Now that we’ve looked at the benefits and potential pitfalls of contract lifecycle management systems; in this final article in the series, it’s time to consider how you integrate the investment in a new CLM system with your people and processes.
The first two articles of this series focussed on the power of aligning legal operations with business and GC strategy as a starting point for change.
To meet ever increasing pressure to become more agile and responsive to business needs, in-house legal functions are investing in transformation initiatives. However, all too often these initiatives disappoint or fail.
A survey of law firms and General Counsels conducted by Bloomberg Law last year found that more than a third did not have a legal operations function.
