Contract Insights

The ever-present challenge that your organization’s General Counsel and paralegals encounter is the growing volume and complexity of contracts.  A subpar legal contract management process makes obstacles for your legal department tough to overcome.  Your team must establish a legal workflow that streamlines the contract lifecycle, reduces risk, and cuts delays and bottlenecks.  CobbleStone’s Contract Insight^® can help.

CobbleStone Software will be exhibiting AI-powered legal document management solutions at the Legalweek New York 2020 Conference.  This highly anticipated legal technology event takes place February 3-6, 2020, at the New York Hilton in Midtown Manhattan. 

The omnipresent challenge that General Counsel and paralegals face is the growing complexity and volume of contracts.  An unsatisfactory legal contract management process makes the most difficult contract management obstacles for legal departments nearly impossible to overcome.

Many different types of organizations can enhance their respective source-to-contract needs with user-friendly and flexible contract management solutions.  To that end, we’ve examined five key organizational roles and explore their contract management challenges and how they can empower themselves with leading contract management software.

Are you aware that the GDPR (General Data Protection Regulation) was enacted by the European Union to help protect consumer information?  Yes, the GDPR is a good step forward in safeguarding the data of individuals.  In the United States, there have been comparable attempts by both the federal government and states to protect data of consumers including (but not limited to) healthcare privacy data protection (such as HIPAA), the Children’s Online Privacy Protection Act, Family Education Rights and Privacy Act (FERPA) and various similar state-enacted consumer protection laws (to name a few). 

The federal and state governments are indeed taking noteworthy steps in the interest of protecting consumer data.  However, California has notably stepped up the game with the California Consumer Privacy Act.  The California Consumer Privacy Act (CCPA for short) creates new consumer rights related to the access, management, and deletion of personal data that is collected by a business. 

CobbleStone Software will be exhibiting and presenting Contract Insight®, our award-winning legal document management software at ACC’s Annual Meeting at the Phoenix Convention Center October 27^th-30^th.  The Association of Corporate Counsel’s can’t-miss event is considered the “world’s largest gathering of in-house counsel.”

Legal teams face ever-increasing volumes of legal work and struggle to achieve goals without enough in-house resources to complete the evolving complex demands of the legal function.  General Counsel is now acting as an internal business advisor and strategist, leaving paralegals and legal assistants to lead the charge in a legal operations role that improves productivity and legal services quality, leverages technology to gain new insights, drives efficiency through automation, increases security, and decreases risk.  When it seems like there isn’t enough time in the day to reach your organization’s goals, the path to better document management can be found with the right legal filing system.

Business continues to accelerate globally.  The resulting rapidly shifting regulatory environment generates increased risk along with more opportunities, propelling organizations to rely on contracts more heavily to protect business interests and assets.  General Counsel and legal teams have a chance to create a new perception of the legal department that moves away from the appearance of a cost center for the organization to the forefront of organizational strategy by leveraging contracts as a growth driver.