Posted on October 3, 2024 by carl.murray -
Harnessing the power of contract management to reduce legal and financial risks
As General Counsel, you have dozens of things on your plate every day. Whether you’re fielding legal inquiries, negotiating contracts, advising company leadership on strategic business matters, or monitoring compliance with industry regulations, it’s likely that your schedule is filled with tasks crucial to the company’s legal health.
Given your busy calendar, it may be difficult to keep tabs on your company’s contracts. Not properly managing your contracts, however, can come with serious legal and financial risks.
Download this white paper to learn:
- What poor contract management looks like
- The many legal and financial risks associated with poor contract management
- Simple, effective strategies for managing your contracts better – so you can avoid costly mistakes
Access your copy by completing the form on the right and clicking “Download Now.”
Posted on October 3, 2024 by carl.murray -
A guide to artificial intelligence and its impact on legal departments today.
AI-based technologies such as contract management and contract review are empowering lawyers and legal professionals to engage in higher value work, helping them to accomplish routine tasks more quickly and accurately.
This guide takes a deep dive into how artificial intelligence is actually impacting corporate legal teams, the rise of legal technology, and a look at what is to come.
Download this Guide to learn:
- How AI is impacting legal departments today
- Where AI helps, and where it doesn’t
- Why legal teams should identify their core challenges before implementing AI technology
- How to manage departmental adoption of new AI technology
- What the future of contracting looks like
Access your copy by completing the form on the right and clicking “Download Now.”
Posted on October 3, 2024 by carl.murray -
Are you ready to leverage ChatGPT — the hottest topic in AI — for legal operations?
Since the release of ChatGPT, companies around the world have looked for ways to take advantage of its capabilities for their own purposes. Legal is no exception. However, ContractWorks is the first contract management software that has harnessed GPT-3 (software behind ChatGPT) potential for legal contracting.
This guide will help you learn how to use GPT-3 to achieve your contracting goals.
What’s inside?
- Legal processes that GPT-3 can be used for
- Contract management functions that use GPT-3
- Approaches to training ChatGPT for legal ops
- Tactics to ensure quality control when using ChatGPT
- Solutions to privacy & ethics concerns regarding GPT-3 use
Access your copy by completing the form on the right and clicking “Download Now.”
Posted on October 3, 2024 by carl.murray -
Exploring the relationship of technology to the growing legal operations field, how certain solutions help
For a business to thrive, you must have tools and processes in place that enable your legal, finance, and business teams to meet goals and objectives efficiently, but also allow you to adapt to unforeseeable circumstances. When it comes to contract management, that means having a system that allows you to access your contracts at all times, whether your team is in one office, working from home, or spread around the world.
Download this Ebook to learn:
- How online contract management can help you maintain business continuity when unexpected events occur
- Why outdated, manual processes, spreadsheets, and shared drives eventually stop working
- How online solutions can save you time, reduce risks, and help you make more informed business decisions
Access your copy by completing the form on the right and clicking “Download Now.”
Posted on October 3, 2024 by carl.murray -
Exploring the relationship of technology to the growing legal operations field, how certain solutions help streamline legal ops to solve common problems, and the role of general counsel in the expanding legal department.
Legal department operations have shifted over the last decade to reflect a broader, global drive toward more efficiency. Every market around the world has felt the effects of the last 10 years of soaring technological change, and the legal operations field is no exception. But legal departments are taking a multi-pronged approach to accomplish this goal of becoming more efficient to contribute to overall organizational profitability: they are onboarding specific people as well as technology solutions.
This paper explores the relationship of technology to the growing legal operations field, how certain solutions help streamline legal ops to solve common problems, and the role of general counsel in the expanding legal department.
Download this Guide to learn more about:
- Where Legal Operations has been and where it’s going
- Bringing on both humans and technology to make legal departments more efficient
- The impact on general counsel
Access your copy by completing the form on the right and clicking “Download Now.”
Posted on October 3, 2024 by carl.murray -
A guide to recognizing, establishing, and monitoring the most important Key Performance Indicators for your corporate agreements.
Is your business operating efficiently? Are you realizing enough value from your contracts? Is your company missing opportunities to minimize operational risk?
By establishing contract objectives and KPIs, you’ll give your organization tangible, benchmarked data that you can use to make effective and informed decisions, have transparent conversations with cross-functional stakeholders, and prove the value of the legal department.
Download this Guide to learn more about:
- Creating effective KPIs for key contracting areas such as contract efficiency, effectiveness, value, and risk
- Steps for successfully presenting objectives and KPIs
- KPIs to actively monitor SMART objectives
- Tips for getting started and ensuring success
Access your copy by completing the form on the right and clicking “Download Now.”
Posted on October 3, 2024 by carl.murray -
Download this checklist to review important aspects and best practices for a successful contract management process.
This Checklist Reviews:
- Policy & Procedure Requirements
- Administrative Setup
- Contract Requirements
- Contract Review
- General Contract Management
- Contract Monitoring & Reporting
- Fiscal Monitoring
- Managing Risk
- Contract Renewal
- Contract Close-out
Access your copy by completing the form on the right and clicking “Download Now.”
Disclaimer: The Master Checklist for Contract Management and Review provided by ContractWorks is intended for informational purposes only and is not updated regularly. Please note that ContractWorks is not engaged in rendering legal, accounting, or other professional services or advice, and any content provided by ContractWorks is not intended to be a substitute for legal advice.
Posted on October 3, 2024 by carl.murray -
Helping you quickly identify solutions to your specific contract management challenges.
General counsel, legal teams, and all those who manage contracts on a daily basis, we’ve created this Whether you’ve already made the decision to implement contract management software or are still determining the best way to take control of your agreements, this guide will help simplify your search for the right solution.
The Buyer’s Guide includes:
- An overview of the primary types of solutions used to solve contract management challenges – including a Solutions Comparison Chart.
- A step-by-step plan to help you choose a solution that aligns with your contract management challenges, goals, and budget.
- Insights into the contract management software pricing, and KPIs to evaluate software performance
- Plus, a Contract Management Software Selection Checklist
Access your copy by completing the form on the right and clicking “Download Now.”
Posted on September 29, 2024 by carl.murray -
Posted on September 29, 2024 by carl.murray -
As cloud storage solutions have become more popular and ubiquitous, understanding what that means for the security of your business documentation is crucial.
Download this whitepaper to learn:
- The similarities and differences between Dropbox & virtual data rooms
- Where each solution stands out
- How to chose the best solution for the specific types of information you are storing and sharing
Access your copy by completing the form on the right and clicking “Download Now.”
