Contract Insights

In-house counsel, paralegals, and other legal professionals are eager to streamline legal operations with lower cost and increased ROI.  As such, they should be happy to know that there is a way to optimize and centralize spend management, efficiency and productivity, communication, contract lifecycle management processes, contract data analytics, and more.  Here is how to improve legal ops with leading legal contract management software.

As General Counsel, you hold a tremendous responsibility within your organization – especially with managing internal stakeholders and maintaining efficient processes with external stakeholders.  Relying on disparate and manual contract management processes such as spreadsheets, filing cabinets, emails, and shared storage drives can create an inefficient contract management process that can waste time, decrease revenue, and increase risk.  Read on to learn why CobbleStone Software’s acclaimed contract management software platform – Contract Insight® - is the top choice for your processes.

As a paralegal, working in a fast-paced environment with tight deadlines without the proper contract management software system can leave you stressed, disorganized, and overworked.  Manually assisting lawyers with contracts – including tasks such as coordinating communications with stakeholders, gathering wet signatures, managing disparate compliance materials, and manually tracking key dates and milestones – can present time-consuming and error-prone challenges.  Fortunately, CobbleStone Software can help unify people, process, and technology – streamlining contract lifecycle management.  Read on to learn how CobbleStone’s legal contract management software – Contract Insight® – can help paralegals achieve contract management success.

As a lawyer, you manage a variety of contracts that involve ranging stakeholders and processes.  Yes, you may have help from paralegals and legal assistants to coordinate the contract groundwork.  However, when it gets down to the nitty-gritty of negotiations, approvals, signatures, and post-award contract management processes, you need a trusted and streamlined system in place to grant you optimal control over your contact management process.  Read on to learn how you and your legal team can significantly improve legal contract management software procedures.

General Counsel and paralegals face growing contract volume and contract complexity.  The lack of an efficient legal contract management process can render obstacles that legal departments encounter nearly impossible to overcome.  As such, here's how to utilize legal contract management software for a shortened legal contract lifecycle.

The Financial Accounting Standards Board's – or FASB's – current ruling and guidance on revenue recognition - ASC 606 - may be important from both accounting and legal contract management standpoints.  The legislation applies to organizations required to report revenue as per FASB standards, organizations that have earned revenue over time, and organizations that have earned revenue when goods and services are delivered or performed.  Discover how leading contract management software – which assists many legal and accounting professionals - can help organizations remain compliant according to the FASB's Accounting Standards Codification (ASC).

CobbleStone Software will be presenting Contract Insight®, our award-winning contract management software, at the 2020 ACC Solutions Expo on July 29^th, 12:00 pm – 1:00 pm ET.  This one-hour session includes a demo followed by a Q&A networking session.  The Association of Corporate Counsel's Solutions Expo provides legal professionals with the chance to engage, network, and participate in legal solution presentations to better aid their organizations’ efficiency and effectiveness.

Legal departments face ever-increasing pressure to deliver contract value and streamline legal ops with shorter contract lifecycle times and improved contract performance.  Legal departments that regularly measure the efficacy of their contracts against KPIs can proactively calibrate their legal contract management process to improve organizational impact through goal alignment and goal attainment.  Discover four crucial legal department KPIs in this article.