Contract Lifecycle Management (CLM) is a technological ally that speeds up, streamlines and secures document processes in legal departments. A diamond in the rough for lawyers, but what if it were a tool that works for the rest of the company? Both questions have an easy answer: CLM helps anyone who works not only with contracts but also with all kinds of legal documents. Human Resources, Finance, Procurement, Marketing… all of them can benefit. Regarding the sales department, the CLM is a resource to streamline its negotiation processes, secure them and make them more attractive to the customer.

Companies handle an enormous number of documents nowadays. Whatever their activity sector is, their legal, human resources, sales and, in general, almost all departments manage a large contract, template and report amount. Document automation is a solution that makes it possible to deal with this chaos of paper that takes up folders and folders. It is a technological solution that also helps companies to leap digitalisation and provides them with great flexibility.

At Bigle Legal we want to conquer the European legaltech market and we have just taken a solid step on that path thanks to a new investment round of two million euros. Led by Adara Ventures and ICF Venture Tech II, the round will allow us to increase our team size to add even more talent to our ship of Biglers.

Legal operations refer to the operations necessary for a functional legal department. These operations ensure that legal departments can provide more effective legal services.

Legal Departments are becoming more sophisticated in terms of the need to align with any company's strategies in certain areas. Increasing efficiency, training the legal team properly, adapting to the new times, selecting responsible suppliers are some of the keys that encompass legal operations.

Signing contracts to regulate the relationships that arise with suppliers and / or customers is something daily in many companies. 

These documents that we call "contracts" are nothing more than putting the parties' wishes in writing and are mostly fulfilled, but some of them may be breached, or at least part of the terms and conditions established by them. 

When that happens, the "contractual risk" that we will define below materializes and involves going to court to compensate the damages that have been caused.