We recently conducted our second Corporate Counsel Contracts Survey at the Association of Corporate Counsel Annual Meeting. The survey was a follow-up to one we conducted in 2009, and explores a variety of issues affecting the contracts process, the level of adoption of document assembly software and the most common methods of contract management.
The results were previewed in a recent webinar which is now available on-demand. You can sign in here to view the webinar. During the presentation you will see that the poll responses from attendees at the live webinar closely mirror the survey results.
New to this year’s survey is a ranking of the top contract risks. Approximately ¾ (71%) of respondents reported being concerned about the risk of revenue leakage as a result of their contracts. Results from this survey have been compared to results from the 2009 Corporate Counsel Contracts Survey to assess how the practice of contract management is maturing.
The full results report will be available to readers of this blog after the first of the year, so please check back. In the meantime, have a wonderful holiday season.