CLM Simplified: Using Policy, Templates And Playbooks To Become More Efficient Today
More often than not, law department lawyers find themselves in a reactive role when they review the contracts sent to them by the business. Somehow, the business owners determine what Legal should and shouldn’t review. Yet the attorneys are in the best place to make that determination. So, why don’t more legal teams take a proactive role in defining what should land on their plates?
Tune in tp the next edition of our CLM Fundamentals Series, as Lucy Bassli, author of CLM Simplified and the Founder and Principal of InnoLaw Group, PLLC will provide expert tips and tricks for devising policy, templates, and playbooks to maximize efficiency in the contracting process.
Lucy will discuss:
– How to create a legal review policy to control the type and volume of contracts coming to the legal department
– Tips for dealing with third-party paper and contract templates in a more efficient and scalable way
– Defining different types of playbooks with respect to purpose and audience; and
– Developing an ongoing maintenance program to ensure improvements and efficiency over time.
By developing a clear review policy and empowering the business with some common templates and negotiation guides, the legal team can feel some immediate relief from the never-ending contracting workload.
PLEASE NOTE: THE VIDEO IS NOT CLE ELIGIBLE