Legal Analytics: 5 Common Questions & Answers

    By Sean Heck on 05/23/24

    reading-minutes-icon-one-color 5 min read

    Contract managers, contract administrators, law firms, and legal teams can leverage legal analytics to gain a competitive advantage and make informed, strategic decisions. Whether you are new to contract data analytics or a well-seasoned user of advanced legal analytics tools, here are five common questions answered.

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    Passing on Contract Analysis? You May Be Repeating CLM Mistakes.

    By Sean Heck on 09/15/22

    reading-minutes-icon-one-color 4 min read

    The age of digital transformation has forged a path of opportunity for analyzing vital information to improve business processes. This phenomenon strongly applies to contract data as well. Unfortunately, many businesses managing contracts fail to maximize contract data points to learn from mistakes and improve contract processes. As such, they fail to reduce risk, optimize contract terms and language, proactively recognize growth opportunities, strengthen the contract review process, and more.

    Thankfully, you can avoid falling victim to contract lifecycle process failure and stagnation with contract management software.

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