Adversity breeds innovation and that’s the case with legal operations. The function rose to prominence during the Great Recession by helping legal teams bring data and efficiency to...
Month: January 2024
Supply Chain Predictions 2024: AI, Sustainability Top Of Mind
To paraphrase a much-attributed quote, “Making predictions is hard. Especially if they are about the future.” And the last few years have not made the challenge any easier in the...
AI’s transformative role in empowering companies to optimize procurement
Artificial intelligence is a transformative force, reshaping the procurement landscape and offering companies an unprecedented opportunity to revolutionize their supply chain...
Risk Management: Identifying & Mitigating Risks in Federal Contracts
Federal contracts present lucrative opportunities, but they are tied to inherent risks like missed renewals and cybersecurity. However, don’t be discouraged as there are many...
Solving supply chain woes
Most of the supply chains that we rely upon today have been disrupted and shaped in some way by the events of recent years. These unprecedented challenges have highlighted the need...
Major Law Firm Debuts AI Tool that Writes Contracts
At a Glance Allen & Overy in the U.K. has rolled out an AI tool that can write contracts for lawyers, called ContractMatrix. It draws on current templates for contracts to draft...
Revise Contracts Now: New State Data Privacy Laws
A contract establishes an organization’s obligations and rights, serving as the framework for every business relationship. But as additional states continue to debate, approve and...
Contract Management: Bridging Buying-Selling Risks
#contractmanagement is not #sales and it is not #procurement. It is part of both. When it comes to buy and sell risks, organizations need to consider them from a single perspective in...
Defining Affective Post-Negotiation Contract Management
You finished the contract negotiations. You signed the agreement. All processes are up and running. The contract is officially a done deal, right? Not if you want it to be a complete...
Simplify Contract Negotiation and Close Deals Faster
Contract negotiations refer to the process of two or more parties trying to reach an agreement on legally binding terms. However, even if both parties have the best intentions from...