Contract Lifecycle Management

Not surprisingly given the economy, a survey of inhouse legal professionals finds that companies are slowing down or freezing hiring, reducing outside counsel spending, and conducting layoffs.
To help counter these cuts and reduce their workloads, legal departments are increasingly bullish on leveraging legal technology, the survey finds.
The survey by contract management company Lexion polled 450 inhouse legal professionals
Continue Reading As Companies Rein In Legal Spend, They Are Bullish on Leveraging Legal Tech, Survey Says

Tim Parilla isn’t just the Chief Legal Officer at LinkSquares… he’s also a customer. That unique position of being the leader of the legal department of a company whose mission is to improve the workflow and efficiency of corporate legal departments, creates an exciting environment for Tim and his team.

Juliette Kopecky is the Chief Marketing Officer at LinkSquares
Continue Reading LinkSquares’ Tim Parilla and Juliette Kopecky: These Aren’t Legal Problems or Tech Problems… These Are Business Problems (TGIR Ep. 180)

It’s been quite the week for acquisitions, as SironLabs acquires contract automation platform Zendoc and opens a centre of excellence in Nice, France, while Axiom enters the Australian market with …
Legal IT Latest: Acquisitions for SironLabs, Ontra and Axiom Read More »
The post Legal IT Latest: Acquisitions for SironLabs, Ontra and Axiom appeared first on Legal IT Insider
Continue Reading Legal IT Latest: Acquisitions for SironLabs, Ontra and Axiom

Gartner recently praised Icertis for its ahead of the curve business apps and Microsoft integration but warned of implementation issues, leading it to drop slightly in this year’s Magic Quadrant …
Icertis raises $150m to extend leadership in race to dominate the CLM market Read More »
The post Icertis raises $150m to extend leadership in race to dominate the
Continue Reading Icertis raises $150m to extend leadership in race to dominate the CLM market

At its annual RelativityFest user conference in Chicago today, the e-discovery company Relativity announced several new tools and features for e-discovery, privacy and compliance, data management, translation, and more.
The product announcements were made during the conference’s opening keynote presented by Mike Gamson, Relativity’s chief executive officer, and Chris Brown, chief product officer.
Gamson said that the company had already
Continue Reading At Its User Conference, Relativity Unveils New Tools for E-Discovery, Compliance, Data Management and More

Just one-tenth of contract language addresses contractual obligations. The rest is a valuable, overlooked resource that can help your business navigate risk in uncertain times.
Continue Reading 90% of Information in Contracts Is an Untapped Risk Management Goldmine: Pivoting From Efficiency to Resilience With CLM

As more legal professionals find themselves with CLM tools that don’t quite match the pain points they were hoping to solve, some experts suggest that it could lead to more thoughtful and intentional implementations of CLM tools compared to the rush driven by the pandemic.
Continue Reading As Legal Points to CLM Tools' Shortcomings, Could They Face Their Reckoning?