawyers’ job security. We noted that claims abound warning of technological advances that will all but supplant lawyers and – gasp! – even law firms. So what’s wrong with this notion of “robot lawyers”? […]

Law Can’t Run on Tech Alone: How Technology Will Help – not Replace – Lawyers – PART I

We’ve been talking a lot about the rise of legal technology (here) and how it will help corporate lawyers – and the businesses they work for – in exciting, invaluable ways (here and here). In this, the first in a two-part series, we’ll briefly explore the rhetoric surrounding the relationship between legal technology and the […]