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.
The return to the office is here, but CLM technology ensures it doesn't become a stressful process.
Those long-awaited holidays have finally arrived. But, just as they arrived, they are coming to an end. The return to the office is already underway, and, in many cases, it comes with a corresponding ration of stress. To make a smooth transition from a period of total disconnection to a period of hustle, and avoid a painful return to school, find out which practical tips will allow you to return to the office at 100%, with a special mention to CLM technology.
Understanding that it is not enough just to certify corporate security is essential to prevent malicious attacks on companies during the holiday season
With the summer holidays fast approaching, companies need to secure their processes and remain vigilant against phishing attacks by hackers, who are always on the lookout for vulnerabilities in times of relaxation. Security is one of the most sought-after assets for companies. Secure assets, processes and information flows are key for companies to thrive and avoid risks that can put them on the ropes.
Innovating allows the lawyer to escape a loop of inefficiency, improve his client relationship and differentiate himself from the competition.
Innovation is a diamond for any industry, but the legal sector has traditionally been somewhat reticent about it. However, in-house lawyers can put their clients at the centre and offer them an effective and differentiated service compared to the competitors. If this is your case and you work as a lawyer in the legal department of a corporation, keep reading to find out why you should bet on innovation.
75% of lawyers struggle to cope with their daily tasks, something that is changing thanks to technology and proper project management.
Project management is a concept that is becoming increasingly important in legal teams, where managing projects is usually a complicated task. With 75% of in-house lawyers struggling to cope with their day-to-day tasks, managing people, resources and time in the legal department is becoming increasingly necessary.
As influential agents in society and the environment, organisations must adopt a sustainable philosophy that involves all areas and strategies
Made up of people, companies and organisations affect the society they are part of and the environment directly. The products or services we offer have an impact on what surrounds society and there is an increasing demand for strong values that support sustainability.
Managing the knowledge of companies in an increasingly virtual environment is a complicated task, but it becomes a competitive advantage if done with the right tools
Knowledge is key for companies. Even more in an environment that is increasingly digitised and involved in technology. Knowing to manage that knowledge properly makes the difference between effective or inefficient processes. Understanding and implementing the right tools for knowledge management should be one of your priorities for the business, so let's analyse what KM (knowledge management) is, how it relates to CLM (Contract Lifecycle Management) and how its merger will mark the digitisation of companies.
An in-house lawyer is tasked with preparing a contract with one of his company's suppliers. He accesses the corporation's document management software, fills in a form and, in a matter of minutes, the contract is ready. He sends it, via the platform, to the other party involved. Then he approves their comments directly on the document, and send it back to be digitally signed. Signed and ready, in record time!
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.
Topics: Legal industry trends, Legal industry, Contract management, Legal technology, Robotic process automation, digital transformation, digital documents, Document management, Digital Business, software
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.