The 8 Stages of the Contract Lifecycle

    By Jamie Reedy on 12/13/23

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

    Contracts are legally binding - and thus need to be executed properly.  Legal teams should equip themselves with a thorough understanding of the contract lifecycle.  The contract lifecycle is the process under which a contract is authored, reviewed, sent for signature, executed, and - potentially - renewed. 

    The "lifecycle" is an archetype used to compartmentalize and understand a contract's complex evolution.  The lifecycle begins with contract requests and concludes when these requests are fulfilled - with the possibility of managing contract renewal.  Let's further explore the eight stages of the contract lifecycle below and how digital contract management software can help streamline your contracting processes. 

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    What Are Signature Blocks in Contract Lifecycle Management?

    By Sean Heck on 11/28/23

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

    With digital transformation, the way we sign and validate documents has evolved significantly. The concept of a signature block is important in the realm of business communication and legal agreements. But what is a signature line or block exactly? Often seen at the end of contracts, emails, and business letters, these blocks are more than just a space for your signature. They are a testament to your identity, professionalism, and attention to detail.

    In this guide, we'll delve into signature blocks - from the basic signature line definition to its varied forms in different contexts like contracts, emails, and legal documents. Whether you're a business professional, an attorney, or simply someone looking to understand the nuances of digital communication, this blog will provide valuable insights into how signature blocks work, why they matter, and how they can be optimized for clarity and legal validity.

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    Signing a Contract: The Power of Electronic Signatures

    By Sean Heck on 07/10/23

    reading-minutes-icon-one-color 3 min read

    In the vast realm of contract law, you'll often hear phrases like "intend to enter," "verbal contract," and "put it in writing." These reflect the nuanced stages of contract creation, fulfillment, and enforcement. In today's fast-paced world, these traditional methods are quickly being replaced by more modern, efficient processes. At the forefront of this evolution is contract management software that employs the power of electronic signatures.

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    Electronic Signature Apps: What To Look for When Choosing a Solution

    By Sean Heck on 05/25/23

    reading-minutes-icon-one-color 6 min read

    In the bustling business world, the arrival of electronic signatures has signaled a new era in conducting contracts and business relationships. Like a colossal, advanced ocean liner amid simple wooden galleons, the transition from traditional, paper-based processes to digitally powered signing and approvals has not just been about keeping up with the times; it’s been about setting an accelerated pace.

    Electronic signature technology has transformed businesses across various sectors - establishing that pen and paper are no longer the zeitgeist of managing contracts and agreements. E-signatures can cut send-to-sign time by up to twenty percent!

    It's crucial, therefore, to understand the landscape when selecting the right electronic signature platform. Consider this your nautical chart as we explore the features to look for when embarking on your digital voyage with electronic signature apps.

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