CLM Fundamentals for In-House Counsel: Key Steps for Ensuring a Smooth CLM Journey

Event Description

Contract management is one of the most important services delivered by in-house counsel to their organizations. Contracts touch every part of the business, and its often the main sector of interaction and integration between the business and the legal department. How contracts are structured, accessed, and shared with the business, as well as the overall process by which they are negotiated and ultimately executed is called contract lifecycle management, or “CLM” for short.

 

Getting CLM right is of crucial importance for in-house counsel. A clunky, inefficient, unpredictable, and frustrating CLM process reflects poorly on the legal department. On the other hand, a simple, smooth, efficient and predictable process reflects well on the legal department and is the standard by which all legal departments should strive for.

 

Given the critical importance of CLM, In-House Connect is thrilled to feature Lucy Bassli, author of CLM Simplified and the Founder and Principal of InnoLaw Group, PLLC. Lucy has spent most of her career as a commercial transactions lawyer, both in big law and inside a global legal department – so she has seen it all when it comes to contracts. Over the years, Lucy has learned through trial and error the ways to make contracting simpler, smoother, and more predictable for the business.

 

Lucy will be our speaker for our multi-part CLM Fundamentals Series. This series will explore the various phases, processes and steps which constitute the contract lifecycle as well as the best role for the Legal department within that lifecycle. This series will also shine a light on defining legal review policies, categorizing contracts and redefining roles and responsibilities across the organization to expedite contracting.

 

Join us at 12pm ET on Thursday, May 26, 2022, for the first event in our CLM Fundamentals Series, as Lucy will:

 

– Provide an overview of the current state of CLM industry;

– Review the phases of CLM and where in-house lawyers should be spending their time;

– Provide tips for creating an effective legal review policy based on thresholds and risk tolerances; and

– Provide best practices for allocating responsibilities across the lifecycle to define where business owners can be empowered so in-house lawyers can focus on other tasks.

 

Attendees will come away from the program with an understanding of CLM and practical tips and guidance for improving their own CLM processes.

 

There is NO COST to attend this program!

This program, including any CLE credit, is FREE thanks to our fantastic sponsor, Pramata!

 

 

CLE Information

This program is pending CLE credit in the following states:  NY, PA, CA, IL, TN, TX, OH, MN and NC.

 

This program is pending CLE credit for self-application by the attorney or for reciprocal CLE credit in the following states: AZ, CT, FL, ME, MT, NJ, & ND.

 

This program is appropriate for newly admitted attorneys and experienced attorneys.

 

Who Should Attend

This program is designed for all levels of in-house counsel who manage contracts and are interested in learning how to better optimize their organization’s contract lifecycle management process.

 

Virtual Networking

After Audience Q&A, all are invited to engage in virtual networking (video cameras ON), where you can meet our speaker, share best practices, and network with in-house counsel and legal professionals from across North America!

 

Recording

This event will be recorded and posted within 10 days after the event, along with the presentation slides. Note, the recording is NOT CLE eligible.

 

Thursday, May 26, 2022, via Live Zoom Video Conference

  • 12:00 pm -1:30 ET: Live Presentation followed by Audience Q&A
  • 1:30 pm -2:00 pm ET: Virtual Networking via Breakout Room

 

Lucy Bassli is an attorney, author of The Simple Guide to Legal Innovation and the Founder and Principal of InnoLaw Group, PLLC. As a former Assistant General Counsel of Legal Operations and Contracting at Microsoft, she redefined how legal work is done and created one of the first managed service engagements with a law firm.  In 2015, she was named to the National Law Journal list of Outstanding Women Lawyers, and an ACC Value Champion in 2016. Before joining Microsoft, Lucy was an associate at Davis Wright Tremaine in Seattle in the commercial bankruptcy and business transactions practices.

 

Lucy is a highly sought-after legal industry expert working with corporate legal departments and law firms on modernizing legal service delivery, automation, smart risk-taking and alternative resourcing models. She trains and consults with lawyers to take best practices in the legal industry to a new level. Lucy has a deep partnership with Dentons, the world’s largest law firm, to deliver legal operations consulting to corporate law departments; and she is a strategy advisor for LawGeex, an AI legal start-up that automates contract review processes.

 

 

Lucy is a frequent writer, often contributing to industry books; and a speaker on legal services innovation, legal technology and legal process outsourcing.  She recently developed her own courseware, Modernizing Your Legal Practice, a three-part series designed to help law firm lawyers to turn ideas into actionable business practices.

Title:
CLM Fundamentals for In-House Counsel: Key Steps for Ensuring a Smooth CLM Journey

Time:
Thursday, May 26, 2022 12:00 PM

Timezone:
America/New_York

Lucy Bassli is an attorney, author of The Simple Guide to Legal Innovation and the Founder and Principal of InnoLaw Group, PLLC. As a former Assistant General Counsel of Legal Operations and Contracting at Microsoft, she redefined how legal work is done and created one of the first managed service engagements with a law firm.  In 2015, she was named to the National Law Journal list of Outstanding Women Lawyers, and an ACC Value Champion in 2016. Before joining Microsoft, Lucy was an associate at Davis Wright Tremaine in Seattle in the commercial bankruptcy and business transactions practices.

 

Lucy is a highly sought-after legal industry expert working with corporate legal departments and law firms on modernizing legal service delivery, automation, smart risk-taking and alternative resourcing models. She trains and consults with lawyers to take best practices in the legal industry to a new level. Lucy has a deep partnership with Dentons, the world’s largest law firm, to deliver legal operations consulting to corporate law departments; and she is a strategy advisor for LawGeex, an AI legal start-up that automates contract review processes.

 

 

Lucy is a frequent writer, often contributing to industry books; and a speaker on legal services innovation, legal technology and legal process outsourcing.  She recently developed her own courseware, Modernizing Your Legal Practice, a three-part series designed to help law firm lawyers to turn ideas into actionable business practices.

Title:
CLM Fundamentals for In-House Counsel: Key Steps for Ensuring a Smooth CLM Journey

Time:
Thursday, May 26, 2022 12:00 PM

Timezone:
America/New_York

CLM Fundamentals for In-House Counsel: Key Steps for Ensuring a Smooth CLM Journey

About the Event

Contract management is one of the most important services delivered by in-house counsel to their organizations. Contracts touch every part of the business, and its often the main sector of interaction and integration between the business and the legal department. How contracts are structured, accessed, and shared with the business, as well as the overall process by which they are negotiated and ultimately executed is called contract lifecycle management, or “CLM” for short.

 

Getting CLM right is of crucial importance for in-house counsel. A clunky, inefficient, unpredictable, and frustrating CLM process reflects poorly on the legal department. On the other hand, a simple, smooth, efficient and predictable process reflects well on the legal department and is the standard by which all legal departments should strive for.

 

Given the critical importance of CLM, In-House Connect is thrilled to feature Lucy Bassli, author of CLM Simplified and the Founder and Principal of InnoLaw Group, PLLC. Lucy has spent most of her career as a commercial transactions lawyer, both in big law and inside a global legal department – so she has seen it all when it comes to contracts. Over the years, Lucy has learned through trial and error the ways to make contracting simpler, smoother, and more predictable for the business.

 

Lucy will be our speaker for our multi-part CLM Fundamentals Series. This series will explore the various phases, processes and steps which constitute the contract lifecycle as well as the best role for the Legal department within that lifecycle. This series will also shine a light on defining legal review policies, categorizing contracts and redefining roles and responsibilities across the organization to expedite contracting.

 

Join us at 12pm ET on Thursday, May 26, 2022, for the first event in our CLM Fundamentals Series, as Lucy will:

 

– Provide an overview of the current state of CLM industry;

– Review the phases of CLM and where in-house lawyers should be spending their time;

– Provide tips for creating an effective legal review policy based on thresholds and risk tolerances; and

– Provide best practices for allocating responsibilities across the lifecycle to define where business owners can be empowered so in-house lawyers can focus on other tasks.

 

Attendees will come away from the program with an understanding of CLM and practical tips and guidance for improving their own CLM processes.

 

There is NO COST to attend this program!

This program, including any CLE credit, is FREE thanks to our fantastic sponsor, Pramata!

 

 

CLE Information

This program is pending CLE credit in the following states:  NY, PA, CA, IL, TN, TX, OH, MN and NC.

 

This program is pending CLE credit for self-application by the attorney or for reciprocal CLE credit in the following states: AZ, CT, FL, ME, MT, NJ, & ND.

 

This program is appropriate for newly admitted attorneys and experienced attorneys.

 

Who Should Attend

This program is designed for all levels of in-house counsel who manage contracts and are interested in learning how to better optimize their organization’s contract lifecycle management process.

 

Virtual Networking

After Audience Q&A, all are invited to engage in virtual networking (video cameras ON), where you can meet our speaker, share best practices, and network with in-house counsel and legal professionals from across North America!

 

Recording

This event will be recorded and posted within 10 days after the event, along with the presentation slides. Note, the recording is NOT CLE eligible.

 

Thursday, May 26, 2022, via Live Zoom Video Conference

  • 12:00 pm -1:30 ET: Live Presentation followed by Audience Q&A
  • 1:30 pm -2:00 pm ET: Virtual Networking via Breakout Room

 

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