This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Summize, a leader in contract lifecycle management (CLM) solutions, today unveiled the findings of its Legal Disruptors 2025 Report , with 77% of respondents saying the legal function is evolving. legal professionals, 55% cited compliance and regulatory issues as key drivers of the transformation.
With thousands of agreements spread across legal, procurement, and sales teams, missed deadlines, slow approvals, and compliance risks become major roadblocks. Thats why enterprises need contractmanagement software that automates approvals, tracks risks, and keeps everything in one place. What is ContractManagement Software?
And when contracts arent managed properly? Delays, compliance risks, and financial losses start piling up. Despite how crucial they are, contractmanagement is still a headache for many businesses. What Is ContractManagement Software? But managingcontracts isnt always a one-tool job.
Contractmanagement is one of those tasks that takes way longer than it shoulddrafting, approvals, negotiations, and endless back-and-forth emails can drag on for weeks. Automation of contractmanagement processes accelerates negotiation cycles by 50%, according to Weshare. What Is an Automated ContractManagement Tool?
Its no surprise that experts estimated 2025 would bring a 50% reduction in manual efforts for reviewing and drafting contracts, thanks to smarter tools and technology. Well, 2025 is here, and if you havent made the switch yet, nows the timeyou dont want to fall behind. Cloud contractmanagement software is the solution.
If youre spending too much time reviewing contracts, chasing signatures, or keeping track of deadlines, automation can handle those processes for youso you can focus on actual legal work instead of admin headaches. Case management software : Keep all your cases, documents, and deadlines organized in one place.
But not all contract review tools are the same. To make things easier, weve rounded up the best contract review software of 2025 so you can find the right fit and get contracts done fasterwithout the stress. What Is Contract Review Software? It extracts key details so you dont have to dig through pages.
Intuitive interface : Makes navigating and reviewing contracts simple and efficient. Global compliance tools : Designed to handle contracts across jurisdictions, making it suitable for international businesses. Best Features Centralized storage : Keep all contracts in one secure, cloud-based location for easy access.
Risk detection : AI flags anything unusual, like deviations from standard language, potential compliance issues, or missing terms that might lead to disputes. It Keeps You on the Right Side of Compliance Laws and regulations change constantly, and keeping up can feel like a full-time job. Can ChatGPT review a contract?
The right choice depends on your industry, contract volume, and risk tolerance. This guide breaks down the best contract analysis software for 2025, covering tools that go beyond basic automation to offer smarter, faster, and more reliable contractmanagement.
Automated workflows: Moves contracts through approvals without endless follow-ups. Audit trails: Logs every change for transparency and compliance. Security and access controls: Makes sure only authorized users can edit or approve contracts. Percipient offers the best of both worlds.
As we approach 2025, it’s time to sit and evaluate legal trends for the upcoming year. To save you time and hassle we have created a list of 2025 predictions aka legal industry trends that will be dominating in the industry for upcoming years. Using compliancemanagement software is the latest law trend, and it is here to stay.
Heres a surprising fact: poor contractmanagement costs businesses up to 9.2% Contract review automation is helping legal teams take control by cutting manual work, reducing mistakes, and speeding up the entire contract process. How Can Automation Benefit The Contract Review Process? of their revenue each year.
By 2025, a whopping 100% of all contract life cycle management (CLM) tools will rely on AI to help with scanning content in contracts. The answer is clear: investing in a tool with proper security features and up-to-date compliance regulations not only prevents catastrophe but can also save you money in the long run.
Henchman centralizes past clauses and definitions from any legal team’s contract database and delivers them intelligently in lawyers’ familiar Microsoft Word or Outlook environments. 75% of lawyers use these tools to manage their projects. What problem do you solve? Who are your competitors? Excel, Outlook, or Word tables.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content