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The more statistics emerge on contractmanagement, the clearer it becomesthis process is time-consuming, complex, and critical to business success. If your team is spending weeks handling contracts, its not just slowing things downits taking valuable time away from higher-priority work. You dont have to outsource everything.
Legal teams are no longer just advisors on regulatory compliance or disputeresolution—they are now key players in data governance, risk management, and strategic decision-making.
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Keeping track of contracts can feel like trying to tame chaosdetails get missed, deadlines sneak up, and the whole process eats up more time than it should. Heres a surprising fact: poor contractmanagement costs businesses up to 9.2% Get in touch with Percipient today and take the first step toward smarter contractmanagement!
Recital supports every phase of contractmanagement maturity Don’t need a CLM Getting ready for a CLM Already have a CLM Works in the tools that lawyers already use (Word and email), so doesn’t require them to change how they work. Recital works in Word and email, for fast adoption without changing how lawyers work.
2 – You set unreasonable deadlines or don’t set them at all As we said, the contract process consists of several stages. If you haven’t discovered the contract lifecycle management system (CLM) for yourself yet, now is the time. The post What’s Wrong with Your Sales Contract Signing Process?
Litigation Counsel Litigation counsel manages the company’s disputes and litigation, whether handled internally or through external counsel. Responsibilities: Develop litigation strategy and manage cases. Advice on disputeresolution options. Experience in managing complex litigation.
Litigation Counsel Litigation counsel manages the company’s disputes and litigation, whether handled internally or through external counsel. Responsibilities: Develop litigation strategy and manage cases. Advice on disputeresolution options. Experience in managing complex litigation.
Establish Strong ContractManagement Processes To mitigate legal risks, it is essential to have robust contractmanagement processes in place. In-house legal counsel should oversee the drafting, review, and negotiation of contracts to ensure compliance and minimize legal vulnerabilities.
Establish Strong ContractManagement Processes To mitigate legal risks, it is essential to have robust contractmanagement processes in place. In-house legal counsel should oversee the drafting, review, and negotiation of contracts to ensure compliance and minimize legal vulnerabilities.
Elevator pitch: Fourth Party provides modern solutions to legacy problems within the legal space – particularly alternative disputeresolution. We help negotiators to manage tasks, access case files, and track results securely, anytime and anywhere. Elevator pitch: Autonomous contracts (self-executing smart contracts).
Recital supports every phase of contractmanagement maturity Don’t need a CLM Getting ready for a CLM Already have a CLM Works in the tools that lawyers already use (Word and email), so doesn’t require them to change how they work. Recital works in Word and email, for fast adoption without changing how lawyers work.
Elevator pitch: Fourth Party provides modern solutions to legacy problems within the legal space – particularly alternative disputeresolution. We help negotiators to manage tasks, access case files, and track results securely, anytime and anywhere. Elevator pitch: Autonomous contracts (self-executing smart contracts).
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